Gann-Elliott-Trader

Buy Setup with Good Risk/Reward

Long
NSE:RELIANCE1!   RELIANCE INDS FUTURES
Reliance has been consolidating for a few days in a range and yesterday we saw a Doji on Daily Charts and Today Reliance price closed above High of yesterday's Doji. Yesterday price was rejected at lower levels and traders are ready to take it higher seems like consolidation is about to get over.

Here 4 Digit Gann Roadmap for Reliance for next 3-6 months is:
2094 2117 2140 2163 2186 2209 2233 2257 2281 2305

As we have seen from 2094 Gann level, prices closed above 2117 Gann level indicating further rise in prices in next few days and months.


Disclaimer :
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