RELIANCE INDUSTRIES LTD.
Long
Mis à jour

Reliance Ind.. is the irregular correction over?

158
4.c. has done a very close 1.618 time wave A and the big candle ( Although not a huge volume) may signal a reversal to complete the 5th wave of the up move?

Disclaimer: I am new to EWT but found it really helpful to invest in stocks..

The target for wave 5 is somewhere in the range of 1550-1600 ..

Please do share your view..

Note
still active.. buy the dip.. and sleep ! SL a tick below last low.. that will negate the entire count. and this upmove could just be corrective .
Note
ready for the upmove? A big bullish candle tells me so. a more conservative trader can go long above a closing of 1350.. aggressive trades can be made now .. if not already long !
Note
I meant a close above 1345.

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.