AbhishekHSinghCMT
Long

Dena Bank- Buy Setup Above 40-Resistance From Falling Trendline

NSE:DENABANK   DENA BANK INR10
177 6 6
There is a buy setup going above 40 & look out for possible resistance from the falling trendline .
Best Regards,
Abhishek H. Singh, CMT
India Regional Manager
http://in.tradingview.com
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Hello Abhishek, can you share your views on Dena Bank from current levels for next few months.
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Hi Abhishek, I have learnt from some blogs that all the wave count fails if a stock reaches its lifetime low, i.e you always start a fresh count from its life time low.. Do you have any opinions.
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@bbhalaji, yes-it's a fresh count, but a prior move is linked to know where it could move in the future on larger degree.So, larger picture should be kept in mind.
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bbhalaji AbhishekHSinghCMT
@AbhishekHSinghCMT, ok thanks.
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Sir, if possible can you please provide your view on Bajaj finance.

Thanks
Reply
@muralipochem, I have posted Bajaj Finance. Regards
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