#Reliance Box breakout Trade || Swing Trade || Shot TermThe views expressed here are for our record purposes only. Please consult your personal financial advisor before investing. We are in no way responsible for your profits/losses what so ever.
Ril
RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020RELIANCE SETUP FOR 23 NOVEMBER 2020
RSI giving signal to buy however......RSI in RIL is giving indication to buy however it's likely to cool off bit more.
Reliance Industries - Is it the peak? Will I get stuck on top?"Market Structure"
Investors won't get stuck from medium to long term perspective even if they enter RIL from here.
There could be a small correction in short to very short term but that should be seen as an opportunity to enter in.
Reliance Poll and Flag Breakout for swing tradingWhy this trade?
Technical Data:
1. Reliance was holding 2040-2050 very strongly despite of large move in the last few months. Also in the market of uncertainty.
2. We saw one way rally from 1611 to the 2198.90 when it breaks ATH of 21st January.
3. The most interesting thing is consolidation on higher levels for 30 trading sessions ( over 42 days ) and it never close below 2000 in this period. This is clearly showing strength.
Fundamental/News :
1. Recent acquisition of future group & silver lake's as first investor in the Reliance retail shows mostly all strategic investment announcement most likely to done in upcoming days.
2. Valuation of R-Retail is really very good & could be the larger than RJIO.
Thought Process:
Many was thinking to buy below 2000 or at 1800 levels after big run. Similarly one could think to buy at 2200 level when it will move to 2600. No one can predict up/down move of stock. Basic thing when investor like Silverlake investing at current valuation then it may have probability to get multi fold returns in upcoming years. Usually private equity funds interested larger returns. They avoid to play for less marginal returns. So in short, current valuation is not really overrated as everyone is talking.
Targets/Stoploss:
Time frame : Next 18-22 trading sessions ( Analyzing )
Entry: Above 2170 on closing basis
Target: 2595 ( Decide using poll-flag pattern. )
Stoploss: 2040-2050 ( Current swing low )
RR: 3.15
RELIANCE - GO SHORT WITH A RR OF 1:40RELIANCE - GO SHORT @ CMP WITH A SL OF 1920 AND A TARGET OF 1600. TARGET SHOULD BE ACHIEVED BY 10 AUGUST
Is Reliance forming parabolic pattern for a good upward trend ?Based on this Chart Reliance is forming a parabolic pattern for a good upward trend, what do you think ? Let's find out in October 2020!!
RELIANCE | Very BullishReliance Industries has raised more than 100,000 Crore Rupees in the past 6 weeks, significantly reducing their net debt.
- This is a good sign, showing institutional investors' interest and belief in the company.
- Fundamentals aside, technically the price action seems to be breaking out of a Inverse head& Shoulder, along with a cup and handle pattern, Only adding to the bullishness of the stock.
-MACD also is converging to form a bullish crossover on the 4H chart.
- Reliance is a very big player in the Telco sector in one of the most populated countries in the world, showing their profit margin capabilities.
I'm very bullish on this stock in the long term and i expect positive price action to follow up this week.
Reliance Industries Ltd is undergoing short term correctionRIL has completed the 5 legs impulsive structure to the upside and bounced lower from the key resistance area around 1600.
Now it's undergoing the short term correction to resume the bullish trend afterward.
It may develop 2 possible scenarios for the corrective action:
1. The correction will not be deep enough and could play inside the range for a while to breakout to the upside later on.
2. It may go down to the critical support zone ( 1300 - 1250 ) which coincides with the Fibo retracement of 50% and resume its bullish trend.
GOOD LUCK FOR YOUR TRADES !!!
PLEASE SHOW YOUR SUPPORT IF YOU LIKED THE IDEA
RELIANCE - GO SHORT FOR A TARGET OF SUB- 1400 ON 26 MAY 2020RELIANCE - GO SHORT @ CMP WITH A SL OF 1462 AND A TARGET OF 1391. TARGET SHOULD BE ACHIEVED BY 26 MAY 2020
RELIANCE - GO LONG FOR A NEW HIGHRELIANCE - GO LONG WITH A SL OF 1412 AND A TARGET 1 OF 1496 AND A TARGET 2 OF 1528. IF TARGET 1 IS ACHIEVED BY 18 MAY, REMAIN IN POSITION FOR A NEW HIGH BY 22 MAY 2020
RELIANCE - GO SHORT FOR A TREMENDOUS RR RELIANCE - GO SHORT @ CMP WITH A SL OF 1594 AND A TARGET1 OF 1445 AND A TARGET 2 OF 1322
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 - GO SHORT FOR A TREMENDIOUS RRRELIANCE - GO SHORT @ CMP WITH A SL OF 1222 AND A TARGET OF 1060.
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
Short Reliance below 1590, for targets 1579,1555 Govt seeking restraint on RIL stake sale to Aramco
Reversal here below 1590 should take it to 1579,1555
CoAL INDIA Daily income trade. ShortPrice is moving in downwards range. Trend is also down, so, it is pure indicates that to go for short.
RELIANCE SHORT FOR TARGET OF Rs 995 - 975Reliance in a strong downtrend. Presents a good short opportunity for Target of Rs 995-955 Range.
