RELIANCE INDUSTRIES LTDMis à jour Reliance is ready for big move…
Reliance is ready for big move…
Reasons/Traits :
• 0.236 Fib levels support can be seen
• Taking support at 13 EMA
• Consolidation during uptrend can be seen
• Bullish Cross Doji formed today (bullishness)
What can happen next :
Scenario 1 : If price break 2435 then can go up to 2480/2500/2550/2600/2650
Scenario 2 : Stock if breaks the 13 EMA support and 0.236 Fib level support can go to 2275/2225/2180/2150
Disclaimer : This analysis is only for educational purpose and not be considered as any trading idea/tip. Please consult your financial advisor before you take any trade and we are no way responsible for your profits/losses. Thank you!
Reasons/Traits :
• 0.236 Fib levels support can be seen
• Taking support at 13 EMA
• Consolidation during uptrend can be seen
• Bullish Cross Doji formed today (bullishness)
What can happen next :
Scenario 1 : If price break 2435 then can go up to 2480/2500/2550/2600/2650
Scenario 2 : Stock if breaks the 13 EMA support and 0.236 Fib level support can go to 2275/2225/2180/2150
Disclaimer : This analysis is only for educational purpose and not be considered as any trading idea/tip. Please consult your financial advisor before you take any trade and we are no way responsible for your profits/losses. Thank you!
Note
scenario 1, first and second targets hit as of todayNote
3rd target is hitNote
4th target hitNote
All targets hit, 2.618 broken ...
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.
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.