Reliance - Swing Trade (Target - 2500)

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#Study Material

Just an "Introduction of the Elliot wave theory". Keep this as a study material.

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ملاحظة

Wave 4 has been aligned to Rs.2406. Which is a bit higher than the wave 1. Until and unless the wave 4 enters wave 1, the drawn elliot wave is good to hold. The early morning start will decide it. If it bounces back, target can be set at 2500/2600

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تم إغلاق الصفقة يدويًا

Didn't went according to the theory. Entered the territory of wave 1, which is not supposed to happen for Elliot theory.