TradingSutra 의 NSE:BEL 용 BHARAT ELECTRONICS : Reversal

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It seems a five waves impulsive wave has been concluded in the zone of 260. One should avoid fresh buy positions at these levels as there is fair possibility that stock will move in downward direction in three waves to complete the correction of the entire rise.

Manish Bhardwaj (CMT L-1)
Analyst & Co-Founder
www.tradingsutra.com
www.waveutra.com

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