bhalla1990

HDFC bank in day's ahead - part 3

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NSE:HDFCBANK   HDFC BANK
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14
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