Go long above 300/-
For more conformation go long above 310/-
Mentioned resistance are the targets as per FIB.
If starts retracing then it can go down till 10,800
Going Up in a channel...
Also gave breakout above the symmetrical triangle..
EWT occurring, currently heading for completion of wave 3.
Seems like Elliot Wave is forming.
One can start pyramiding from current levels, and buy aggressively when it breaks the swing high of 39/-
Keeping initial SL of 38.5/- & further start trailing it as the resistance becomes support.
Finally given breakout on 4th time.
TGT's mentioned on the chart as per the FIB RETRACEMENTS
SL is when it again comes to its channel.
Simple Price action.
Lvls mentioned on chart.
After 3 point testing the pattern becomes weak every-time.
Wait for the pattern breakout till then trade on the upside.
Entered at sell mode as it broke its support trend line.
Long for the mentioned TGT.
Currently doing correction at the Support Zone.
(1) Elliot Wave Analysis
(2) Demand & Supply
Expecting a fall/correction till the mentioned lvl.
If the elliot wave formed at chart is somehow valid than BNF may again fall till 19k level.
Trend Line brealout.
expecting TGT upto 150/-
Wave 5 still yet to form.
Expected TGT of 940/-
EWT: wave 5 is half completed, still room to make a long till 50.
Also clear trend-line breakout.
Formation of both the wave 5 has started.
Long till 1980 & 2000
I'm expecting within 2 months TGT may hit.
Parallel Channel .
My projection is mentioned on the chart.
If breaks the channel change in trend will occure.
EWT wave 5 started.
TGT-1 of 470
TGT-1 of 370
SL of 640
positional trade for at least 2 months.