Tuesday, November 19, 2013

>BPCL long term wave counts

Hi friends,
                  Let us see how elliottwave helps in constructing a trade set up and how on each time frame we can apply it.
Bpcl on long term charts look to be in C of big ABC
Now looking at the structure of C it looks to be making a ending diagonal with e leg running
ie last abc is on a is over b running after which c rally can start towards 450
look for a nice long trade in this script around 300-310 for a handsome gain of 20-30%.

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