ParamjitMahapatro

EW analysis of DCB Bank in longer time frame

NSE:DCBBANK   DCB BANK LTD
EW analysis shows that sub wave 5 of sub wave (3) of wave is going on here.

probable tgt of wave 5 is 245 - 255.
long term tgts can be 290 then 370.
Trade active: in daily, uptrend is established and BB is directing upward,
Trade active: going good, till now 197
Comment: in short term it is trapped in descending channel
Comment: there is a probability for abcd pattern in daily,

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