BHEL-Correction wave completed
1.As per Elliot wave,correction wave ABC has been completed.Can initiate buy at current level i.e.29.5
2.Sub wave 1 of wave 3 started & taken support near 61.8% retracement of main wave 1.
3.Target for this wave 3 will be minimum 52 level.(Target 1-32,Target 2-45,Target 3-52)
4.Keep SL below previous wave level i.e 26.0
5.Time horizon for this target will be around 10 months.(almost 100% profit)
DISCLAIMER : Invested small position size! Do your own analysis before buying
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