Get started

RELIANCE

Nifty Intraday Trade Setup for 17th AprilGood Morning everyone, Yesterday we have seen a slow and steady up move but nifty failed to break and sustain above 9060 . This was an Important level for today setup but SGX nifty is up more then 200 points in this Morning. We are going to see a gap up today for sure. Global Market Impact ---------------------------- A- DOW is steady and has no clear move. Neither upside nor downside. B- SGX Nifty is Up more than 200+ Point. C- Gap Up expected in Our Nifty Let's see how our Market Reacts today on the above Scenario. Nifty key Resistance area is 9260 and this is an important level. Trade setup for 16th April =============================== Buy Nifty above 9430 Stop loss : 9250 Target : Open Sell Position is tricky as 2 levels come in sell side . 1- If you see a gap up and Nifty test 9250 level again then you can setup a short position there with tight sl ( 50 points). target is huge in downside. 2 - Second Position is sell lower than 8800 ..
NSE:NIFTY
by CodeViser
6
RELIANCE - GO SHORT FOR A RR OF 1:4 ON 13 APRIL - CONDITIONALRELIANCE - GO SHORT @ CMP WITH A SL OF 1264.4 AND A TARGET OF 1064. THERE IS A HIGH PROBABILITY THAT THIS TARGET WILL BE ACHIEVED, HOWEVER, FOR THE TARGET TO BE ACHIEVED ON MONDAY, I.E. 13 APRIL, FOLLOWING SHOULD BE SATISFIED 1. THE OPEN SHOULD BE BELOW 1205 OR 2. IF THE OPEN IS ABOVE 1205, THE DURATION TAKEN FOR THE MOVE FROM 1205 TO THE HIGH (1224.9 OR THE DAY'S HIGH ON 13 APRIL) SHOULD BE GREATER THAN THE DURATION REQUIRED TO BREACH 1205
NSE:RELIANCEShort
by anshusahay
RELIANCE - Possible Outlook 2020On request charting for a friend. Feels like the COVID Virus would go well will the last impulsive push down to the green buy zone, followed by impulsive move upwards and beyond. If you are new to my feed, please like and follow if you find value in this idea. I am a budding FOREX trader in the USA, and categorize myself as a midterm and long term swing Trader. Not financial advice. Enjoy the trade. Thanks a ton friends for your support. Loving the community here so far. Cheers
NSE:RELIANCELong
by Blockchain_Roller_Coaster
Reliance Industries making new highsReliance Industries, like the NIFTY looks to soar higher. In order to create a strategy for my friends who currently hold this stock in their portfolio or are looking at buying fresh, here is a quick guide for various support/ resistance levels marked with various years they have been found very useful acting as a point of support/ resistance While my analysis runs down right from the time the stock is listed, some of thay cant be made visible given the constraint of space and presentation Do note some lines end up being very useful as they are a constant testing zone. Point to remember, the more the line is tested as resistance or support levels in the past, more the significance of the breakout and price action thereof and needs to be checked with near term confirmation parameters to confirm the breakout Currently, Reliance industries is an uptrend and is continuously forming higher highs and higher lows…I will do a detailed analysis on this stock on a later chart with weekly/ monthly charts to have a more hands on look at price movement Please share a thumbs up if you like what you see and you could also share your comments in the section below Cheers
NSE:RELIANCELong
by LoveForCharts