PNB housing finance-waiting for the third breakout .
PNB housing finance is forming descending triangle patterns multiple times.
Elliot impulse wave is still pending which shows confirmation of the 3rd breakout.
we are now waiting for the third descending triangle breakout.
it will also make 1 more triangle after the breakout and will consolidate in that as shown in the chart.
it may show negative moves after that triangle as the correction wave is pending.
Regards,
@Aniketyourtechnicalanalyser.
Elliot impulse wave is still pending which shows confirmation of the 3rd breakout.
we are now waiting for the third descending triangle breakout.
it will also make 1 more triangle after the breakout and will consolidate in that as shown in the chart.
it may show negative moves after that triangle as the correction wave is pending.
Regards,
@Aniketyourtechnicalanalyser.
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