bhalla1990

HDFC bank in day's ahead - part 3

Short
NSE:HDFCBANK   HDFC BANK
1480 the 1.618 Fib extension level of wave 1 could be the decisive top formation and call out the end of Wave 5 of 5.
1480 is also the invalidation level of analysis and will put me to think that wave counts are wrong and need to be reviewed.

With recent weakness in Bank Nifty, this looks like a high probability setup

#Wave Analysis #Fibonacci Extension

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