The largest company in India by market cap has been in a corrective selling mode for the past three and half months.
The corrective pattern appears to be an Elliot wave ABC correction.
The stock also seems to be taking support from the low of previous 4th wave(typical price behavior according to Elliot wave theory). So then is it really time for Reliance to climb up towards the 3K mark?
Note*- This post is for educational purpose only.
The corrective pattern appears to be an Elliot wave ABC correction.
The stock also seems to be taking support from the low of previous 4th wave(typical price behavior according to Elliot wave theory). So then is it really time for Reliance to climb up towards the 3K mark?
Note*- This post is for educational purpose only.
노트
use 2245 as trailed sl노트
broke out of falling wedge...attempting to now move above the previous minor wave iv and then to crucial 2500 level노트
sl trailed to 2313
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해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.