Bullish scenario
weekly chart of reliance starting from march 2020.
Fits in to a leading diogonal.wave 3 is not the shortest.overlapping of wave 4 and wave 2.major 1 st wave ended in may 22.there after reliance had a pull back in 2 nd wave.Now 3 rd wave is in progress,inverted
head and shoulder pattern can be visualised here.
At least target of 3089.7 can be reached.this is weekly chart hence not a f&o recommendation.
Fits in to a leading diogonal.wave 3 is not the shortest.overlapping of wave 4 and wave 2.major 1 st wave ended in may 22.there after reliance had a pull back in 2 nd wave.Now 3 rd wave is in progress,inverted
head and shoulder pattern can be visualised here.
At least target of 3089.7 can be reached.this is weekly chart hence not a f&o recommendation.
Note
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Note
Note
reliance right on the track.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.