BPCL: Is this the Beginning of New Impulse (Long term Strategy)

what we see here is on monthly chart stock has completed ABC correction and the new impulse in the direction of the previous impulse wave has started. As of today , the stock is making internal wave 4 of wave one of the new impulse.

Short term investors can go long after completion on internal wave 4 of new impulse on daily time frame
Long term investors can go long after the completion of wave 2 of new impulse.

This is for educational purpose only. Please trade at your own risk.

Please feel free to comment.