BOSCH LTD
Short
Updated

BOSCHLTD - In corrective mode for 30K levels?

Looks like the corrective pattern C LEG is playing out within the channel.

Wave counts and the subwaves counts are marked in the chart in hourly TF

200 HEMA will act as a resistance and also best zone to enter in to shorts (for a good RR set up)

I am not a SEBI registered Analyst. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions. Please consider my views only to get a different perspective (FOR or AGAINST your views). Please don't trade FNO based on my views.
Trade active
from 34500 to 28500 solid 20% downmove.. at 27K buying could emerge.. no point in staying short.. book profits and exit
Trade closed: target reached
Will look at buying opportunities around 27K

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