RELIANCE what next?
This chart of reliance has rocked too
like my earlier charts of relaince.
it has touched the designated line shown by arrow mark in the chart.
How ever in daily chart(this is weekly) reliance is now at 200 dma.
Breaking below the weekly low only will take it to next level down.
But if nifty bounces reliance will decline I don't think so.
incidentedly the rise marked by 1 and 3 in the chart has been five wave in smaller time frame
where as decline has taken place in three waves.
Let us see if reliance rises in five wave this time or not.
don't forget to like my post.
Follow me to get updates.
Please go through my earlier posts of reliance and tcs recently.
my earlier posts of adani port,infosys,adani ent were all right on the target.
like my earlier charts of relaince.
it has touched the designated line shown by arrow mark in the chart.
How ever in daily chart(this is weekly) reliance is now at 200 dma.
Breaking below the weekly low only will take it to next level down.
But if nifty bounces reliance will decline I don't think so.
incidentedly the rise marked by 1 and 3 in the chart has been five wave in smaller time frame
where as decline has taken place in three waves.
Let us see if reliance rises in five wave this time or not.
don't forget to like my post.
Follow me to get updates.
Please go through my earlier posts of reliance and tcs recently.
my earlier posts of adani port,infosys,adani ent were all right on the target.
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