Niftydirection

Reliance 5th Elliott Wave Started

Largo
Niftydirection Actualizado   
NSE:RELIANCE   RELIANCE INDS
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

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Comentarios:
Reliance ready to hit target tomorrow make sure you book full 200 points past 1650.
Operación cerrada: objetivo alcanzado:
Made high 1648 wave 5

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