bhusan steel looks bullish in med to long term
In monthly, it seems a complete elliott wave cycle is complete, and stock has bottomed out.
in weekly, we can see that, round bottom is forming and fresh impulse already started here.
round bottom pattern tgt
so with a sl - 54, 1st tgt - 95, 2nd tgt - 151, long term tgt - 500.
in weekly, we can see that, round bottom is forming and fresh impulse already started here.
so with a sl - 54, 1st tgt - 95, 2nd tgt - 151, long term tgt - 500.
Commento:
looks like bhusan steel approaching for a double bottom.
Trade chiuso: stop raggiunto