EW analysis of Federal Bank in longer time frame.

מעודכן
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. תמונת-בזק

long term tgts derived from fib projections are here, תמונת-בזק

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

תמונת-בזק
elliottwaveprojectionElliott WaveextendedthirdimpulsewaveTrend Analysis

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