Reliance short to medium term play

As per this count, currently the price seems to be in wave (v) of circled black wave iii.
Appears to be a clear Elliott Wave pattern with invalidation level sitting at wave i high.
1.618 extension of circled black wave i at 3259.60 could be used as a potential target
WIll update the chart as price develops further.

Thanks for reading!

Kommentera:

Details on chart.
Shall update on further development.
Thanks for reading.