T_Harth

Canara Bank SHORT

Short
NSE:CANBK   CANARA BANK
Elliot Wave Count:

Fall from Feb 2022 highs is in 3 Wave as ABC which is (W)
Rise is an (X) Wave with Lot of Overlapping, Falling Volumes and a Bearish RSI Divergence
Now Wave (Y) on the Downside is playing out

Downside Targets:
T1= 195
T2= 180
T3= 155

Stop Loss above 241

Siddharth Bhansali

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