Acc is on decision point 1525 is a strongest support so keep an eye on it
Beml has following a particular behavior from a long time. Stock is always pull back from their day support. Long Idea is based on it
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INTRA:UPMOVE STRICTLY above 1243 sl 1234 for 1250-1258
Reliance Industries Ltd. Large Cap
Reaching Monthly Trendline 1270.40 possibility of going short, entry on retest.
#RELIANCE CMP 1140 Long suggested above 1145. Stop 1095. Target Open Logic: #VCP #VolatilityContractionPattern Perfect VCP accompanied by Volume behaviour as well.
Symmetric triangle at apex. Second time with in YTD. Upon downside breaking can target to 1030 and upside 1220. Stop loss place just outside triangle. Straddle may prove to be cost effective.
short TCS if breaks 1907 , first target 1898, second target 1889
RAYMOND BUY ABOVE 841 , target 855
pinbar candle Reliance SELL below 1121 , for target 1116
Hello everyone In long term I can see that reliance infrastructure bottom is stil not come. Consider to watch the chart, It make a descending triangle pattern. What is descending triangle pattern? Answer : Descending triangle is a bearish continuation pattern. The pattern is usually observed in a downtrend. There are few instances the pattern is seen during an...
Hello everyone, I am sharing my Idea for Reliance Industries. Reliance is about to make " Pennant" Bullish breakout pattern in a day time frame. we Just need confirmation. What is Pennant Pattern? Pennant is a short-term continuation pattern. It is created when there is significant price movement in the stock, i.e. strong volume rally on the back of positive...
RELIANCE - GO SHORT SL 1167. TARGET 1012. TIMELINE - 3 WEEKS
Price action for Reliance seems to have broken the bull trend and I see a good short term shorting opportunity. Here are some of the technical reasons to support my theory : 1) Break below Bull channel 2) Fibonacci level resistance at around 1134 3) No part of today's candle above the bear trend-line 4) Today's candle has a long tail