rJ68263746

Reliance - Elliott wave analysis - Sell set up

Short
NSE:RELIANCE   RELIANCE INDS
Reliance - It has completed impulse cycle up from major low in 4 hr time frame and correcting down from last high in 30 min time frame as ABC zigzag down. 2nd wave of C wave is in progress, which may bounce up to 2250-80, which is good sell for target up to 2100 or even lower, with stop loss above 2310.

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