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Sridharan97
Jul 31, 2020 10:13 PM

Reliance Elliot Wave Formed Short

RELIANCE INDSNSE

Description

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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