Reliance Industries Ltd has formed a Bullish Wolfe Wave structure in Hourly chart.This could trigger a target for 2570 to 2676. The SL very strictly stands to be at 2500.
The last Analysis done on Reliance was on 31st July 2021 at 2030 Level. And the bottom was very accurately predicted.And rest is History.Link is below
Chart & Analysis -ADARSH DEY
The last Analysis done on Reliance was on 31st July 2021 at 2030 Level. And the bottom was very accurately predicted.And rest is History.Link is below
Chart & Analysis -ADARSH DEY
Trade active:
As it is trading above SL. LONG Again. and the SL should be the previous day low.
Trade active:
Wolfe Wave seems to be active
Comment:
Approaching First target. Safe traders can exit now.
