Reliance Stock Retrace 78% Then Price Show Momentum
PRICE CMP 1309
1. ABC Elliot Wave Correction in Stock Looks Like Complete.
2. Price has Engulf the last five candles and has also made breakout.
3. RSI is also above 50 and MACD is also showing a reversal.
4. Because the price has 78% retracement, the Risk Reward is also good.
The above is my personal view on the stock which I have shared for learning and observation purpose. This is not a trading advice in any form.
1. ABC Elliot Wave Correction in Stock Looks Like Complete.
2. Price has Engulf the last five candles and has also made breakout.
3. RSI is also above 50 and MACD is also showing a reversal.
4. Because the price has 78% retracement, the Risk Reward is also good.
The above is my personal view on the stock which I have shared for learning and observation purpose. This is not a trading advice in any form.
Hari Pratap
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Hari Pratap
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.