Categories Reliancelongterm

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Kunal Bothra
Kunal Bothra
@kbbothra
RELIANCE : MEGA BREAKOUT ; On course for 3000....
Patterns on indicators are typically more powerful than on prices.
A rhythmic price action indicates a classic 'channel' formation 3 years back as well.

#reliance #RIL #technical
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Techno Prince
Techno Prince
@Trader_souradep
#Reliance #RelianceIndustries is near bottom end of the channel , If stock sustains above 200 DMA 2510 , the stock can rally towards 3000-3100 levels
#nifty #stocks
Not trading call, academic post
RELIANCELONGTERM
Gurleen
Gurleen
@GurleenKaur_19
#RELIANCE

The failure of the price to move past the previous high resulted in a fall back towards the lower band.

The structure looks weak and might hit 2370 initially which coincides with the channel bottom.

Thereafter, if the pivot gets taken out, Might hit Point D.
RELIANCELONGTERM
Prashant Bhansali
Prashant Bhansali
@prashant280294
Same view on #Reliance 👍

5 waves from 1998 bottom
5 waves from 2015 bottom
5 waves from 2020 bottom

All on verge of completion on weekly and monthly charts

**3288** the level above which if it moves, need to re-evaluate analysis

IT'S ALL ABOUT CYCLES
#ElliottWaves https://t.co/gqaP855BxM
RELIANCELONGTERM