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Reliance elliottwave analysis

Triangles galore ,We witnessing a triangle in Nifty too.
Nifty elliottwave

Reliance has been consolidating for quite some time and 
range is getting contracted lets see the chart.


The chart is well labled ,Above 1130 -35 expect good rally in the stock ,Explosive move ahead 
as range is quite sequeezed .This being the super heavy weight no wonder even nifty is apeing the
pattern.


This post first appeared on Rish Trader, please read the originial post: here

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Reliance elliottwave analysis

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