RELIANCE trade ideas
reliance Resistance and supportRealiance Ressistence @ 2671
Support @ 2370. it will take supoort need to enter here.
There is something about "RED Candles"Something I observed with RED candles, breaking of their highs.. etc..
RELIANCE IS GOING FOR SHORT TERM NEGATIVE TRENDIf this stock breaks the levels enter 30% capital, and enter rest on retest i guess it will take 2 or 3 months to take the profit . Even global markets trend is negative for short term so i am sure this trade will make you good money .
PURE PRICE ACTION SERIES
SHORTED RELIANCE ON INTRA DAY BASIS MADE A PROFIT OF RS 5000/- BY SELLING FUTURES.
also trading in market is risky and even risky when you trade in derivatives like futures and options always follow a strict stop loss in trading.
reliance viewreliance indudtries today may gap up because we are at support buy after resistance is broken and global markets are positive
Conditional View on #RELIANCE My conditional view on NSE:RELIANCE
Entry level 2594
Stop loss : 2581
Target would be : 2644
Note: This is my personal view, only for learners.
Reliance Industries 15 Min chart Demand and Supply Levels.Reliance Industries 15 Min chart Demand and Supply Levels.
Bullish Supply Range ( Go Long) - INR 1,801/- to INR 1,840/-
(Blue Circle in Image)
Bearish Supply Range ( Go Short) -INR 1,880/- to INR 1,876/-
(Red Circle in Image)
#RelianceIndustries #Reliance #India #StockMarket
Suggested Move - Short atINR 1,880/- to INR 1,876/-
(Red Circle in Image)
#RelianceIndustries #Reliance #India #StockMarket
Short relianceShort reliance for the target 2450.we can see these target within 8 to 10 days.keep stop loss at 2600
Reliance Industries (RIL) Level & Strategy for Next Few DaysDear traders, I have identified chart levels based on my analysis, major support, and resistance levels. Please note that I am not a SEBI registered member. Information shared here for educational purpose. Please don’t trust me or anyone for trading/investment purpose. Focus on learning how to fish, trust your own skills and please do consult your financial advisor before trading.
Today, RIL traded below major support level . RIL is the biggest heavy weight stock in Nifty . Today, RIL was down by Rs -32.45 (-1.27%) which is a significant change within a day.
Today, RIL continued to slide and performed as expected ? 1. After increase in Windfall Tax 2. Weakness in Crude Oil Prices
Today, bears successfully brought down the RIL. It will be interesting to watch RIL levels in coming days.
Shall we continue to look for sell on rise strategy in RIL amid global issues & increase in windfall tax ?????
Friends, please review & share your comments as well.
Have a very happy, healthy & profitable day ahead!
Reliance Industries (RIL) levels & Strategy for Next Few DaysDear traders, I have identified chart levels based on my analysis, major support, and resistance levels. Please note that I am not a SEBI registered member. Information shared here for educational purpose. Please don’t trust me or anyone for trading/investment purpose. Focus on learning how to fish, trust your own skills and please do consult your financial advisor before trading.
RIL is trading near major support level. RIL is the biggest heavy weight stock in Nifty. Today Nifty closed in negative -216 points.
Today, RIL alone contributed 50 plus points (nearly 1/4 of the total fall in Nifty).
Is it going to reverse from here ? or
Will RIL continue to slide ? 1. After increase in Windfall Tax 2. Weakness in Crude Oil Prices
Please review & share your comments. as well.
Have a very happy, healthy & profitable day ahead!
Reliance reached near the resistanceFrom the past few attempts we could not see reliance breaking this resistance zone of 2660. Now again it has come to the zone this could lead the downside movement of price , opportunity to short
Reliance rocket above 2670On the daily chart the stock is trading near swing high resistance and breaking above 2670 will make a successful breakout.
Potential target will be till resistance line which is placed near 2720.
Reliance Idea for 24 August, 2022 - TradesetupSince this is the second time Reliance is entering the resistance, it is expected to breach the zone and
We can go long once Reliance crosses 2652. with a 10 rupee stop loss. The short term target is 2672. A Risk/Reward ratio of 2:1.
Relaince~ made Endinging Digonal 2550, 2500 level possibleNSE:RELIANCE
short
CPM~ 2613
Target ~ 2550, 2500
short signal~ ending diagonal..
Long 3rd wave an Fib Extension TargetAs i see here 1st wave an 2nd wave both completed so it time for 3rd wave which provide us maximum target... Let's see.
Reliance Short Term View (AUGUST 2022 Only)Stay Long Above 2613, T1 - 2663, T2 - 2715.55, T3 - 2777.50..... SL 2554
Short Below 2554, T1 - 2499, T2 - 2488, T3 - 2479, T4 - 2432...... SL 2600
