RELIANCE
Reliance Industries View for 20/07/20After a rocky ride post the 43rd AGM of NSE:RELIANCE , we witnessed a very sharp partial recovery. If previous levels are accepted, then RIL could be a good long cadidate as long as the 1880 support level is held.
(not a recommendation; for educational purposes only)
be cautious, no one know what will happen next. after 20 march 2020, it's given 150%. it's a great stock for day traders.
Relaince Bubble :- Be Cautious 24th July'2020Warning Retail to stay away from this counter:- You have much better scripts available.
This is blown out of proposition, out target is done.
The rest is your choice.
Short RelainceFor longer time frame 3-4 years, reliance may touch 2200.
For shorter time frame 2-4 weeks, reliance may touch 1615.
Wait for 1720; and if closing below 1720 then short it for target of 1615. Its already in overbought zone.
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
Reliance : Clear Divergence There is clear divergence between price vs macd on daily tf.
Looking for a sideways to bearish till 1600 lvls in coming days.
RIL crossed its all time high and lots of positive news :)Relience industries retraced from its demand zone same time it crossed its all time high 1947 from tomorrow on wards we can see it above 2000 + level
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!!
