Long term bullish on Bharat Forge

Bharat Forge             seems to have traced an extended zigzag and is right at the bottom. It's likely that an upmove starts soon (without making a new low). This up move should take it to newer highs.
Comment: I've posted the Elliott count I'm taking in Bharat Forge possible Elliott count (link below). A break and close below the current low could damage this possibility.
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