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Have you remember our RELIANCE INDS chart posted on 9 Jun 2020?
Click here to see —> RELIANCE INDS
We told that it will take support 1483 nearly to that point RELIANCE came and taken its support.All the targets were achieved 1693/1758. If you have traded, i hope you enjoyed the free trade.
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R 1800 nearby
Important for reversal 176.5 & 171.5, the outcome was clear that we would get a smart move higher.
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I opined to be extended wave 3 and price retraces 38.2% from topping out wave 3.
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Support 1483/1412, for targets 1693/1758
Sell 459/465 and final 485 for targets (A)corrective wave at 427 and 405-495
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Harmonic Pattern activities:
In the last update TRADE-SETUP was:
Buy 8865 and successfully price traveled to target at 9834
Profit as per moved 1146 points.
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9584 Above, the target is valid 9990.
Short selling Zone broad 9990-10272
The parallel channel connected 2W and 4W with projected to 8731: Resistance detected 10135 nearby