TangoTrader22

Probable EW count before Q4 results

NSE:HDFCBANK   HDFC BANK
At the onset, I want to make it clear that EW count on hdfcbank is a tough job because of the exponential nature of the price curve. What i have presented below is just a thought experiment. No trade is intended or suggested.

The chart here is the post demonetisation rally (jan 2017 onwards). 3 waves seem to be complete with wave 4 underway. My basic premise is that if wave 4 does a ABC correction then we could be starting wave C very soon (as soon as monday). This could take us to 1800 (200 DEMA ) and below.


Probable Long term EW count for hdfcbank is posted below




?? Chart is for educational purpose only. No trade is recommended or suggested??
EN English (IN)
EN English
EN English (UK)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out