做空

BSE Ltd – Corrective W–X–Y In Progress

The previous impulsive wave topped at ₹3030, marking an all-time high.

Since then, the structure has unfolded as a W–X–Y corrective double three. The market is now progressing within Wave Y, with Wave (a) already driving price down to ₹2090.

For Wave (b), watch for price rejection either at the midline of the channel or the upper boundary. A rejection from these levels should lead Wave (c) lower, targeting the 0.5–0.618 retracement zone between ₹2128 and ₹1915, where Wave Y may complete.

RSI is oversold and continues to print lower lows, showing no bullish divergence yet — momentum still favors the bears.

Bearish invalidation sits at ₹2550 — any sustained move above this would negate the immediate bearish view.

Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. Please do your own research (DYOR) before making any trading decisions.