hello dear trading viewers
as we seen a clear breakout in reliance
above 1300
best trading scenario in this case is we have to wait
for a retracement near 1300
at near 1300 level we can initiate fresh long
for a target of life high
as we seen a clear breakout in reliance
above 1300
best trading scenario in this case is we have to wait
for a retracement near 1300
at near 1300 level we can initiate fresh long
for a target of life high
Note
I am not a Certified registered analysistthis is just my observation for practice and learning purpose of chart reading,
Must take advice from your financial advisor before trade
Note
near 1450 price must found strong resistance also 1.618% achived from previous wave
so we are very close to resistance
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.