Reliance Elliottwave Count Short Term Update : CMP 911
Wave Count has been adjusted slightly from our previous post tho’ the overall message is same. Wait for correction to below 873 to buy.
This is a high probability trade setup.
Price is playing out a Flat correction in minor 4th wave. B wave (959) tested exactly the top of wave 3 (958), and price is expected to test 873 as well. There is also trendline support in this area of 860-870 so price is expected to resume its uptrend from that level.