Niftydirection

Bharat Electronics BEL in Fourth Elliott wave

Short
NSE:BEL   BHARAT ELECTRONICS
BEL broken out of contracting triangle and moved like a rocket. Currently in 4th Elliott wave which is corrective in nature. All bonce towards 99 short opportunity with SL 100.2 target 96.4, 95.3, 91.7, 90.90

Disclaimer: All levels pointed on chart are forecast based on mathematical Calculations or chart based technical analysis which may or may not true. This analysis may not be suitable for all investors consult with your financial advisors before investing.
Trade active: From 99.85 to 96.4 target 1 achieved

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