22 Jan 2021 ● 07:15 AM
BSE Ltd remains very close to the inverted head and shoulders neckline that I wrote about, but the pattern remains intact and we may be in wave 3 that is now subdividing into 5 waves itself. Minor waves i and ii may be about to complete as prices have dipped back to the 40 DEMA. From the lower 597 iii=i would be at 840. The neckline of the H&S is at 622.