A likely flag pattern formation in Reliance Industries.
Reliance Industries Flag pattern.
feel free to call us +919500077790 info@eqsis.com
Stock Analysis
M | T | W | T | F | S | S |
---|---|---|---|---|---|---|
1 | 2 | 3 | ||||
4 | 5 | 6 | 7 | 8 | 9 | 10 |
11 | 12 | 13 | 14 | 15 | 16 | 17 |
18 | 19 | 20 | 21 | 22 | 23 | 24 |
25 | 26 | 27 | 28 | 29 | 30 | 31 |
Bullish View
Bearish View
- Bearish-GAP-SHORT-BICON-25-10-2019 October 25, 2019
- FEDERAL BANK – BEARISH ENGULFING October 17, 2019
- Cummins India – Bearish Engulfing – 24Sep19 September 25, 2019
- Day29-Tata Motors DVR – Bearish Piercing – 12Sep19 September 12, 2019
- Day27-Bearish-Engulfing pattern-Tech Mahindtra-09Sep19 September 10, 2019
How this forum help stock traders?
Stock Trading is business, the success depends not just on capital or subscribing advisory services or participating workshops. The factors such as your awareness level about business, Efforts and your contributions, Smartness, Knowledge in analysis and trading instrument, availability of infrastructure and emotional control determine your success.
Sir kindly highlight the pattern structure on the chart for the better view. Here am not able to spot the rectangle shape sideways move (flag cloth)..
Also consider the target based on the risk taken. E.g if i take Rs.15 risk and i need Rs.15 returns, accordingly arrive the stoploss..
Hi Friend, Sorry for the delay in reply. I had to attend the funeral function of my father inlaw. In fact that slight sideways movement is called the flag and that you get a pole. In fact this graph as formed with two poles and flag pattern I feel. When flag patterns form I think we can double our earns, so I kept a higher target and expecting it to hit the target, which I believe has been achieved.