Sridharan97

Reliance Elliot Wave Formed

Short
Sridharan97 Updated   
NSE:RELIANCE   RELIANCE INDS
Hi Friends This is my first Idea.
Hope you like it!

Elliot wave formed in the 4h and 1 day time frames

I believe the Stock might fall up to 1980 and it will start its another bull run to 2300-2400

Then there will be a correction waves. Lets see how it goes.

Thank you guys, Will follow up on my Idea.

Have a great day
Trade active:
Reliance hit 2009 today, I Belive its going as per the said trend.

Somewhere between 1950-1980 the reversal will happen maybe by Wednesday.
Then lets book profits batch by batch or change stoploss while achieving levels.

Will update on it!
Trade active:
I checked the Fib retracement Reliance may go down up to 1930-1890

Lets see!
Comment:
We are heading towards the target lets see

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