Reliance Industries Ltd Seems have more pain.
Reliance industries chart I had uploaded earlier too. It was looking in wave 4 of correction.
The retracement for wave 4 is considered to be around 38-50%.
I have taken 38.2 % which comes around 1856, level is marked with green line.
This is not a buy/sell recommendation. only for educational purpose.
Please read the chart's labels carefully.
Regards
Reliance industries chart I had uploaded earlier too. It was looking in wave 4 of correction.
The retracement for wave 4 is considered to be around 38-50%.
I have taken 38.2 % which comes around 1856, level is marked with green line.
This is not a buy/sell recommendation. only for educational purpose.
Please read the chart's labels carefully.
Regards
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Nifty chart on weekly and daily has been uploaded to utube.
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adani enterprise may show you 440 in medium term....! Its looking in 4th wave down.
Be cautious on longs...!
Be cautious on longs...!
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Destiny is downwards for reliance!
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Retest of neckline of head & shoulder in reliance is being played. Max target upside 2294