ParamjitMahapatro

EW Analysis of RBL Bank

NSE:RBLBANK   RBL BANK LTD
EW analysis in daily, shows that wave (iv) seems to be over, and wave (v) started.

Also price was in descending channel , then it broke out with good volume , that marked the completion of complex wave (iv) correction.
here 1st tgt - 595, i.e wave (iii) peak,

if wave (v) is getting extended, then we can see higher levels - 640(.5), 680(.618).

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