Tuesday, August 25, 2009

Brearish Wolfe Wave in Reliance - 25 Aug 09

Update at 2:30 PM:
Stoploss triggered badly.

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Update at 2:27 PM :
Stop loss for reliance is at 2003.

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Reliance Intraday chart:

reliance formed a bearish wolfe wave, take trade with small quantity. Symmetry is not that good.

2 comments:

Sujatha on August 25, 2009 at 2:33 PM said...

What is the bearish wolf wave target for reliance

Kindly clarify.. thanks in advance

regards

Doji (Blog Author) on August 25, 2009 at 10:51 PM said...

Hi sujatha,

Target was at 1982, it missed the target with Rs.5

-Doji

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