RBLBANK

We are currently in minor wave iii of wave C of wave Y, fall from 274 has become a complex correction, possibly a triple zigzag pattern, if wave Y is going to be equal to wave W then we can see 81.75, 58.85 and 40 levels too.

Overall wave counts on weekly chart

macd in monthly turned negative

macd in weekly negative

macd in daily also in negative

rsi in weekly down tick and below 40

price below lower bollinger of weekly


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Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.