VikramGopalAimanda

relinfra trading idea

Short
NSE:RELINFRA   RELIANCE INFRASTRU
Wave c = wave a

Even when nifty is rallying up, this is struggling to cross 625.

The rise was a slow grinding upmove, characteristics of a corrective wave. next should be a down move. Has potential to go below 438 again

sell relinfa @615, stop 630, target 475

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