BSE Ltd – Completion of a 5-Wave ImpulseBSE LTDNSE:BSEVeerappaKaujageriBSE Ltd appears to have completed a five-wave impulsive advance following a prior flat correction. Wave 5 has reached the 1.618 Fibonacci extension of Wave 1 and touched the upper boundary of a well-defined ascending channel — suggesting a potential short-term top. If a correction unfolds from here, it may take the form of a zigzag or a flat. Key Fibonacci retracement levels to watch: Target 1: 2,159 – 0.382 retracement Target 2: 1,981 – 0.5 retracement Target 3: 1,803 – 0.618 retracement The invalidation level for this setup is around 2,736.20. A sustained move above this would indicate that the uptrend may still be in progress. Price action in the coming sessions will be key to confirming the next direction. 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.