Hi friends,
Reliance industries has been rising for sometime laborious move ,It fits well for the following wavecount we should start to see the weakness in it .
952 the previous high remains stiff resistance it reliance remains below that can go into a severe correction and go towards 750 .
Ideal trade would be short it near 940-950 or short bellow 870 stop loss 2% target 750 in about months time.
Reliance industries has been rising for sometime laborious move ,It fits well for the following wavecount we should start to see the weakness in it .
952 the previous high remains stiff resistance it reliance remains below that can go into a severe correction and go towards 750 .
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