Two days back I had posted about it when it was at critical juncture. Just remember Elliot wave wave 2 should not violate the low of wave 1. I had drawn a horizontal line for recent low. Had it violated that line it would have become disasters for hdfc bank and bank nifty too. well I accept no more decline from it. This is weekly chart hence it can not be predicted for near term targets. I will try to attach lower time frame chart. Don't forget to like this post. connect with me. follow me .
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.