varadtambolkar

Relinace readying for a move?

varadtambolkar מעודכן   
NSE:RELIANCE   RELIANCE INDS
All observations on chart.

Dotted arrow: Lows shifting higher in indecisive zone.

Strictly Enter when it breaks the Indecision zone.

My conviction & other observations says it will be on higher side of the zone.

הערה:
If breaks on upside, should also sustain above 2085 which is large red body candle high.

there other observations on daily charts, but it will be too much confusing for viewers.
הערה:

Simpler terms, wait of either side move in weekly and keep sl at Upper/lower end of the zone
הערה:
Sorry for the mess. please check daily observations below.
הערה:
Now as oer main idea, we got a closing above 1980 levels, closing above 2085 would have been much much better. Yesterday was a good enetry for partial quantity or even daily close above 1980.

We got a closing above 8 weeks high also 😍

Overall we can say reliance is ready for bullish move. 😃
הערה:
View failed Miserably, back in the no trade zone.
הערה:
1798 and 1835 very very important levels for Reliance

רעיונות קשורים

כתב ויתור

המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.