Reliance-Risky or Rewarding (Ongoing 5th Wave ) (Wave Analysis)

Dec 27, 2020

Last Fall /Wave Downside- 2022 to 1855 was done in fast & furious mode as suggested in the last idea mentioned below


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Last Idea- Last Leg Running upside in Triangle close to 2000- Get Ready for Fall!!!
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Trading Strategy
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• Channel can provide resistance below 2022
• Careful in 2000-2022 zone
• Sell strictly below 2022 for 1900 / 1850 & lower targets
• Buy strictly above 2022 (once crosses upside & holds above the level)

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Thanks & Have a wonderful week ahead.

Dec 28, 2020

Trade active

20:53 Hrs / 28th Dec2020

Last Price- 2003

Dear Followers,

I Have mentioned key & critical level- 2022 to plan your trading. Today, it respected & had a short fall close to 2000 levels ( Day High @ 2018 )

Always, check the price movement. Crossing above 2022 - It will be a buy for higher targets which I have already suggested in the main update.

Thanks & Have wonderful time.

Dec 29, 2020

Trade active

10:41 Hrs / 29th Dec2020

BankNifty Update

Last Price-31262

Careful at the Key level- 31300 - Any further buying can be expected only above 31300

Holding below 31300 - Bank Nifty can fall

Large Cap is falling from 2020 again

Few Other Stocks - Tata Steel (Last-628) Careful below 640's

Jan 5, 2021

Trade active

09:38 Hrs / 5th Jan2021

Last Price - 1975

Reliance respected top end @ 2020/2022 as suggested in the idea - as a trader, need to manage our risk

Jan 7, 2021

Trade closed: target reached

15:29 Hrs / 7th Jan2021

Reliance ----------------------------Recent Low @ 1905 ------------ Target achieved 2018 to 1900 (Approx) just missed by 5 points - almost 110+ points in the fall suggested below 2020.

Thanks