Reliance Elliottwave Count Short Term Update

Reliance Elliottwave Count Short Term Update

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.

Reliance Elliottwave Count Short Term Update

Reliance Elliottwave 2 day chart.

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.

Reliance Elliottwave Count Short Term Update

Reliance Elliottwave Count 4 Hour chart

 

 

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