This chart is a weekly timeframe analysis of Reliance Industries Ltd. (NSE: RELIANCE) , showing price movements within a rising parallel channel. The key features of the analysis include: 1. Parallel Channel (Purple) - The price is moving within an upward-sloping channel with clear support and resistance levels. - The lower boundary of the channel is...
This chart illustrates a trading setup for Nifty 50 on a 15-minute timeframe. You've highlighted key levels, a fair value gap (FVG), and potential buying strategies. Here's a quick breakdown: 1. **Key Levels**: - **23,188** and **23,139.55** are support levels. - **23,238.40** is a resistance level and your potential buy zone above this. 2. **Fair Value...