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TRADING_DUNIYA
Aug 20, 2020 5:48 AM

bpcl Long

BHARAT PETROL CORPNSE

Description

wave 2 has a retracement of 78.6%. the 3 wave is not extensive but normal which has a retracement level of 161.8%. the retracement of wave 4 is 38.2% still the price spends more time on wave 4.
if you want to grab the profit, you need to ride on the wave 5 which has a retracement level of 61.8%.
there are high chances of wave 5 to be extended.
target 525

Trade active

Trade closed: stop reached

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