joel-vg

Can Federal Bank reach 52 tomorrow - Results tomorrow.

NSE:FEDERALBNK   FED BANK
Federal Bank may reach 52 for the following reasons

1) wave pattern target of wave v
2) it is 1:1 ratio of wave a from wave b

Comments

thanks to the Oil crash, its going down again. this oil has screwed everything up. Or this was on track to go above 50
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joel-vg mukesh4478
@mukesh4478, see in wave pattern wave 4 goes to a minimum 23 % retracement , so it is highly likely that it goes above 50 in the coming days.

also in wave pattern there is wave 5 following wave 4 , that means it can go below 40 after touching 50

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