RELIANCE INDS FUTURES
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#Reliance - possible pause to the downfall

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Reliance may have completed an a-b-c correction or W of W-X-Y, we can now look for a upmove, if it is in 5 waves, the trend may be resuming upwards, else we are possibly headed down once more after that to the 50% correction range before a the larger trend resumes.
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Good reversal, looks impulsive for now. Can hold positions

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