SolomonsView

#RELIANCE - look for a downmove to 2100 to complete ZIGZAG

Short
NSE:RELIANCE1!   RELIANCE INDS FUTURES
Reliance Inds' move post the top is taking the shape of a zigzag with Wave A and B complete. We should now see Wave C head down in 5 waves to the center of the large triangle it formed in Aug. 2100 is a area it can find support.

That should then turnout to be a great bullish setup, we'll discuss that later as we see price action around that leve.

Michael @ SolomonsView

Twitter - @SolomonsView
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.