NeeravYadav
Short

Reliance possible downside (Elliott Wave Analysis)

NSE:RELIANCE   RELIANCE INDS
The 5 legged impulse to the upside looks almost complete and hence should be followed by a corrective decline which can take Reliance             to a minimum of 1080 and possibly even lower levels.
Stop Loss above last swing high 1140.
Comment: Reliance : Update : Looks like we are moving down in a complex W.4 correction :
Comment: Updated Count : Looks to be progressing down for W.y down :
Comment: Either the correction is complete already or continuing as a Flat, in either case now the risk is too high to hold shorts, looking to re enter later would be a more ideal :
Watch detailed analysis on Youtube : https://www.youtube.com/c/50EYES

Video course on Elliott Wave + Private Group : http://50eyes.com/elliott-wave-course/

1-2-1 classess : http://50eyes.com/training-program/
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