Long

#BFUTILITIES - Bullish setup #HARMONICS #Elliottwave #FIBO

BF Utilities 1W: Though competition is not easy as giants Adani group companies, TaTa Power, NTPC & Power Grid are dominant in this sector, just imagine BF manages to increase their share by 1-2% points. Not sure whether it will be able to do but on charts it is looking very promising as all 4--> Rounding pattern, ABCD, Wave 5 and FIBO indicting only 1 Target i.e. 600 before mid of 2023... R:R is absouletly in favour i.e. 1:9. Keep eyes.

MakarandK

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