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IbankerSid
Aug 9, 2020 11:19 AM

BEL - Update on previous Impulse set. Corrections started Short

BHARAT ELECTRONICSNSE

Description

Wave C in building mode for BEL. Seeing a target of 88.5 on the short from here. The chart is self explanatory. Wave 5 in previous did not climb all the way up as the volume dried out of the stock but it hit my first targets.

Now its time to look for the short.

#Disclaimer: For educational purposes only. Consult your financial advisor before any trades. Stop loss is essential in all cases

Comment

Short is only below 94. With the defense news that has come in today..94 levels will take some time to come
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