Reliance Ind.. is the irregular correction over?

4.c. has done a very close 1.618 time wave A and the big candle ( Although not a huge volume) may signal a reversal to complete the 5th wave of the up move?

Disclaimer: I am new to EWT but found it really helpful to invest in stocks..

The target for wave 5 is somewhere in the range of 1550-1600 ..

Please do share your view..

Comment:

still active.. buy the dip.. and sleep ! SL a tick below last low.. that will negate the entire count. and this upmove could just be corrective .

Comment:

ready for the upmove? A big bullish candle tells me so. a more conservative trader can go long above a closing of 1350.. aggressive trades can be made now .. if not already long !

Comment:

I meant a close above 1345.