Reliance 5th Elliott Wave Started

Reliance started run-up post news on Jio platform investment by different well known companies which resulted in 3rd Elliott wave.

Post news digestion retraced nearly 0.38% which made wave 4

Wave 5 will complete near 1646-66 thereby making negative Divergence with indicator like RSI and then start corrective wave ABC.

All dip towards 1370 add opportunity SL 1300

ONLY FOR EDUCATIONAL PURPOSE TRADE AT YOUR OWN RISK CAPACITY

Yorum:

Reliance ready to hit target tomorrow make sure you book full 200 points past 1650.

İşlem kapandı: hedefe ulaştı:

Made high 1648 wave 5