forextidings

SBI: Flying with the Elliott Wave

NSE:SBIN   STATE BK OF INDIA
SBI made the bullish Elliott wave on the time frame. And completed 4 waves. The 5th wave and ABC correction are remaining. The expected completion of the 5th wave is 295.35, and it is 61.8% of 1+3.
So, it has to cross 283.30 - 290.10 to reach 295.35. And if the trend crosses this, too.
After that, it will fall for a short time to make the A of the ABC correction. And the targets are the following 290 - 280.

Comments

Wave iii of 3 is shown smallest
+1 Reply
On 4hr tf we can se divergence, don't you think this could be the end of wave 5 ma'am?
Reply
damn !
Elliot wave has always been so complex for me.
Reply
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