RELIANCE Gann Harmonic Analysis

STOCK MARKETS 1 Minute

The Positioning of RELIANCE on Harmonic Price scale is loosing its Strength

After retesting the All time highs of 1620. Stock Price has corrected significantly from the recent Highs and now it stands near a major Harmonic support of 1370 breaking this Price level could push the stock prices down to 1260 levels on spot

Another Gann aspect to consider is formation of a double top which is not so encouraging pattern for Investors though it’s not conformed it. To eliminate this possiblity it has to get above level of 1630 on spot within next Quarter

Disclaimer views expressed in this Article are based on my Research on Gann Theory and the Natural Laws. Do understand the risk involved in Trading before taking any trades.

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Published by SAAHIL BELIM

MY NAME is SAAHIL and I have been actively trading in EQUITY MARKETS from 2014. I have been using Gann theory in my TRADING JOURNEY since 2016. my approach to Gann THEORY is totally different than what you may have seen or heard in various YOUTUBE VIDEOS. I have developed multiple MATHEMATICAL MODELS which are based on METHODS described by sir gann in his courses. I never had used any kind of CHARTS to identify the TREND. hens I never share CHARTS to illustrate my view. I like to keep things SHORT and to the POINt!

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