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ParamjitMahapatro

EW analysis of DCB Bank in longer time frame

DCB BANK LTD (NSE:DCBBANK)  
ParamjitMahapatro Updated   
NSE:DCBBANK   DCB BANK LTD
Elliott Wave Trend Analysis elliottwaveprojection extendedthird Bullish Patterns uptrend
5
0
elliottwaves trendanalysis elliottwaveprojection extendedthird bullish uptrend
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.
snapshot

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