RELIANCE

How's the Josh Traders??

Here is a catch, Reliance industries is showing a bullish stance many TV analysist are Bullish on reliance, Everyone is Saying that Nifty has made its bottom and new highs coming soon.

BUT WAIT !! HOLD ON.....

Market has its Own structure and Travels along with its Waves (Elliot Waves),
I have a Bold Judgement in Reliance beacuse Wave C is Still pending (WAVE ABC ARE CORRECTIVE WAVES IN ELLIOT WAVE THEORY)

So Short Reliance Ind @1310-1330
Stoploss @ 1350
Target @ 1150

NOTE : This is for Educational Purpose please take trade according to your financial Advisor.

HAVE A GOOD DAY TRADERS.