MohitArora

Reliance Disinvestment/ 25% correction!

Short
BSE:RELIANCE   RELIANCE INDUSTRIES LTD
TREND ANALYSIS & TRADE SETUP !
WAVE ANALYSIS !!
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
Wait for ENTRY CONFIRMATION !
Risk:Reward: 20-25 times.
Comment: 2250 to 2080
7% Fall till now.
Comment: 2250 to 2016
11 %

Comments

@MohitArora With all due respect, do you really think target of 1606 is possible in some months??
Reply
MohitArora rcshete
@rcshete,
Target is not the main Factor.
Mostly deep correction in process after a long period of up trend.
which can range from 15-25% and it will be updated based on wave analysis & Price Action.
My view will be void if 2280 is broken.
Reply