# Reliance Industries (RELIANCE) — Elliott Wave count, Nov 6, 2026

Reliance Industries (RELIANCE) Elliott Wave count at the Nov 6, 2026 close (price 1,320): the called count is cycle I complete, cycle II down, primary B up. It is invalid above 1,611.8. On the daily chart, intermediate (A) of primary B up from ₹1,152.50 (2026-10-30), in progress, in minor 5 (invalid below 1,152.5).

Source: https://elliottwaveatlas.com/markets/reliance · Data: https://elliottwaveatlas.com/data/markets/reliance.json

## Called count
Cycle I complete at ₹1,611.80 (2026-01). Invalid above 1,611.8.

## Levels by timeframe
| Timeframe | Degree | Wave | Target | Invalidation | Time window |
|---|---|---|---|---|---|
| Monthly | Cycle ↓ | cycle II down from ₹1,611.80 (2026-01), in progress | 413.91–570.48 | 1,611.8 | — |
| Weekly | Primary ↑ | primary B of cycle II up from ₹1,152.50 (2026-10-30), in progress | 1,362.94–1,417.96 | 1,152.5 | — |
| Daily | Intermediate ↑ | intermediate (A) of primary B up from ₹1,152.50 (2026-10-30), in progress, in minor 5 | — | 1,152.5 | — |
| Hourly | Minor ↑ | minor 5 of intermediate (A) up from ₹1,295.60 (2026-11-06 09:15 IST), in progress | 1,359.38–1,366.46 | 1,295.6 | 2026-11-06 → 2026-11-11 |
| 15-minute | Minute ↑ | minute 3 of minor 5 up from ₹1,307.80 (2026-11-06 13:00 IST), in progress | 1,326.37–1,337.98 | 1,307.8 | 2026-11-06 → 2026-11-06 |


## Recent changes to the call
- 2026-10-16: new — cycle I complete, cycle II down

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