Shankey2191

Federal Bank EW Analysis.

Long
NSE:FEDERALBNK   FED BANK
This chart is for Education purposes only.

The chart is self explanatory. Ill add further comments as the trade progresses.
Comment: This is a very powerful setup guys, believe in the power of EW waves. Count will only be negated if price moves below 49 (marked black line) , which i highly doubt.
Trade active: Playing out perfectly as planned.
Trade closed: target reached: Target 1 done.
Comment: Good to book partial gains, expecting more upside until marked levels.