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.
ChartTheWave |
t.me/chartthewave
Welcome to the world of Elliott Wave Principle "EWP". This channel is a forum for practitioners, enthusiasts, and learners. Our aim to build a team of traders who apply EWP - learning, sharing, and profiting together.
t.me/chartthewave
Welcome to the world of Elliott Wave Principle "EWP". This channel is a forum for practitioners, enthusiasts, and learners. Our aim to build a team of traders who apply EWP - learning, sharing, and profiting together.
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
ChartTheWave |
t.me/chartthewave
Welcome to the world of Elliott Wave Principle "EWP". This channel is a forum for practitioners, enthusiasts, and learners. Our aim to build a team of traders who apply EWP - learning, sharing, and profiting together.
t.me/chartthewave
Welcome to the world of Elliott Wave Principle "EWP". This channel is a forum for practitioners, enthusiasts, and learners. Our aim to build a team of traders who apply EWP - learning, sharing, and profiting together.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.