Canara Bank has been in a strong uptrend since 3 Mar 2025, forming a clear 5-wave impulse.
Wave 1 peaked on 3 Apr 2025, followed by a simple correction in Wave 2.
Wave 3 peaked on 9 Jun 2025 and extended to a little over 2x the length of Wave 1.
Wave 4 was a zigzag correction, in line with the principle of alternation.
Wave V most likely peaked today (24 Sep 2025) at about 50% of the total length of Wave 1–3.
Internal counts align well, with sub-wave (v) of Wave 5 ending at 61.8% of sub-waves (i)–(iii).
Recommendation : Wave V looks complete. Best to exit positions or use a strict trailing stop-loss.
Trade chiuso: stop raggiunto
Stock went in for a 5th wave extension. Stop loss triggered at 125.Trade closed. 
ChartTheWave |
t.me/chartthewave
This channel is a common forum for "Elliott Wave Principle" enthusiasts, learners and practitioners. We aim to build a team of traders who practice EWP for common benefit; co-learn, teach, share, validate and benefit.
t.me/chartthewave
This channel is a common forum for "Elliott Wave Principle" enthusiasts, learners and practitioners. We aim to build a team of traders who practice EWP for common benefit; co-learn, teach, share, validate and benefit.
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ChartTheWave |
t.me/chartthewave
This channel is a common forum for "Elliott Wave Principle" enthusiasts, learners and practitioners. We aim to build a team of traders who practice EWP for common benefit; co-learn, teach, share, validate and benefit.
t.me/chartthewave
This channel is a common forum for "Elliott Wave Principle" enthusiasts, learners and practitioners. We aim to build a team of traders who practice EWP for common benefit; co-learn, teach, share, validate and benefit.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.