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Relianceindustries

Reliance can be short for short Termafter making consecutive bullish upmove without any correction or pull back, Reliance has started to correct, the pullback may end taking support of Fibonacci Retracements or can take support on 5 EMA or 20 or any other EMA.try to observe this script for better understanding of price corrections , pullbacks and to learn Dynamic support and Resistances. Disclaimer: Everything i post is for observation and Learning only, i am not a SEBI registered Analyst, consult your Financial Advisor Before Taking Position.
NSE:RELIANCEShort
by gnvbharatkumar
RELIANCE - NSECo website www.ril.com 39% Market share in telecom ( JIO ) with a possibility of only two telecom servicies to remain in India- Airtel and Jio. Fast growing broadband presence Oil bullish for $90 + to pump the bottomline of reliance Front runner in bringing 5G to india, multiple investments from BIG names-- Facebook, Google, Silver Lake, Vista Equity Partners etc Focus on renewable energy, control over mass media. In short- An Elephant Trivia- look JIO in a mirror and you get OIL, after all data is the new oil :)
NSE:RELIANCELong
by EVOQUE5000
Reliance might be in the zone from where it go/grow stronger Reliance is trying to come out of the squeezing triangle and is making the case for fresh entry above 2503 closing. The medium term target will be 2597 and the long term target will be 2700+. Reliance is a buy on dip and bounce candidate and also a Portfolio stock being India’s one of the premier companies. However for trading purpose if someone wants to keep a stop loss they should keep it at closing below 2175. Reliance is into Oil and Gas, Retail, telecom, Green energy and textile all together. Scope of value unlocking in the share is huge owing to the diversity of segments the company caters to. By all means the stock has potential to become a long term asset creator. One down side of the stock is that it trades at a expensive valuations of 29.1 currently. For Paper trading. Educational view only.
NSE:RELIANCELong
by Happy_Candles_Investment
Reliance Best Zones For #Bottomfishing Best Buy Zone: 1832 - 2020 Good Buy Zone: 2020 - 2250 Add on bounce, not while it is falling. Long Term Portfolio Stock. Tracking Quantity can be taken at CMP. (Tracking Quantity : Suppose you want to Invest Rs.X in a particular stock. The amount between Rs.X/5 or Rs.X/10 would be tracking quantity) (‘Tracking Quantity’ of a stock in your portfolio will help you keep a track of the stock if it is coming in the indicated buying zones.)(Sometimes Out of sight goes out of mind so buying tracking quantity of stocks that you want to add in future helps.)
NSE:RELIANCE
by Happy_Candles_Investment
RELIANCE - Bullish view on relianceThe stock has crested a good base at the level range of 2240 levels. As you can see the stock has taken support around this area and moved upwards. It reached a high of 2751 levels before crumbling to huge selling pressures. The stock is trying to make its way back to the top. I have presented my views on the chart with levels that can help you take your trades. Thanks & Regards, If you feel you can make use of my views and put them to good use, request you to kindly revert with feedback/suggestion/improvement
NSE:RELIANCELong
by ruelfernandes
Long Term Portfolio Stock with potential for value unlocking. Reliance CMP 2477 has give an above Par to Good result. So many Acquisitions and right moves by the management. Plus as said earlier the value unlocking potential is huge considering IPO of JIO and other business segregations that may happen. For Long Term SIP buying is suggested to 3 to 5% of your Portfolio Value. For Short term it is trapped in the squeezing triangle. Next week it has potential to take the market up with it or down with it. If it goes down accumulate on dips. If it starts moving up buy at CMP. Medium term target 2700+. Long term target 3000+. Portfolio Stock. Long term Investment. I would not hesitate on buying at CMP and add more if price dips by chance.
NSE:RELIANCELong
by Happy_Candles_Investment
Reliance. Only a matter of WHEN not IFFor Educational purposes Only: Ascending channel patterns: Or rising channels are short-term bullish in that a stock moves higher within an ascending channel, but these patterns often form within longer-term downtrends as continuation patterns. The ascending channel pattern is often followed by lower prices, but only after a downside penetration of the lower trend line. The stock will continue channeling upward until it is able to break either the upper or lower trend line. Keeping that in mind ascending channels are notorious for taking your SL , but make hay while the sun shines. buy from intraday support or wait for the breakout or breakdown. One can almost mistake the structure of reliance and nifty 50 to be twins. But thats just because of Ambani's weightage in Nifty. If you dont know what "weightage" is you should not be looking at this chart or trading. I neither have the time nor the crayons to explain this to you. #meanDaddy
NSE:RELIANCE
by Sarcastic_Sharma