EW analysis of Federal Bank in longer time frame.

تم تحديثه
EW analysis shows it is in wave [3] in longer time frame. Currently sub wave 5 of sub wave (3) of wave [3] is going on here.

probable target for sub wave 5 comes around 140-150 levels. لقطة

long term tgts derived from fib projections are here, لقطة

تم فتح الصفقة
fed bank looks quite bullish in daily, BB is expanding and price is riding upper BB. لقطة
تم فتح الصفقة
going good, till now 120.25
ملاحظة
price respecting the overhead resistance. in.tradingview.com/x/TUaA3ZwC/,
ملاحظة
in daily, there is a probability for abcd pattern لقطة
ملاحظة
price following abcd pattern , today its up by 3%.
تم فتح الصفقة
follow up chart on ABCD pattern لقطة
ملاحظة
breakout with good volume, from horizontal resistance, now retesting the breakout level. لقطة
ملاحظة
cmp - 109, currently it is in horizontal channel support, bounce back likely to happen.
لقطة
تم فتح الصفقة
looks like flat correction is over, and regular bullish divergence formed at horizontal support

لقطة
elliottwaveprojectionElliott WaveextendedthirdimpulsewaveTrend Analysis

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