Wave analysis of Reliance Industries

imkhushal Updated   
It looks like reliance has completed ABC pattern of correction and will move for 3rd (i) if that's true the price may open with a Gap as the correction against wave 1st (i) has been done approx 78% which indicate the Gap up opening.

Other scenario is (A) is completed and we are going for (B) which is an up move in ABC correction.

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Comment: Opening at 1951...trail you SL...may touch 2000 today itself.
It was looking like a bear trap in the previous day fall.
Short covering may come very aggressively if cross 1975.
Comment: keep an eye at 1930-34


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