BHARATFORE : Finishing with correction?

🚀 BHARAT FORGE: Wave C Completion at ₹1237–1228? | Bullish Reversal Setup!

“Wave C completions often spark violent reversals. With CHoCH backing and clean ABC symmetry, this is a swing trader’s dream – but confirmation is NON-NEGOTIABLE.”

🧩 Elliott Wave Structure

• [] Bullish trend reversal confirmed by prior CHoCH (March 2025)
  [] Ongoing ABC Correction[] Wave A & B complete
  [] Wave C nearing termination at ₹1237–1228 (1:1 Wave A projection)
  

📌 Confluence Zone Alert!

• [] Ideal Reversal Zone: ₹1237–1228
  [] ✅ Wave C = Wave A symmetry
  [] ✅ CHoCH support retest (bullish structure intact)
  [] ✅ High R:R potential
  

🎯 Projected Targets

• [] ST Target: ₹1374–1385 (Break of Wave B high)
  [] MT Target: ₹1523–1595 (Impulse continuation)
  

🛑 Risk Controls

• [] Invalidation: Daily close below ₹1221
  [] Entry Trigger: Bullish reversal candle (hammer/engulfing) in ₹1237–1228 zone
  

📊 Trade Plan Summary

Direction Entry Zone Stop-Loss Targets
Long ₹1237–1228 Close < ₹1221 ₹1375 → ₹1525+

📌 Key Rules

• [] No early entries! Wait for bullish price action in the zone
  [] Take partial profits at ₹1375 (50–70% of position)
  
• Trail SL above entry after breakout
  

📅 Data: 09-Jul-2025 | Timeframe: Daily

Patience beats panic. Let price confirm – then ride the wave! 🌊

#BharatForge #ElliottWave #SwingTrading #TechnicalAnalysis #PriceAction #CHoCH