Buy reliance.

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weekly chart of the relaince .
after five wave up move where wave 5 is an ending diogonal and truncated
it has corrected forming A,B,and C.
wave 2 has retraced 61.8 percent of wave 1.
Now the 3 rd wave has commenced which will be confirmed when it takes out the high
of wave 1.
so it is a nice opportunity to buy reliance at the moment.
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Hourly chart will be updated.
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wave 5 is ending diogonal,follwed by zigzag corection,not ABC as shown in the main
chart.
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please ignore other part after zigzag correction,that is not properly managed.
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it seems correction in reliance is over.
Chart PatternsTechnical IndicatorsTrend Analysis

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