Bharat forge has completed 5 waves as a leading triangle and completed wave 1/A (near 790).
Then it is correcting in a-b-c form. Currently it seems to be in the final leg of the correction in wave 'c'. This may complete near 700 range. This view gets negated if the price goes below 680. This can be kept as stop loss if long is initiated.
Bharat forge hourly chart:
Then it is correcting in a-b-c form. Currently it seems to be in the final leg of the correction in wave 'c'. This may complete near 700 range. This view gets negated if the price goes below 680. This can be kept as stop loss if long is initiated.
Bharat forge hourly chart:
No comments:
Post a Comment