RELIANCE Towards WAVE - 5 Targeting @ 1570+
RELIANCE: @ 1337.3
Why to LONG:
#1. WAVE - 4 Nearer to an END Above Upper Band of ICHIMOKU Cloud.
#2. Retraced from 0.38 Fib level (LONG WAVE - 3)
#3. Bouncing from Bolinger Band Lower band, After testing 6 consecutive day.
#4. MA: Made a High above 20SMA & 50SMA from Below & closed Nearer that.
#5. RSI: 49.96 after made a LOW 37.81 3 days back,Also all Lead Indicators turns in favour of Bulls.
& many more.....
TGT: @ 1378, @ 1412, @ 1434......
More on Charts.
More Accumulating levels @ 1308- @ 1326.....
RELIANCE: @ 1337.3
Why to LONG:
#1. WAVE - 4 Nearer to an END Above Upper Band of ICHIMOKU Cloud.
#2. Retraced from 0.38 Fib level (LONG WAVE - 3)
#3. Bouncing from Bolinger Band Lower band, After testing 6 consecutive day.
#4. MA: Made a High above 20SMA & 50SMA from Below & closed Nearer that.
#5. RSI: 49.96 after made a LOW 37.81 3 days back,Also all Lead Indicators turns in favour of Bulls.
& many more.....
TGT: @ 1378, @ 1412, @ 1434......
More on Charts.
More Accumulating levels @ 1308- @ 1326.....