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BHEL

19 Jan 202101:06 PM

BHEL pulled back to the 20dma and took support near 37 and as long as we do not break the average we can presume that wave iii of 3 is starting. If 37 does not hold 61.8% retracement is at 35 for wave ii down. From the recent low iii=i is near 51. 

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