POINT A - it took 14 days to reach the peak of 47 point B - it took 32 trading hours Point C - it took more than 100 trading hours to take out the peak of A
This means that the whole ABC are corrective waves and sooner or later 35.5 will be breached and can go lower
conclusion - Do not invest in FEDERAL bank
Disclaimer - my view , my elliott view
Trade closed: target reached
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As expected , in Federal Bank , there was a good decline.