trend line breakout sell on retest reversal good for sellingNSE:RELIANCE
trade on breakout side support & resistance levels for intraday
RELIANCE trade ideas
Reliance IndsReliance inds trading in pattern. Just sharing my thoughts. DONT TRADE BASED ON THESE IDEA.
RELIANCE : CMP - 2359Investor POV: KING is Ready to Roar !!
Mota Bhai getting ready for Bulls Party
New ATH + more upside possible.... 3200 is just a number
Reliance chart view Reliance chart view as per daily analysis
Demand zone area 2300-2350
Next resistance area (hurdle area+key level) 2375-2400
short reliance - target 2250short reliance for target of 3 - 5 % in coming 3 weeks - notice crucial support zones and trend lines as drawn
Reliance long-term long viewthis is the updated view of my last post
long zone - 2210:2080
SL: 1850
as looking like its doing 1-2-3-4-5, let me know if anyone wants more info or has any doubts in idea, will be happy to answer all query :)
RELIANCE : AnalysisBreakdown of Trendline on Weekly Charts, Taking Support on the Trendline Since 2 Years.
Disclosure : Just Analysis for Future Reference. Not a Prediction.
RIL: AnalysisRIL is following a pattern. Any positive trigger and it can touch previous highs and even higher(3000+). View for next 3 months. fails below 2300
Gann Fan Reliance is moving just according to Gann Fan support and resistance levels.
Jio's revenue rises 19% YoY; EBITDA margin comes in at 52.2%
Reliance - Make or BreakWhile Reliance can go higher in the short run, in the longer run, the structure is extremely week. Watch the 20MMA. The last time Reliance closed below is with MACD in sell... Well the chart shows what happened
RELIANCE LONG TERM VIEWReliance on a weekly chart is moving in a fixed channel for a long time.
2350 is a crucial level for reliance if it breaks we can see a good downfall in this stock. And if it bounces back from this level, the previous high of 2800 level can be expected.
Trade safe. Manage risk. Be profitable.
Please follow us for more simple trading analysis and setups. Also, let me know in the comment if you have any queries.
Disclaimer:- This is my view. Please analyze the charts yourself and then decide to take any trades.
Reliance Short Term View @ 16-01-2023Reliance is at good Support & Make or Break Level 15 Min Time Frame Chart
Important Levels are Marked on Chart
Thank You Universe 🙏🙏🙏💐, Thanks to all my Teachers....🙏🙏🙏💐
Sign of Early Bearishness in RELIANCE Sign of Trend Reversal (Bearish) in 1W T.F
* Making triple top
* Making Lower High in First time
* Showing -ve RSI Divergence
* waiting for breaking the lower low for
For starting fresh downtrend
Reliance..RSI divergenceReliance is over bought in short interval. Can be shorted for a small target of 1-2 % in the coming week.
Reliance Reliance formed a hammer candle.
Mark high and low on chart.
Buy Reliance above 2500.
Important support 2350.
Buy on deep.
Reliance Industries in a downtrend structureReliance Industries in a downtrend structure.
in 4H chart Reliance Industries shows a downtrend structure, which may push market to test the support levels of 2430 in upcoming trading sessions.
Major resistance level is at 2430.
Classic Chart Pattern.Reliance too is hovering around its major trendline. Any breakdown from here might cause further pain here and Nifty both!
reliance PROS
Company is expected to give good quarter
CONS
Company has a low return on equity of 8.61% over last 3 years.
Dividend payout has been low at 9.52% of profits over last 3 years
I am looking Reliance at side ways market , This is chart only for learning purpose not for trading
Reliance Long in 2210-2080 Reliance is correcting covid low to the recent high cycle in wave II
in long term strong buy zone 2210 - 2080 with SL 1850
