Potential upsideSometimes the patterns aren't apparent. But if you look close enough when there is a big movement, sometime it reveals some nice story. You may ignore this saying there is a resistance coming looking at previous peak. Believe me , sometimes these resistances gets broken like a piece of glass. Look at the two double bottoms one after another in long and short term. It builds really a firm base and shows more promise for the upside. One can go for a target of 360 for a short-term view with some obvious stoploss. Good luckLongby GreySide1
Religare Enterprises looking bullishRELIGARE is on the verge of crossing RSI 60 weekly and taking support on 60 RSI monthly. Recently, it broke the neckline of the CUP & HANDLE Pattern and has started climbing back up. If you look at the volume, it's increasing. It is in an upward trend since making a bottom in 2020. If the trend continues, we may see the target up to 500 levels (100%). Longby vikasbhekare1
RELIGARENSE:RELIGARE Rsi>50 Support- 216 Sl- 207 Target- 230/240/255+ Swing trade Crossing short term 10 by 20 Longby parimalkr20002
Religare can rock; Are you holding this stock?Religare Enterprise Ltd. CMP – 230.15 Market Capitalization Rs 7,581.8Cr Red Flags:🟥 Declining cash from operations annual FIIs are decreasing stake Green Flags:🟩 No debt Zero promoter pledge MFs are increasing stake Improving annual net profit Previous Happy Candles Number – 62/100 New Happy Candles Number – 69/100 Fresh Entry/ averaging / compounding after closing above 232 Targets: 244 and 258 Long term target: 267 and 280 Stop loss: Closing below 211 The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.Longby Happy_Candles_Investment9
Religare buyReligare : Good one to buy for the target of 315.50 & 466.20 Cup and Handle formation and then Retracement completed Durations few MonthsLongby IOTABHI2
25% UPSIDE POTENTIAL IN RELIGARERELIGARE is in uptrend and retracement is done also it took support from the marked zone and I'm expecting new impulse wave. Target - 300 Longby IMEVIL5
Religare - Start long journey After a multi-year journey filled with challenges, the breakthrough has finally arrived. Like a masterpiece slowly taking shape, a classic cup pattern has emerged, signifying a major turning point. The journey's ups and downs are beautifully reflected in trading volumes, showcasing growing interest and enthusiasm. Throughout, a reliable trendline has provided unwavering support. This success isn't just about a breakout; it's a tribute to persistence, insight, and calculated risk-taking. It underscores the power of determination in the ever-changing landscape of the market.Longby inderjeetpandey277
STOCK FOR SWING TRADE this stock is at a good resistance level and we can ee it it breaking that level with good volumes buy after retest of this zone an put the stop below retest candelLongby varunpathak809Updated 5
Cup & handle breakoutA classic Cup & Handle pattern breakout in Religare Enterprise Ltd. weekly chartby chandan124103
Resistance BreakoutPlease look into the chart for a detailed understanding. Consider these for short-term & swing trades with 2% profit. For BTST trades consider booking target for 1% - 2% For long-term trades look out for resistance drawn above closing. Please consider these ideas for educational purposeLongby Breakout-Ideas2
RELIGARE ENTERPRISES (W)Ascending Triangle Breakout - This stock about to break - Height of triangle can be taken as target SL- 160Longby Badaldadmal2
RELIGARE - 23 months CUP & HANDLE══════════════════════════════ Since 2014, my markets approach is to spot trading opportunities based solely on the development of CLASSICAL CHART PATTERNS 🤝Let’s learn and grow together 🤝 ══════════════════════════════ Hello Traders ✌ After a careful consideration I came to the conclusion that: - it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment; - since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant; - the information that I think is important is very simple and can easily be understood just by looking at charts; For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart. Thank you all for your support 🔎🔎🔎 ALWAYS REMEMBER "A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist" ═════════════════════════════ ⚠ DISCLAIMER ⚠ The content is The Art Of Charting's personal opinion and it is posted purely for educational purpose and therefore it must not be taken as a direct or indirect investing recommendations or advices. Any action taken upon these information is at your own risk.Longby TheArtOfCharting16
RELIGARE - Bullish Swing ReversalNSE: RELIGARE is closing with a bullish swing reversal candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 11% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTradeLongby BrahmaBull311
Religare CnH!!!The stock has formed cup and handle but the breakout is waited. Below 160 level the pattern will be violated and the stock might remain sideways.Longby beartrader170
RELIGARE ENTERPRISES LTD.Keep this script on the radar for future targets of 222 and 254. Let it retest first and will attempt to pierce upside. You can see a break out after 14 years from the falling trendline.Longby Coral_Scorpio-1Updated 1
Religare Enterprises*Religare Enterprises* C&H Pattern: Yearly /Weekly Basis MultiYear Trendline/C&H: Price BreakOut Vol. Consolidation/Further BuiltUp *With Upside, Trail SL* *Book Profit as per Risk Appetite* *Snapshot* Estab. in 1984, Diversified Fin. Services Co., Providing loans to SMEs, Affordable Housing Finance, Health Insurance and Retail Broking. Has ~11 lakh clients from ~1,275 locations in ~400 cities (India). Simplified Group structure through mergers Revenue Up/Net Loss on Qtrly/Yearly Basis. CF for Ops. Increasingly +ve FII Stake Up Since Jun’22 / DII Up since Dec’21 *Concern:* Eroded TNW, High Leverage. Loss Making. *Highly Risky* *Do Your Own Research as Well. This is Just an Opinion.* Happy Investing :) Longby IdeasNeosagi0
RELIGARE: 5 points away from 52-week HighCMP: 176 - 10 months long base breakout in September, 25% up since then - 5 points away from its 52-week HighLongby OmkarBanneUpdated 2
Religare bumper breakout going to happen Breakout at 133 Follow stop loss Target 20% 10% easily Longby SR7TRADING_STATERGY_SUNIL_RANA0
Religare (D)Religare Buy CMP 145 Buy only Daily closing above 150 with stop loss 110 on Daily closing basis for Target of 200+Longby MarketsLearners443
Trading we all teach allReligare trend base analysis with support resistance Learning purposeLongby SR7TRADING_STATERGY_SUNIL_RANA110
religare enterprisereligare enterprise me new trade may be profitable ho sakta hai Longby questionpagesin0