Buy reliance.

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weekly chart of the relaince .
after five wave up move where wave 5 is an ending diogonal and truncated
it has corrected forming A,B,and C.
wave 2 has retraced 61.8 percent of wave 1.
Now the 3 rd wave has commenced which will be confirmed when it takes out the high
of wave 1.
so it is a nice opportunity to buy reliance at the moment.
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Hourly chart will be updated.
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Nota
istantanea
Nota
wave 5 is ending diogonal,follwed by zigzag corection,not ABC as shown in the main
chart.
Nota
please ignore other part after zigzag correction,that is not properly managed.
Nota
istantanea
Nota
it seems correction in reliance is over.
Chart PatternsTechnical IndicatorsTrend Analysis

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