2nd Dec
Wave count on Weekly chart.
24th Aug
RELCAP seems making final swing up to be followed by a move near 500 which is also the wave IV of previous large impulse.
Here is wave count in daily chart.
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RELIANCE CAPITAL has just completed its 1st leg of move and is now likely to correct. Correction is not likely to be to full fib level but just a name sake one.
This stock has made multiple sub wave count generally associated with large up moves and high targets. Here is my view for little over medium term. It should turn out to be a doubler.
Wave count on Weekly chart.
24th Aug
RELCAP seems making final swing up to be followed by a move near 500 which is also the wave IV of previous large impulse.
Hourly chart
Here is wave count in daily chart.
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RELIANCE CAPITAL has just completed its 1st leg of move and is now likely to correct. Correction is not likely to be to full fib level but just a name sake one.
This stock has made multiple sub wave count generally associated with large up moves and high targets. Here is my view for little over medium term. It should turn out to be a doubler.
Monthly chart
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