Commencez
Jay_shree

Dealing with 4-chart "extensively research" at Reliance price...

RELIANCE INDS (NSE:RELIANCE)  
Jay_shree  
NSE:RELIANCE   RELIANCE INDS
Parallel Channel Volume Wave Analysis RELIANCE-TIPS reliance-chart RELIANCE-TRADE reliance-trading reliancetradingtips reliance-research reliance-price-trade RELIANCE-RELIANCE reliancetrading
182
77
parallelchannel volumestudies waveanalysis reliance-tips reliance-chart reliance-trade reliance-trading reliancetradingtips reliance-research reliance-price-trade reliance-reliance reliancetrading

Volume vs. Price Action:

Points to be focus on:
  • Gap (run away type)
  • Invalid Doji (from the left to right Doji is invalid because of low volume compare to previous candle)
  • sequence of tails (sign of existence negativeness)
  • Interruption began to push price upward.
Red Alert : sellers will take action on the Red Alert zone 1542 to 1490, and price will T1 as target.


Fibonacci Retracement:
snapshot
confluence zone 1353 to 1329 target
next target 1250 nearby if sellers will continue.


Wave analysis theory (unconfirmed):
snapshot


Parallel Channel and Project:
snapshot
T1 -1375 to 1380

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.