Kinnari_Prajapati

Reliance analysis with Harmonic + Elliott wave analysis

Long
NSE:RELIANCE   RELIANCE INDS
Presently, the price is trading in ABC corrective wave inhere the Harmonic Alternate Bat OR Gartley pattern is in progress.

Reversal of Gartley Fromm 1895 of 0.786 fib ratio.
Suppose to, the price fall then, alt. Bat pattern of reversal zone is 1801 nearby for 2009 and 2130-50

Comments

I don't understand what is the need of this kind of complex analysis. even though this is not working 100%
+23 Reply
i think it has reversed from Gartley reversal point...
+5 Reply
@imkhushal, Lets see :)
Reply
your Gartly not working ,
+3 Reply
Great analysis, even though I dont understand most of it but you seem to have put in a lot of effort and with passion. What I am interested in
1. Will Reliance go up or down from present levels within this expiry and where is it likely to close
2. What is the range for Dec
I can get a lot of info from OI vol data but what are the charts telling you.
thanks
+2 Reply
Kinnari_Prajapati livetripwire
sure
Reply
Great... MEM 👍
+1 Reply
Kinnari_Prajapati santoshorange84
Reply
I think if it is able to hit entry 1 , then it will hardly recover from entry 2. safe to short until dec. though. btw kudos for the analysis.
+1 Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out