bijoy2526

Buy reliance.

bijoy2526 Updated   
NSE:RELIANCE   RELIANCE INDS
weekly chart of the relaince .
after five wave up move where wave 5 is an ending diogonal and truncated
it has corrected forming A,B,and C.
wave 2 has retraced 61.8 percent of wave 1.
Now the 3 rd wave has commenced which will be confirmed when it takes out the high
of wave 1.
so it is a nice opportunity to buy reliance at the moment.
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Comment:
Comment:
wave 5 is ending diogonal,follwed by zigzag corection,not ABC as shown in the main
chart.
Comment:
please ignore other part after zigzag correction,that is not properly managed.
Comment:
Comment:
it seems correction in reliance is over.

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