As per my wave analysis, the last wave is pending in this script. Hence it looks this are the possibilities..
As per wave analysis, TL as well as Fibs, here are my observations mentioned on the chart..
As per my Published Idea on Oct 26, prices of BAJAJFINSV is almost near the target 5000 level area.. which makes it a nice BUY for an UP move to 6400 area.. However, PLEASE WAIT for CONFIRMATION as the prices should go UP with A THURSTING candle above the 5100-5165 small BLUE BOX as well as close above the BLUE TL above.. and NOT REVERSE from there.. Go for it...
As per my Published Idea on Oct 26, 2017.. Price of RELIANCE has reversed from it's UP trend and is in correction and going towards our target price of 850-875, to make a NICE BUY for an UP side to complete the last WAVE UP as per WAVE theory. Target price will be 1040-1050 levels. It's a WAIT game.. to buy LOW and SELL high!!
As detailed in the chart.. analysis done with wave theory, trend lines and Fibonacci Retracements..
As per wave analysis, price will probably go down to 875-850 level and then will go up for last wave up to 1035-1050 level..Wait until there is a correction ends for a buy option to go up..
As per wave theory, my analysis details are described on the chart..
As detailed in my chart..
As given in charts.. It will be a good trade, if you can live with patience.. Good ratio for sure..
Details on the chart..