Relaince fut CMP 2229 buy above 2243 for Target 2250- 2260- 2270-2279- 2890-2300+
Buy when candles are going from bottom to top -
Don't buy when candle coming down from top to bottom
Please note when I m telling candles in Intraday means 15 min - else I will use specific time frame
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
