RELIANCE
RELIANCE1!
RELIANCE
Disclaimer:All the mentioned view and analysis is NOT an Investment or any kind for financial advice. These levels are just for educational purpose.
Reliance is struggling to cross the resistance level that I have shared in my previous idea.
I have tried to plot all the possible important intraday levels covering both Bullish as well as Bearish moves.
Every Target will also be considered as a Crucial profit booking area.
Club these levels with your existing View / Analysis or your Trading strategy for gaining more advantage.
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A little bullish movement can be expected if it hold the Support and Stoploss area between 2504 to 2509.
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Struggling to hold the support area.
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Posted extended target for short in minds section. Subscribe for updates.
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Last Target and profit booking area for short in the above idea might give a bounce back, so be cautious at that area. I
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Reliance needs to hold support area between 2455 to 2465 because moving below this area might lead to Significant bearish move.On the other hand if it holds the said support area then we might soon see the bull run again.
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I have added few more target level in "Minds" Section of short side if market catch up volatility. Do look over it if required.
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Check the Range in the Minds Section for today's session.
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expecting Bearish movement from current level.
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Dont try to catch the reversal up especially today.
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Reliance is trading near Important profit booking area, Be cautios.
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Updated the current range in the minds section.
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Reliance is trading at its Profit booking area. Booking Profit is a not a bad idea hear.
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I you find these weekly Levels useful then tell me on comments sections so that i can make fresh levels for the next week.
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Do boost the idea if you like these levels .It keeps me motivated.