RELIANCE
Bull Put Spread on Reliance BreakoutReliance Bull Put Strategy.
-1x 25MAR2021 2400PE - ₹ 282
+1x 25MAR2021 2200PE - ₹ 128.8
Max. Profit ₹ +38,300
Max. Loss ₹ -11,700
Max. RR Ratio - 1:3.27
Breakeven - 2247.0
Reliance - The Sleeping Giant Finally Wakes upRefer the reliance chart posted above for more information
Reliance Industries trendline breakout for a buyReliance Industries trendline breakout for a buy for targets of 2251, 2445
Reliance good option to trade intraday Purple trendline is acting as a very strong resistance
from here, we can draw out two possible situations
1) Reliance opening below 2011 and going straight down from there
2) Reliance opening somewhere inbetween 2060-2011, and going up and down
and forming a descending triangle only to go down in the end
importent levels of reliancesupport 2053
major resistence 2120
if support breaks next target 1996
if resistence breaks next target 2200.
Reliance - 2700 Next Reliance given pennant breakout on weekly chart and was on consolidation in range for few weeks, which can be seen clearly in daily chart. A must buy scrip now... Targets on chart...
Daily timeframe chart
Short PositionHello traders, now its a time to go short below 2055 with sl 2122 for the target last swing lows, have a good luck!!
RELIANCE Everything is mentioned in Chart
Disclaimer
I am not a SEBI Registered analyst
My studies are Educational purpose only
Consult with your Financial advisor before trading or investing
Reliance Investment- BuyBuy between 1535-1605... Time 6-7 weeks. Weekly tend downward Stop loss 2175
RELIANCE INFRASTRUCTURE | AnalysisAs Many of you know that INDIAN Budget 2021 is focused on infrastructure and It is pretty much possible that the stocks related to it will jump.
So, Here is our analysis of RELINFRA, But Let us first talk about this company -->
Reliance Infrastructure Limited, formerly Reliance Energy Limited and Bombay Suburban Electric Supply, is an Indian private sector enterprise involved in power generation, infrastructure, construction, and defense. It is part of the Reliance Anil Dhirubhai Ambani Group.
Parent organization: Reliance Group.
Revenue: 20,972 crores INR (US$2.9 billion, 2020)
Now, Should we buy it or short sell it? Let's find out.
According to our analysis -->
We have Ascending Triangle Ranges in Both Daily and Hourly Chart.
Secondly, we know that Trend may continue because this Triangle Range is a continuation Range.
RSI is rising which indicates the buyers have momentum.
But, We should wait for the breakout, and accordingly we can put the trades.
So, Let's wait for the breakout.........
Follow @alphadecodetrade
RELIANCE to break support, steep fall in the coming days NSE:RELIANCE is about to see major fall in the coming days with price likely to fall as low as 1810 . The Moving Average 50 has just crossed over the Moving Average 20. Past performance shows this results in price falling to around 2-3%. Moreover the Moving Average 200 is closing gap with MA50 and MA20 and if crosses above them, the stock can see an even greater fall going below 1800. Furthermore past few days show huge bearish body candles showing a downtrend. Only positive news (Global or Company related) can take the price up.
Reliance may be playing with peoples sentimentsReliance needs to close above the blue line (this can come any day) for next flow. For now its just playing with peoples sentiments. Accumulate at any lower level between 1950 to 2000
1900 LIMIT ORDER PLACED Reliance Industries Daily and Weekly time frames looking good for long term in terms of Price Action
Reliance Made High Of 1952 As Took Support From1830As Mentioned last chart Reliance took Support from 1830 & Made High Of 1952.if cross 1960-1965 the will be give more good move in upside
