PSU BANKS... MORE CORRECTION AHEAD
The chart of PSU BANKS had completed the 5th wave of Elliot waves and has started correcting. If my prediction goes well we can see a recovery in these stocks and then a steep fall from there (roughly around Diwali time).
PSU BANKS- SBIN, CANARA BANK, BANK OF BARODA, PNB, INDIAN BANK, UNION BANK. Keep these stocks on your radar.
PSU BANKS- SBIN, CANARA BANK, BANK OF BARODA, PNB, INDIAN BANK, UNION BANK. Keep these stocks on your radar.
交易進行
The correction waves A and B are done. Anticipating a steep fall (C wave). This also correlates with my idea of fall in nifty. Watch for profit booking in SBIN, CANARA BANK stocks.
Technically wave 5 and wave B are forming a double top. Be careful if you are going long in these PSU banking stocks.
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