Reliance Industries is announcing good news every day. This is making a bullish sentiment. (Short term)
Volume:
Heavy volume compared to the average volume of Reliance. (Shown by using Bollinger bands in previous charts)
The number of trades has significantly low & traded quantity is high.*
Delivery
After 21 April 2020, there is a significant drop in deliverable quantity.*
Turnover
25 April 2020 had the highest turnover (up to 7 May 2020) & is decreasing day by day.*
Option Chain
1600 & 1700 may act as good resistance where 1500 might act as support.
Price action
Self Explantionary on chart
Note: * marked -- Based on my own research & analysis
-> Just wait for some time to get some short signals. This move looks speculative .
Volume:
Heavy volume compared to the average volume of Reliance. (Shown by using Bollinger bands in previous charts)
The number of trades has significantly low & traded quantity is high.*
Delivery
After 21 April 2020, there is a significant drop in deliverable quantity.*
Turnover
25 April 2020 had the highest turnover (up to 7 May 2020) & is decreasing day by day.*
Option Chain
1600 & 1700 may act as good resistance where 1500 might act as support.
Price action
Self Explantionary on chart
Note: * marked -- Based on my own research & analysis
-> Just wait for some time to get some short signals. This move looks speculative .
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Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.