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22 Jan 202107:15 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.

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