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RELIANCE INDUSTRIES LTD

Turn R to S and again R on RELAINCE.

By Trade-Technique
  • LH 1511 is confirmed
  • LL 1361


--> Price can move and react as resistance at POV 1281.
--> The impulsive move is 4.2 x than the Correctional move.

The price can move up to 1281 nearby.

CLOSE VIEW
snapshot

In the chart, the line was drawn from the black color which works to atrract price value. Turning our eyes on the chart from left to right means that reistances turn in support and it time to act as reistance again.



** R 1247 nearby.(R can push the price upto 1100 below.)
indianseParallel ChannelRELIANCEsetupStocksSupport and ResistancetradeWave Analysis
Trade-Technique

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