Reliance - (Wave Analysis) Cracks 4% - What A Top at 2120!!!
Last Price- 1970
Hope you enjoyed the selling at the tops of 2100
Channel Support at 1950's could support the stock & If drops below 1920-1950 that will be next clue for the stock to do bigger damage.
Happy Trading!!!
Last Idea - Corrective 1st Leg Done at 2120
Trade ativo
14:08 Hrs / 25th Jan2021
Last @ 1943
Entered in danger zone 1920-1950 so careful as suggested in the main update
Trade ativo
19:07 Hrs / 25th Jan2021
Last @ 1941
Assuming, in the session for 27th Jan2021 - stock holds in 1920-1950 zone then it can push upside or retest 2000 & 2100 back again which has to be managed with proper risk
Trade ativo
10:51 Hrs / 26th Jan2021
Last @ 1941
Kindly do not get emotional with the stock. Price if fails to hold 1920-1950 zone - damage could be really big- Just reminding once again
If drops below 1920 - 1835 & lower targets of 1700 is very much possible
Trade ativo
09:51 Hrs / 27th Jan2021
Last @ 1903
Any selling next should be taken only below ---------1890 else 1890-1900 is also can as support & upside bounce can be seen
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