RELIANCE INDUSTRIES LTD
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Reliance Industries target 2385

64
Wave 2 retrenchment was exactly at 50%
Wave 3 had a large upside extension to 2.618.
Wave 4 is under complex correction currently as it seems
If above holds true, it is likely to resume upswing soon in Wave 5 with upside at 1.618 level of Rs . 2385.

Investors should continue to hold.

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