RELIANCE trade ideas
Reliance jan 2nd week swing trade#my first stock analysis
#trade 1.1
If it breakouts on purple line it will touch the trend line n boom..!
If it goes down n touches the support and breakout the trend line as in blue line again boom..!
if it goes below the support line....stop the loss....the trade is successful fail :(
I am not a Financial advisor
Trade at ur risk
Happy Trading :)
Reliance Industries Analysis 24/02/2021the price seem to be retracing from its long term rally and now it is falling up to 61.8% of the Fibonacci retracement
if the price started to rally from the place where it is now we can target 3290 directly but if it retraces to lower supports then we can target 1 TP after the retracement
Reliance Breakout on day chart can show good movement to upside Reliance Breakout on day chart can show good movement o upside
Reliance Breakout on day chart can show good movement o upside
Reliance Breakout on day chart can show good movement o upside
Reliance Breakout on day chart can show good movement o upside
RELIANCE, showing signs of reversal after long consoldiationNotice the Price Action. Always use DOW theory as reference. Price as arrested the Lower Lows, and started making Higher Low. Price has done BO of Res TL, and will consolidate before moving in the upwards direction, Probability. LONG on Reliance with SL as per the Chart. Happy Trading
Reliance analystPursuant to Regulation 39(3) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose the information regarding loss of share certificates received from the shareholders of the Company on December 27, 2021. We are in the process of issuing duplicate share certificates to them after compliance of required formalities.
An opportunity opening up for Reliance InvestorsReliance script has been observed to form a head and shoulder pattern on the chart between the period Sept - Dec 2021. After reaching high of 2748.85, prices have been falling since then. As per current analysis, it can be speculated that the prices will continue falling till it forms a support between the price range of 2099 - 2200. If the market's downtrend, still continues the prices could even stoop down till 1914. After the script has formed a new support range, trend reversal will be observed where the share prices will reach somewhere between 2333 - 2430. The next best move for the investors would be to keep an eye on the script until the a breakout is observed along the downtrend line. Holding that long position till the analysed target it achieved would be highly advisable and the target could be achieved by March - April 2022. Happy Investing!