Scribd
Upload
432 views1 page

Stochastic Rsi: Reliance Industries: (21 Jun 21)

According to a stochastic RSI analysis of Reliance Industries on June 21, 2021: The indicator signaled to go long on the stock at 9:55 AM when the blue line crossed above the red line at 2206 Rs, with a target of 1.5% gain and stop-loss of 1%. A short position was also taken at 2229 Rs, realizing a profit of 23 Rs per share or 1.04% based on the signals from this indicator.

Uploaded by

javed Patel
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
432 views1 page

Stochastic Rsi: Reliance Industries: (21 Jun 21)

According to a stochastic RSI analysis of Reliance Industries on June 21, 2021: The indicator signaled to go long on the stock at 9:55 AM when the blue line crossed above the red line at 2206 Rs, with a target of 1.5% gain and stop-loss of 1%. A short position was also taken at 2229 Rs, realizing a profit of 23 Rs per share or 1.04% based on the signals from this indicator.

Uploaded by

javed Patel
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
  • Stochastic RSI Analysis: Reliance Industries: Analyzes the Stochastic RSI indicator for Reliance Industries, providing trading insights and numerical targets.

JAVED PATEL

MET MUMBAI

 STOCHASTIC RSI
RELIANCE INDUSTRIES: (21 Jun 21)
The blue line crossed red line from below at 9:55 AM so we can long at
9:55 AM at
2206 Rs with target of 1.5% and stop-loss of 1%.

Here we taken a long at 2206 Rs


And short at 2229 Rs
So, we have profit of 23 Rs per share.
Here by using this indicator we are in profit Which is 1.04%.

You might also like