TheChauhansView

RELIANCE : 400+ points soon for UP side, possible? Let us see..

Long
NSE:RELIANCE   RELIANCE INDS
My wave analysis suggest a nice BUY coming soon for about 400+ points..

Do not miss it, but let this down move first finish and then we get a reversal and we can get into the trade.

Happy Trading.

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Comment: Please note that my arrow is below the present price action.. that means that i believe it will go down from here touch the previous low and then give the reversal - for UP side. Hope this helps.

My followers are a mix of investors, swing traders - so for investors like me, we tend to plan ahead and start accumulating and this is the time to start the process. And that is why i specialise in wave analysis.

Comments

can we go for call option 2000? this is my analysis which i got from Quantsapp ( i can be wrong also, correct me if wrong then)
+4 Reply
I m expecting a massive jump soon
+1 Reply
isnt that head and shoulder ? or it has failed >
Reply
AshwinTrader Pushpmegh
@Pushpmegh, It has not failed, Infact there is HnS Breakdown...
PS : I'll be bearish till RIL below 1930...
Reply
TheChauhansView AshwinTrader
@AshwinTrader, @pushpmegh : Please note that my arrow is below the present price action.. that means that i believe it will go down from here touch the previous low and then give the reversal - for UP side. Hope this helps. Small things, but important things. My followers are a mix of investors, swing traders - so for investors like me, we tend to plan ahead and start accumulating and this is the time to start the process. And that is why i specialise in wave analysis.
Reply
Pushpmegh TheChauhansView
@TheChauhansView, perfect!
Reply
Pushpmegh AshwinTrader
@AshwinTrader, ohk.. lets wait and watch
Reply
VigneshIyer Pushpmegh
@Pushpmegh, Its not an ideal H&S because before formation of left shoulder there is no initial rise of price. the price was more or less range bound before formation of left shoulder hence that formation is inconclusive
Reply