RELIANCE INDUSTRIES LTD

Long

Updated

RELIANCE: READY TRIANGULAR THRUST

Current price structure suggest that the triangular wave structure has been completed already as we have got he final setback as wave-e. One should go long with SL of wave-c for the targets which are mentioned on the charts. The price breakout & sustainability above the level of wave-d will bolster this idea.

Note

as expected we got the bounce ! A small consideration between A & C is permissible !

Note

showing strength !

Note

WOW! Tgt-1:done ! Tgt-2 : done

Trade closed: target reached

Manish Bhardwaj (CMT L-1)
Analyst & Co-Founder
tradingsutra.com
waveutra.com

INSTAGRAM-
instagram.com/mansh_25

TWITTER-
twitter.com/mansh_25

YOUTUBE -

@TRADINGSUTRA @WAVESUTRA

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Manish Bhardwaj (CMT L-1)
Analyst & Co-Founder
tradingsutra.com
waveutra.com

INSTAGRAM-
instagram.com/mansh_25

TWITTER-
twitter.com/mansh_25

YOUTUBE -

@TRADINGSUTRA @WAVESUTRA

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.