RBLBANK

We are currently in minor wave iii of wave C of wave Y, fall from 274 has become a complex correction, possibly a triple zigzag pattern, if wave Y is going to be equal to wave W then we can see 81.75, 58.85 and 40 levels too.

Overall wave counts on weekly chart
snapshot

macd in monthly turned negative
snapshot

macd in weekly negative
snapshot

macd in daily also in negative
snapshot

rsi in weekly down tick and below 40
snapshot

price below lower bollinger of weekly
snapshot


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I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
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elliottwavecorrectionelliotwaveanalysisTechnical IndicatorsRBLBANKrblbankshortTrend AnalysisWave Analysis

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Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
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