RELIANCE - BIG SHORT

Failed to sustain above all time highs. Stock is suggesting a corrective wave sequence of ABC which will give a target around A=C that is the recent lows again. Sell on any rise & hold. Invalidation would be only if it holds above all time highs on weekly time frame.
Elliott WaverelianceindustriesTrend Analysis

Manish Bhardwaj (CMT L-1)
Analyst & Co-Founder
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