Bombay Burmah: ElliottWave forecast

BBTC Daily chart


The stock is all set to soar near till 1800 levels as wave c of wave b or wave iii on the upside is pending. The preceding trend is a three wave structure which can be wave 4 or wave a. I have marked wave a but will be open for both the scenarios. Also 80% is minimum criteria where the stock can surge. 

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Comments

Phani Kumar said…
This Information is really good and informative. Thanks for it.
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VST Industries
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