ELLIOTT WAVE WEEKLY CHART OF FEDERAL BANK - BUY AT 75

2018년 6월 6일

This is the big picture

wave iii has concluded , since wave ii was shallow wave iv may go deep

50 % retracement stands @ 75 , Hence buy when Federal bank reaches 75 levels (stop loss should be 50)

Target for wave v should be much higher (above 130)

but this trade may take some more time to materialise

2018년 6월 6일

노트

a small correction in the placement of wave 1

2018년 6월 6일

노트

i am not sure of wave 1 placement , that is the reason i gave an alternative placement

if given a choice , i will prefer the 1st placement of wave i