AbhishekHSinghCMT
Long

Reliance- Likely to push in C-wave of ((iv))wave upside

NSE:RELIANCE   RELIANCE INDS
151 0 1
(( ))- Circled wave
If Reliance             starts moving above 995-1000 zone- it could give the C-wave             of yet to complete ((iv)) th             wave in the zone 1035-1040.

Monthly Triangle for Reliance- The future pathway
Trade active: 14:26 Hrs 17th Nov2016

Last Price@884

Reliance did not cross 995-1000 zone -upside, it went close to 998 so, likely if we get a chance of selling close in the zone 890-895 with strict stops above 1000- we can look for targets 865-870. It is suggesting that smaller b-wave is still not done & can look for the zones 965-970 atleast till 1000 mark is protected.
Trade active: 14:30 Hrs 17th Nov2016

There is a typing mistake - selling zone mentioned above should be 990-995 instead of 890-895.
Trade active: 15:09 Hrs 17th Nov2016

Last Price@975-

Someone selling Reliance -falls sharply from 985's but be careful to book profits if taken short as post b-wave --likely c- wave should start upside
Best Regards,
Abhishek H. Singh, CMT
India Regional Manager
http://in.tradingview.com
| LinkedIn
India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ
EN English (IN)
EN English
EN English (UK)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out