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Can Federal bank go below 67 ? An elliott wave perspective !

NSE:FEDERALBNK   FED BANK
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Federal bank recently gave an up-move from 67 to 97 (more than 45 % up move in a short duration of 3 month)
Congratulations to all those who analysed and traded well
Every trader has strengths and weakness.

“You have to learn the rules of the game. And then you have to play better than anyone else”-albert einstein

Now coming to the analysis ,
The up-move looks to me as an ABC correction unless the market proves otherwise
However , Federal bank is presently @ a demand zone where some consolidation can take place

But who knows, that may change…

Waiting for the critical comments from esteemed users
70 to 75 major support zone in FED BANK.
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Maya and Mumbai I kinda liked that username.
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MAYA_MUMBAI French_Fries
@French_Fries, thanks , Jai Maharashtra!
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“In the business world, the rear-view mirror is always clearer than the windshield.”
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@joel-vg, true,

Females do use rear view mirror a lot
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“Rule No. 1: Never lose money. Rule No. 2: Never forget rule No.1” – Warren Buffett
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MAYA_MUMBAI VijayGeorge
@VijayGeorge,

Nothing to lose , nothing to forget :)
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