BHEL

After 3 series of 1-2-1-2-1-2, it is possible that the pattern results in a leading diagonal. For that, a dip to 38.24 or a little lower just below the lower trendline of the pattern would be ideal. Then the entire pattern would be wave 1 as a leading diagonal and the dip wave 2. Wave 3 of larger degree up would then follow later.