The Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart).
Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only...
RELIANCE : Down trend in hourly chart since many days. now its near to resistance for trendline & also near flip Resistance. Please watch closely (in 15 min chart ) all the candle formation and enter in trade. IF Breakout & retest of Flip level we can see 2600 on table and Nifty with our next target as per Nifty chart.
Like, Share, Comment for regular...
We discuss about daily breakout in last chart and we have that daily breakout now price going above.
Target overall done with reliance debt free .. more to come
Reliance Infrastructure Ltd Technical Analysis Indian Stock Market
Reliance Infrastructure (RInfra) is involved in the infrastructure sector. The Company is a utility company with presence across the chain of power businesses, such as generation, transmission, distribution and power trading.
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...
Reliance Infra - as per wave analysis chart looks like Long term Downside. On medium term we get some corrective upside.
On next 7 to 8 trading we can expect price could reach 440 region.
