#Reliance is moving under Bullish channel and Very Bullish on Daily/Weekly/Monthly chart. it was falling since two day and after yesterday announcement about subscription amount Rs 43,574 crore from Jaadhu Holdings in Jio platform , stocl took support over trendline and moved UP and touched previous day High and closed below.
Showing Bullish in all Technical Parameter:
CCI in overbought zone
RSI is treading UP
Stoch is treading down from overbought zone
Aggressive New Long position
Stock Outperforming from Benchmark and sectrol index on 1 week and 3 month both
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Support : 1732 (A good level for buying)
Breakdown : 1800
CMP : 1826.75
Breakout : 1840
Short Target : 1874 and 1900
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Positive & Negative Point:
1) Very Bullish in Daily/weekly/Monthly chart.
2) Treading in overbought zone
3) Debt free in two month.
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(Disclaimer: This is only for educational purpose.)
Showing Bullish in all Technical Parameter:
CCI in overbought zone
RSI is treading UP
Stoch is treading down from overbought zone
Aggressive New Long position
Stock Outperforming from Benchmark and sectrol index on 1 week and 3 month both
----------------------------------------------------------
Support : 1732 (A good level for buying)
Breakdown : 1800
CMP : 1826.75
Breakout : 1840
Short Target : 1874 and 1900
----------------------------------------------------------
Positive & Negative Point:
1) Very Bullish in Daily/weekly/Monthly chart.
2) Treading in overbought zone
3) Debt free in two month.
----------------------------------------------------------
(Disclaimer: This is only for educational purpose.)
Trade closed: target reached
Hit the Target 1874............
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.