PNB HOUSING FIN LTD.
Long
Aggiornato

pnb housing finance looks bullish in short term.

price bounced from trend line support and horizontal support with good volume.

sl - 1430, tgt - 1675
Trade attivo
closing price 1552.65
Trade attivo
moving up as expected, but taking more time than expected , till now 1644.90
Nota
price recently came down to the support level, now it is bouncing back, it is now moving in a horizontal channel. istantanea
Trade attivo
till now 1517.70, istantanea
Trade chiuso manualmente
but elliott wave count shows that wave 2 correction (flat correction) is going on here. in.tradingview.com/x/5GfJiCW8/.

price can go down to or below 38.2% retracement level. istantanea
Nota
now here is the fractal count of flat correction, it seems last leg of impulse of wave [c] is pending here. istantanea
Nota
follow up chart, price is following the ew count. istantanea
Nota
at cmp - 1301, previous support now acting as a resistance , selling pressure seen here. istantanea

Declinazione di responsabilità