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#RELIANCE - look for a downmove to 2100 to complete ZIGZAG

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RELIANCE INDS FUTURES (NSE:RELIANCE1!)  
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NSE:RELIANCE1!   RELIANCE INDS FUTURES
Chart Patterns Wave Analysis RELIANCE relianceindustries NIFTY
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chartpattern waveanalysis reliance relianceindustries nifty
Reliance Inds' move post the top is taking the shape of a zigzag with Wave A and B complete. We should now see Wave C head down in 5 waves to the center of the large triangle it formed in Aug. 2100 is a area it can find support.

That should then turnout to be a great bullish setup, we'll discuss that later as we see price action around that leve.
Michael @ SolomonsView

Twitter - @SolomonsView

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