RELIANCE seems the counter move has unfolded. Now price is lining up to join the TIME on downside. The upmove was very sharp; so downmove also shall be sharp. Because every action have Equal and Opposite Reaction. On Price front 2550 is a Triangle support which would be broken in Coming days. Structure is sell on rise here. On downside 2485 and 2410 could be tested positionally. Still maintain swing Targets of sub 2100 here in coming weeks. Rallies if comes would be short lifted so eventually would fizzle out. Results still due here so for now better to trade with thin volumes.
RELIANCE Updated View
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! View all posts by SAAHIL BELIM
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