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UnknownUnicorn22711483
Jun 5, 2021 11:07 AM

reliance harmonic detailed view Long

RELIANCE INDSNSE

Description

as we can see a small harmonic pattern completed at .886 and stock made red candle here . Though candle surpassed this level but eventually fell .Now if interim support is broken on candle close basis we can buy at 2045 which will be best to buy in cash.
And if interim support is not broken we can see upside directly from here till 2492(Another harmonic pattern completes here)
I have shown both possibilities with different arrows
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Comment

rising from interim support

Comment

interim support again worked
Comments
UpendraBabu
Which possibility likely to workout, pls suggest
UnknownUnicorn22711483
@UpendraBabu, for safe side, long only when candle closes above 2249 or orange line
tjanardana
@TDXPRIME,
Tab tak tho bahut deri ho jayegi
2249 candle close .. will be too late for making gains by trader
There's no confirmed clarity
Only options.people need confirmed suggestions
UnknownUnicorn22711483
@tjanardana, then maintain stop of interim support
UnknownUnicorn22711483
@tjanardana,

can you pattern? wait for breakout from this
kumarsuresh86
90% probability that it will go down as studied from Bolinger band. But it will rebound from 2045-2049 levels.
UnknownUnicorn22711483
@kumarsuresh86, for now rising from interim support
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