NSE:RELIANCE
A good target of 2080 on intraday/btst as wave 5 has begun after a clean retracement with a corrective wave format in wave 4. \
Swing target of 2110/2150 can be expected if it holds momentum and breaks out in higher TF.
HDFCBANK Elliott wave movement for a positional trade. Broke a key resistance on 12-01-2021. 5th Wave might be possible by end of Jan
PS: This is my first Elliott wave analysis so any criticism is welcome.
Also, this is not an Investment Advice, Invest on your own risk.
