Will reliance on impulsive wave

Reliance looks like forming impulsive wave.. under that 4th wave formation in progress.. we can expect 4th wave upto 50% retracement to 2515 level.. in downside if it's crosses below 2430 than wave counts gets invalidate.. in the upper side we can expect 5th wave upto 2745 level..


Disclimer: this analysis is only for educational purposes not recommending to buy or sell.