MalayKJ

Reliance - Day end analysis 2023.05.22

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MalayKJ 已更新   
NSE:RELIANCE   RELIANCE INDS
RELIANCE

- Currently into corrective wave a
- Wave a subdivided into 5 impulse waves i,ii,iii,iv,v (light blue color)
- Wave iii extended 1.618 times wave i
- Wave iv retraced 38.2% of wave iii
- Wave iv did not close inside wave i territory (EW cardinal rule satisfied)
- Wave v target is 100% length of wave i (@2413), which should also mark completion of wave a

Set-up:
- Short at CMP 2455
- SL daily close above 2470
- Target 2413
交易結束:目標達成:
Target achieved. Trade closed.

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