Indicators of the stock are suggesting a good momentum ahead as it has given internal positive crossover. Also Its has been taking strong support at short term moving averages which can act as stop loss. Stock could touch new life high in coming months.
HEllo Frds, Reliance looking strong from current level 2437 , positional trade , Target 2684 Rs , add 1 more qty if goes around 2350 Note : this is for educational purpose only .
Reliance breaks it's support n my near by tgt i mentioned. I already hold put options from last week.
Stage 2A - Week of 12.6.23 - above all mas - increasing volume - double bottom It has bounced from a confluence of moving averages and ready to rip now!
Reverse by strong trend line and follow Fibo levels.
Strong support and big change for reversal. Target 2625
#Reliancefuture Rel with channel entry. Wolf wave & rounding bottom May touch @ 2473. Temporary seems bottomout. Near support 2408,2368. Chart for study. Trade on advice of fin.consultant.
Hello and welcome to this analysis After a sharp down move last week which might have ended its sideways corrective, Reliance is now attempting a double bottom in lower time frame, suggesting 2475 and 2575 as possible upside levels as long as its above 2470
Rel needs to cross 2408/2417 area, Again 2430 on closing base can move to 2473 . S.loss area @ 2368. Chart for study.any trade must be advised by fin.consultant.
Reliance Futures Key trading level 28th June 2022 Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views. Please consult your Financial Advisor...
Reliance Futures Key trading level 24th June 2022 Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views. Please consult your Financial Advisor...
#We make Only Profit #All Important Level in Reliance #BANKNIFTY #NIFTY #TCS #RELIANCE
reliance hold for bullish move new high will come very soon
Buy Reliance 2160CE@90-100 and for hedging sell 2 Lots of 2260CE@45-55. Margin will be required to short 2 lots of options. Buy 1Lot of Reliance Future strictly above 2240. Disclaimer : Trading is never ever recommended as it is injurious to mankind. This is purely my study based on technical charts and for educational purpose only. Please do your analysis...
Hello guys herre we are looking at the chart of relince it is forming bull flag if we broke up side then target will all the way up of channel
Some retraceent still possible but surly a long . Simple price action no Jazz.