RELIANCE — The MONSTER WAVE 3 Isn’t Over Yet!

📈 Summary:

Reliance isn’t done yet — the structure shows a powerful Wave 3 still unfolding with institutional strength behind it.
Expect a controlled Wave 4 retracement (₹800–₹500) before the next super rally — Wave 5 toward ₹10,000 (3.618%).

📈 Elliott Wave count + SMC + Fundamentals all scream continuation!
Smart money is accumulating, not distributing — this is the calm before the storm.

🔥 Wave 3 builds wealth. Wave 5 creates history.

📊 Elliott Wave Confluence:

• The stock remains within Wave 3, unfolding with strong impulsive momentum and clean internal sub-waves.
  
• Wave 3 is expected to mature around the 2.618 extension (~₹2,875), but structure still supports further upside before exhaustion.
  
• A Wave 4 correction will likely retrace toward the 0.382–0.5 Fib zone (₹800–₹500), forming a deep yet healthy reset.
  
• The grand finale — Wave 5 — targets the 3.618 Fibonacci extension (~₹10,000), aligning with long-term macro growth and structural expansion. 🚀
  

💰 Smart Money Concept (SMC) Insight:

• Institutional order flow remains bullishly displaced — no evidence of full distribution yet.
  
• Expect Wave 4 to be the “smart money re-entry zone,” with liquidity sweeps and accumulation before the final push.
  
• Wave 5 could trigger the euphoric phase where late retail chases and institutions start scaling out at premium valuations. 🧠💵
  

📈 Price Action Perspective:

• Trend remains structurally bullish — higher highs and higher lows dominate.
  
• A break above ₹1,600–₹1,700 confirms Wave 3 continuation.
  
• Once the market consolidates into Wave 4, watch for equal lows, demand absorption, and BOS confirmations to catch early Wave 5 entries.
  
• Wave 5 is expected to be sharp, emotional, and momentum-driven — classic of late-cycle impulsive waves. ⚙️📊
  

🌍 Fundamental Confluence:

• Reliance’s expansion across energy, telecom, AI, green tech, and retail supports this wave count perfectly.
  
• The next decade’s growth catalysts — digital ecosystem scale-up, Jio financial inclusion, and renewables — align with Wave 5’s “valuation explosion” narrative.
  
• Fundamentals mirror Elliott psychology: Wave 3 = justified growth, Wave 4 = consolidation, Wave 5 = euphoria-driven expansion. 💹🌏
  

🔮 Expectations Ahead:

📍 Wave 3 Target: ₹2,800–₹3,000 range (2.618 fib).
⚠️ Wave 4 Retracement: ₹800–₹500 (accumulation & re-entry zone).
🚀 Wave 5 Target: ₹10,000 (3.618 extension — the ultimate cycle peak).

💎 Final Thought:

Reliance is still in the driver’s seat of its Wave 3.
Wave 4 will give patient bulls one final golden entry before Wave 5 — the ₹10,000 super cycle — rewrites market history.

Traders & Analysts

"This might be the mega move of the decade — and it’s happening right in front of us. 🔥
Reliance (RELIANCEIND) is still charging through a powerful Wave 3, and there’s plenty of air above before any major correction even begins. 🚀

Our Elliott Wave models show Wave 3 has not peaked yet — momentum, structure, and institutional flow all confirm that the current rally could still extend toward the ₹2,800–₹3,000 zone before any Wave 4 cooldown.

But here’s the big picture: after Wave 4’s healthy reset, the final Wave 5 explosion could drive prices to a massive ₹10,000 target (3.618 extension) — a potential super-cycle top years in the making. 💎

📈 Smart money isn’t exiting — it’s riding Wave 3 and preparing for the ultimate Wave 5 payoff.
Timing this phase could define your decade in trading. ⚡

So, traders — how far do you think Wave 3 can run before the big reset?
Drop your targets below 👇 and let’s see who rides this wave all the way to ₹10,000! 💰🌊”

— Team FIBCOS

#Reliance #ElliottWave #NSE #SmartMoney #PriceAction #WaveTheory #TechnicalAnalysis #TradingView #Investing #StockMarketIndia #RelianceIndustries #SwingTrading #LongTermInvesting #Wave3 #Wave5 #BullishIndia #ChartAnalysis #WealthBuilding #MarketStructure #Fibonacci #Wave4Accumulation