Bank of Baroda EWT Analysis Research
Bank of Baroda trend intact on the higher degree it trades present time in Expended Diagonal,
1. The price had traveled 36-100. May 2020 to Feb 2021.
The First cycle had completed in 5-3-5 .
2. The Second Cycle in progress it is 5-3-5-3 complete and the fifth wave is incomplete it may be five structures on a lower degree
3. Price maybe travels as 1.27% -103, 1.618% -110 for 3rd wave and if price correct for 4th wave and break 3rd wave structure for 5th wave 2.618% -130 it is the upper end of expanded Diagonal.
4. Price gives a valid breakout with high volume in the last trading session.
Disclaimer
it is my personal research Before investment please advise your finance adviser it is only for educational purposes.
1. The price had traveled 36-100. May 2020 to Feb 2021.
The First cycle had completed in 5-3-5 .
2. The Second Cycle in progress it is 5-3-5-3 complete and the fifth wave is incomplete it may be five structures on a lower degree
3. Price maybe travels as 1.27% -103, 1.618% -110 for 3rd wave and if price correct for 4th wave and break 3rd wave structure for 5th wave 2.618% -130 it is the upper end of expanded Diagonal.
4. Price gives a valid breakout with high volume in the last trading session.
Disclaimer
it is my personal research Before investment please advise your finance adviser it is only for educational purposes.
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