After continuous 3 downside impulsive waves now the RELIANCE chart has made a Wolfe's Wave with a beautiful breakdown of bottom line.
Furthermore, according to Price Action, RELIANCE has form a good reversal pattern by making a HIGHER LOW and gave a good closing near previous SWING HIGH. And if the STOCK now moves above its previous HIGH then it will enter...
BAJAJ FINANCE has beautifully formed a inverse Head and Shoulder pattern on hourly chart which is further supported by Wolfe Wave. If stock goes above its previous day's high then it may go up with good momentum.