Hi
We keep a watch on Nifty but we just don’t share our views as we don’t trade in Nifty as we don’t want encourage the same .
Our approach is to focus on indvidual stocks – keep studying the findamantals and jump in whenever the right set-up and right valuations are there.
On Reliance, we have mixed views – either we’re near to the end of the correction
Wheneve the Z ends and it should happen soon as we’re getting near oversold zone.
On the other hand if we keep extending this fall, next stop can be near 2150 .
Disclaimer :This post is just a for learning few methods of price-patterns. Views are personal and are purely based on our limited knowledge of charts. No buy/sell recommendations. These are probability study methods and chances of success/failure depend upon various factors
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