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raj_rishav

BEL - Elliot Waves Correction On-Going

Short
BHARAT ELECTRONICS (NSE:BEL)  
raj_rishav Updated   
NSE:BEL   BHARAT ELECTRONICS
Trend Analysis Wave Analysis BEL Fibonacci Retracement
2
0
trendanalysis waveanalysis bel fibonacciretracement
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!
Comment:
will tomorrow be the day?

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