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yogi_sharma_elliottician

Reliance Analysis

RELIANCE INDS (NSE:RELIANCE)  
yogi_sharma_elliottician  
NSE:RELIANCE   RELIANCE INDS
Technical Indicators Wave Analysis Beyond Technical Analysis beyondtechnicalanalysis RELIANCE relianceindustries Double Top NIFTY nifty50
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indicator waveanalysis beyondta beyondtechnicalanalysis reliance relianceindustries doubletop nifty nifty50
Reliance has made a double top pattern and has landed on the neckline. 1541 is critical support and falling below that will trigger the double top pattern and will push the scrip towards 1521-->1502--> 1483-->1465. 26th Dec (+/- 24 hrs.) is critical date and it can change the trend in the favour of bulls.
The double top height is the target in classical TA, but will not consider this target at least for now.

Regards,
Sharma Yogesh
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