#RELIANCE - look for a downmove to 2100 to complete ZIGZAG

Reliance Inds' move post the top is taking the shape of a zigzag with Wave A and B complete. We should now see Wave C head down in 5 waves to the center of the large triangle it formed in Aug. 2100 is a area it can find support.

That should then turnout to be a great bullish setup, we'll discuss that later as we see price action around that leve.
Chart PatternsNIFTYRELIANCErelianceindustriesWave Analysis

Michael @ SolomonsView

Twitter - @SolomonsView
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