Few days back I posted my Analysis on RELIANCE INDUSTRIES. At that time I said that RELIANCE is loosing its momentum on upside and it would turn Bearish below 1370 on Spot according to Harmonic Law. After that Prices corrected from Highs and RELIANCE made the Low of 1393 on spot but failed to break 1370 and it again started the Journey on upside. Today it is back above 1600 and is now placed at an Intresting Harmonic Angle
Now watch out for the level of 1630 on spot major Harmonic Breakout would happen above 1630 which would clear a path upto 1740 and 1865 on spot Positionally. RELIANCE has covered the Entire fall which we saw since Jan 2020 so it has to be considered as a Long Term Invesment as well. Those who follow me regularly knows that I added it in the fall of February and March 2020 obviously for very Long Term
Kindly note the mentioned levels. Do not mixup the Harmonic Levels in short term Trading. The Gann Harmonic Theory is only for Major Swing Traders for Daily and Weekly Traders Gann made several other theories which could be observed with my other provided Trades
DISCLAIMER Views and Analysis Published in this Article is my Personal Opinion. Which is Based on My Extensive Research on Gann Theory,Harmonic Theory and Law of Vibration which exists in Nature as well as in Financial Markets.. My Aim is to Provide the Projected Path for Mentioned Stocks and Indices. Any Trading Positions created on my Analysis has to be on Your own risk. You must Understand the entire Trading Concept before you enter any Trade. Trading in Financial Market is Subject to Market Risk must consult your Financial Advisor before taking any Trades. For any Quaries E Mail me at sahilbelim9152@gmail.com
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