[ Reliance Industries LTD ] what's next?The top has formed and the next level I'm eyeing to load my bags is at the mentioned buy region. I'm looking forward for a Inverse H&S to play out. I'll see what happens and update accordingly.
-Kautilya.K
Relianceindustries
@ !!!-_-!!! Reliance Trend - Coming Soon These are my views for the coming days for Reliance...
The market looks strong with an upward bias mostly but i see some profit booking to pull Reliance to recent support levels...
RELIANCE EXPECTED CHART PATTERNITS FREE MINDED DRAWING,ITS FOR EDUCATIONAL PURPOSE THINK TWICE BEFORE TAKE TRADE BASED ON THIS INFORMATION
THANKS FOR YOUR LOVE AND SUPPORT .
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Reliance Projection on next few daysBroke key support level. Next level is at 1108.
Please share you rcomments
RELIANCE - GO SHORT FOR A RR OF 1:4 ON 13 APRIL - CONDITIONALRELIANCE - GO SHORT @ CMP WITH A SL OF 1264.4 AND A TARGET OF 1064. THERE IS A HIGH PROBABILITY THAT THIS TARGET WILL BE ACHIEVED, HOWEVER, FOR THE TARGET TO BE ACHIEVED ON MONDAY, I.E. 13 APRIL, FOLLOWING SHOULD BE SATISFIED
1. THE OPEN SHOULD BE BELOW 1205 OR
2. IF THE OPEN IS ABOVE 1205, THE DURATION TAKEN FOR THE MOVE FROM 1205 TO THE HIGH (1224.9 OR THE DAY'S HIGH ON 13 APRIL) SHOULD BE GREATER THAN THE DURATION REQUIRED TO BREACH 1205
Reliance industries Reliance industries is in uptrend and touching the resistance level,
It can go down to touch the fibonacci golden zone to continue the trend.
RELIANCE INDUSTRIES | BUY OPPORTUNITY |NSE IndiaFriends, please support this idea with LIKE if you find it useful.
I'm seeing a buy opportunity here. Use the pullback to get in.
Reason:
- Price hit a support
- sellers were struggling to push the price down.
- Weak resistance to the upside.
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
SPOT:HOLD RIL Support/SL Level @ 1030, Target 1100, & 1150RIL taking Support around Level @ 1030, Can be hold for Target 1100, & 1150
RELIANCE - GO LONG FOR A RR OF 1:7RELIANCE - GO LONG @ 1064 WITH A SL OF 1044 AND A TARGET OF 1194. TARGET SHOULD BE ACHIEVED BY 9 APRIL 2020
Reliance closed above 23.60% Fibonacci retrenchment level We can say, the reliance has sustain the movement which it received yesterday. "When reliance runs, it make sure nifty will run too"
It is closed above 23.60% retrenchment level and has got historical support as well, mark with green trend line.
next resistance will be at 1155-1168 level.
make short purchase at CMP, if market dynamic changes, it goes dip again buy it.
"sooner or later it will go up"
Reliance will face Resistance @ 970, above that 990, 1030Reliance will face Resistance @ 970, above that 990, 1030
relianceview is as shown on chart.
if support breaks can go down till as shown.
educational purpose.
go with flow
i think, in this kind of market support and resistance don't work.. it's beyond technicals.
RELIANCE MIGHT COME TO RESCUE FOR BULLS..RELIANCE might come to resuce..
BOTH CANDLE LOW IS 1095.. FROM HERE WE CAN SEE SOME MOVEMENT UP IF MARKET HAS TO TURN,, I THINK WE SHOULD TAKE RISK IN RELIANCE..
EVEN VOLUME WAS THE HIGHEST ON BOTH THE DAYS
STOP LOSS - 1095
trendline broken, next support is 1180 and 2nd 1100finest stock in india, buy on dips for long term.short if you are a trader, this is the golden period for short selling. not recommendation.
Reliance still have way more to fallWait for good entry point to get long on reliance industries good luck
RELIANCE - March 2020 ViewThink this happens. For a long term picture check out the post below.
Please hit the LIKE button friends for more such trades.
Do your own research. :) Enjoy. Will keep you gyz updated.
Cheers.
RELIANCE - Possible Outlook 2020On request charting for a friend. Feels like the COVID Virus would go well will the last impulsive push down to the green buy zone, followed by impulsive move upwards and beyond.
If you are new to my feed, please like and follow if you find value in this idea. I am a budding FOREX trader in the USA, and categorize myself as a midterm and long term swing Trader.
Not financial advice. Enjoy the trade. Thanks a ton friends for your support. Loving the community here so far.
Cheers
