Get started
SolomonsView

2 ways to trade #Reliance on the long side

Long
RELIANCE INDS FUTURES (NSE:RELIANCE1!)  
SolomonsView  
NSE:RELIANCE1!   RELIANCE INDS FUTURES
Wave Analysis Chart Patterns RELIANCE 4thwave traingle
0
0
waveanalysis chartpattern reliance 4thwave traingle
Reliance seems to be in a 4th Wave Elliotwave triangle. An agressive trader could go long now with a SL below the wave e ( red line) . A conservative trader could wait for the blue line above to be broken ( wave d high) and then enter. Thrusts out of triangles are swift and sharp
Michael @ SolomonsView

Twitter - @SolomonsView
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.