BSE is one of the oldest stock exchanges in the world is surely a value pick at current levels. Elliott wave is a simple yet powerful technique to form a good trading setup!
It is important to understand this concept properly before trading or investing. If applied prudently with proper understanding it is very much possible to take investment or trading decisions right from the smallest time frame for Intraday trading to long-term charts for investment decisions.
BSE is trading at the fresh record high. Stock is moving up by following classic Elliott wave theory. Currently Primary wave 5 is ongoing on the upside. As per guidelines wave 5 target is equal to wave 1.
So, Investors can continue to Accumulate at current levels and on dips for a move towards 10/20k marks by 2026/2027
Also the intrinsic value of investments along with its future plans makes it an exciting stock.
Considering the investments it has, the core business is available at a cheap price
suggesting the current market cap is less than the investments/cash it has in the books.
Note
3000+ ride ur winners
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.