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.
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.