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BEL - Elliot Waves Correction On-Going
BHARAT ELECTRONICS LTD
Short
BEL - Elliot Waves Correction On-Going
By raj_rishav
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Updated
Jul 22, 2020
2
Jul 21, 2020
Elliot Impulsive waves fit the Fib levels perfectly as drawn on chart.
Corrective waves are not on.
Hypothesis 1 & Positional Idea:
Wave B is complete. So Short below 96.5 for 90.
Hypothesis 2 & Positional Idea:
Wave B is not complete. Go Long above 100 for 102.5
I tend to prefer Hypothesis 1!
Jul 22, 2020
Note
will tomorrow be the day?
BEL
Fibonacci Retracement
Trend Analysis
Wave Analysis
raj_rishav
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