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BHARAT ELECTRONICS : Reversal

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BHARAT ELECTRONICS (NSE:BEL)  
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NSE:BEL   BHARAT ELECTRONICS
Trend Analysis Elliott Wave stockmarketanalysis BEL tradingsignals stockstowatch stockmarketindia Technical Analysis elliottwaveretracement
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trendanalysis elliottwaves stockmarketanalysis bel tradingsignals stockstowatch stockmarketindia technicalanalysis elliottwaveretracement
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
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