EW analysis of Federal Bank in longer time frame.

14 Eyl 2017

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.

long term tgts derived from fib projections are here,

19 Eyl 2017

İşlem aktif

fed bank looks quite bullish in daily, BB is expanding and price is riding upper BB.

20 Eyl 2017

İşlem aktif

going good, till now 120.25

25 Eyl 2017

Not

price respecting the overhead resistance. in.tradingview.com/x/TUaA3ZwC/,

6 Eki 2017

Not

in daily, there is a probability for abcd pattern

6 Eki 2017

Not

price following abcd pattern , today its up by 3%.

28 Eki 2017

İşlem aktif

follow up chart on ABCD pattern

28 Eki 2017

Not

breakout with good volume, from horizontal resistance, now retesting the breakout level.

9 Ara 2017

Not

cmp - 109, currently it is in horizontal channel support, bounce back likely to happen.

16 Ara 2017

İşlem aktif

looks like flat correction is over, and regular bullish divergence formed at horizontal support