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
imagen

macd in monthly turned negative
imagen

macd in weekly negative
imagen

macd in daily also in negative
imagen

rsi in weekly down tick and below 40
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price below lower bollinger of weekly
imagen


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Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.

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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