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WaveTalks
Dec 4, 2016 6:44 AM

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

Description

There is a buy setup going above 40 & look out for possible resistance from the falling trendline.
Comments
extremelyrandomguy
Hello Abhishek, can you share your views on Dena Bank from current levels for next few months.
bbhalaji
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.
WaveTalks
@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.
bbhalaji
@AbhishekHSinghCMT, ok thanks.
muralipochem
Sir, if possible can you please provide your view on Bajaj finance.

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