Buy reliance.
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weekly chart of the relaince .
after five wave up move where wave 5 is an ending diogonal and truncated
it has corrected forming A,B,and C.
wave 2 has retraced 61.8 percent of wave 1.
Now the 3 rd wave has commenced which will be confirmed when it takes out the high
of wave 1.
so it is a nice opportunity to buy reliance at the moment.
If this posts helps you like this post.
follow me to get updates.
Hourly chart will be updated.
please go through my recent posts
after five wave up move where wave 5 is an ending diogonal and truncated
it has corrected forming A,B,and C.
wave 2 has retraced 61.8 percent of wave 1.
Now the 3 rd wave has commenced which will be confirmed when it takes out the high
of wave 1.
so it is a nice opportunity to buy reliance at the moment.
If this posts helps you like this post.
follow me to get updates.
Hourly chart will be updated.
please go through my recent posts
Note
Note
wave 5 is ending diogonal,follwed by zigzag corection,not ABC as shown in the main chart.
Note
please ignore other part after zigzag correction,that is not properly managed.Note
Note
it seems correction in reliance is over.
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