Video Update- Reliance Expected Move & Bank Nifty Quick Recap
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10:43 Hrs / 18th Dec2020
Last Price- 1972
Got small fall from 2005 to 1965 - It is still holding above 1950-1960 Trigger zone so upside small cannot be denied
Holding above 1950-1960 zone - small bounce can be expected to 1990-2000 & above 2000 to 2015-2020 zone
Later If stock holds below 2038 Highs then we can expect sell again
Comment
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15:22 Hrs / 18th Dec2020
Last Price- 1999
Reliance Bounced as expected from 1965-1970 to 1990-2000 zone intraday
Trade active
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12:39 Hrs / 21st June 2020
Last Price - 2006
Day High - 2020
Expecting a fall to 1985-1990 zone ------------if holds as support then one more push upside towards 2020-2030 zone -later make sure it is holding below 2038 for bigger sell.
Thanks
Trade active
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14:05 Hrs / 21st Dec2020
Last Price- 1988
Day Low - 1981.50
Target achieved downside as expected in 1985-1990 zone - There is a dynamic support here 1985-1990 as suggested earlier
Holding this zone - it can push upside 2020-2030 but keep in mind - for a bigger sell it should hold below 2038 highs also suggested above
Nifty Last - 15567
Trade active
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Trade active
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14:20 Hrs / 21st Dec2020
Last Price- 1984
Careful - Fall Not stopping below 1985 then 2022 has been the top & look for 1895 / 1835 / 1750
Trade active
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Reliance going through 1950-1960 zone
Picture at the day high 2020 - Was that top in wave-e @ 2020 for the day
Trade closed: target reached
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Partial Target done close 1835 lows ------------Day Low @ 1855 so far from 2022 Highs
I have a view that ABC correction is finished with proper time spending of 3 months,
now new wave in form of wave 3 is going to start and we are reaching new highs & my immediate target is 2550
pveesamshetty02
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many thanks ABhishek ji.
kapsnd4u
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Thanks Abhishek sir
RishabhGandhi250218
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Today high 2022 holding below 2038.
Great analysis.
RishabhGandhi250218
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Please share your view on Nifty also. It will be great to have your analysis.
vibhorjain81
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Completely agree. It can make one last swing up to 2015-2020 before starting the down move
sachinsreedharan
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Thank you
jijoycanto
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thank you sir... was really waiting for your video ideas...
I have a view that ABC correction is finished with proper time spending of 3 months,
now new wave in form of wave 3 is going to start and we are reaching new highs & my immediate target is 2550