Reliance on watch#Reliance
14-Feb-2022
Looks to form C&H pattern. Open above 2338 can go long for 2460. Below 2300 can hit 2200 levels!
RELIANCE
RELIANCE LONGReliance will try for the third time to break the above trendline.
Good R:R from this point but a little bit risky as well.
Trade safe. Manage risk. Be profitable.
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Disclaimer :- This is just my view. Please analyze charts yourself and then decide to take any trades.
RELIANCE INDUSTRIES Bullish Or bearish ??1. RIL is forming a Bullish triagular pattern and will breakup .
2. Lower level is 2361 and higher is as indicated and may baounce back to base before moving up
3. by apruil may breakout from the pattern till than keep accumulating at lower levels as SIP
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LIKE IF You AGREE
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Reliance chartDaily chart on bottom support
W
Pattern and buying volume,
above 2350 buying side
and stop loss previous candle low 2300
Those analysis are education purpose
if you take trade is your own risk.
learn and earn,....
Nifty, Banknifty and top stocks analysis for tomorrow + levelsNifty saw a recovery, but failed to hold above 17,300. Market-wide sentiment appeared a little weak. What's your view?
Head and Shoulder in Reliance IndustriesNSE:RELIANCE has formed a slanting H&S and the price is hovering at right shoulder breakdown levels. It's too early to say it'll materialise. And if it materialises then what does that mean for NSE:NIFTY ? Keep an eye!
RIIL - Bullish flag pattern formedReliance Industrial Infrastructure Ltd
Sector: Infrastructure Developers & Operators
Industry: Engineering - Turnkey Services
Market Capitalization(Rs. Cr.): 1472.65
52 Week High: 1032.60
52 Week Low: 347
Stock P/E: 182.48
Sector P/E: 25.62
Debt/Equity: 0.00
Net profit June quarter(Rs. Cr.): 1.79
Net profit September quarter(Rs. Cr.): 1.94
Net profit December quarter(Rs. Cr.): awaited 20 January 2022
Net profit April 2020-March 2021(Rs. Cr.): 7.70
Net profit April 2021-Till date(Rs. Cr.): 8.07
With results around the corner a good stock to watch out for.
Read chart carefully to understand the trade
R1 1001
R2 1028
R3 1052
S1 951
S2 926
S3 900
Hope this helps.......
Your feedback is highly appreciated.
Nifty, Banknifty and top stocks analysis for tomorrow + levelsBudget over rally over? We saw Nifty closing almost exactly at the budget day's closing price, possibly owing to a resumption of FII selling. Where do you think we could be headed? Do you foresee a deeper correction? IT especially looking a little weak.
Nifty, Banknifty and top stocks analysis for tomorrow + levelsThe big event is finally finito. Where do you feel the markets could be headed from here?
Nifty, Banknifty and top stocks analysis for tomorrow + levelsThe market ended on a rather indecisive note after gapping up. How are you going into the Budget day? What's your view?
Nifty, Banknifty and top stocks analysis for tomorrow + levelsNifty, Banknifty and top stocks analysis for tomorrow + levels ahead of the budget. What's your view? Banks underperformed and IT did a little well.
Nifty, Banknifty and top stocks analysis for tomorrow + levelsBanks stole the show today, while the rest of the market disappointed. IT continues to fall, but that might make for a good RR trade. What's your view?
Nifty, Banknifty and top stocks analysis for tomorrow + levelsWe saw a stellar intraday recovery in the market today, with the key performers being SBIN and Axis Bank. Kotak Bank recovered 5% from highs. Yet another day for the banking sector. What's your view on the market?
RELIANCE - Price Action Analysis Currently , NSE:RELIANCE is taking support at the dynamic trendline. It has already been activated Harmonic Bat pattern with PRZ level 0.886 at 2204.
BUY : If It is continue falling then Buying opportunity will only happen when price holds at 2200 and makes confirmation candle or price has to hold above 2500 level with breakout candle.
SELL : Level of 2400 works as Selling Zone so further falling can see. you can get a short opportunity if any reversal happens at that price or if sustains above 2400 then 2500 again works as resistance so do accordingly.
NOTE : Buyers can wait up to 2200 or any reversal at resistance you can take short with strict SL with good Risk and rewards.
Nifty, Banknifty and top stocks analysis for tomorrow + levelsNifty retested 17k, kicking off the pre-budget week with a bang. India VIX gains massively to 22.83. Banks, while relatively better, still slipped. What's your view on the market?
Reliance trend breakout and retest for a long term upside. Reliance has been in the zone for a while and recently broke its trend line and retested today. Connecting the dots with the AGM today, and the near future happenings within the company reliance might be on a long term uptrend towards 2600 levels.
Long Term Portfolio Stock with potential for value unlocking. Reliance CMP 2477 has give an above Par to Good result. So many Acquisitions and right moves by the management. Plus as said earlier the value unlocking potential is huge considering IPO of JIO and other business segregations that may happen. For Long Term SIP buying is suggested to 3 to 5% of your Portfolio Value.
For Short term it is trapped in the squeezing triangle. Next week it has potential to take the market up with it or down with it.
If it goes down accumulate on dips. If it starts moving up buy at CMP. Medium term target 2700+. Long term target 3000+. Portfolio Stock. Long term Investment. I would not hesitate on buying at CMP and add more if price dips by chance.
Reliance Is Looking Good For SwingWhat we believe in :-
°Trade With Logic
°Take Time Before Investment
Saving Your Capital 🙂
I'm not responsible for your profit or loss.
Mainly Stock & Crypto Investor 🕵️
| Interim Trader 📊
DISCLAIMER :- This Channel Is For ( EDUCATIONAL PURPOSE )
Nifty, Banknifty and top stocks analysis for tomorrow + levelsNifty breaks down, closing below 18. Banknifty survives! What's your view on the market? Pre-budget volatility, profit-booking or a deeper rejection of highs?
Nifty, Banknifty and top stocks analysis for tomorrow + levelsBanks managed to help Nifty close above 18100 despite strong selling ahead of the FM announcement (which turned out to be a whammy). What's your view on the market?
Nifty, Banknifty and top stocks analysis for tomorrow + levelsNifty was strangled by private banks today, but still managed to hold above 18300. Do you think we will be able to see a fresh ATH before the budget announcement?
ADANIPORTS Is Looking Good For SwingWhat we believe in :-
°Trade With Logic
°Take Time Before Investment
Saving Your Capital 🙂
I'm not responsible for your profit or loss.
Mainly Stock & Crypto Investor 🕵️
| Interim Trader 📊
DISCLAIMER :- This Channel Is For ( EDUCATIONAL PURPOSE )
BPCL Is Looking Good For SwingWhat we believe in :-
°Trade With Logic
°Take Time Before Investment
Saving Your Capital 🙂
I'm not responsible for your profit or loss.
Mainly Stock & Crypto Investor 🕵️
| Interim Trader 📊
DISCLAIMER :- This Channel Is For ( EDUCATIONAL PURPOSE )
