imkhushal

Reliance may correct 250 points around to complete e

NSE:RELIANCE   RELIANCE INDS
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Reliance may correct 250 points around to complete (e)

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Why do u think reliance should come to 1900+ only because RSI is in overbought zone
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imkhushal Sunny102s
@Sunny102s, NO, as per elliott wave theory reliance is in its 4th wave and creating triangle of ABCDE, as per theory the impulse may start after completing "E" leg.
If it break above the trendline then the pattern will be invalidated.
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Isnt "D" broken the above trendline @imkhushal
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