Aurix Exchange

Elliott Wave study of YesBank ( INDIA )

njana

Active member
You must be registered for see images attach


Expecting corrective moves to start very soon.

Trade qty 10000 SL 14 200EMA BO TGT 23++ will confirm start of new cycle ride :)

Marking this post as a timeline for review in middle of 2021 or there after.
 

njana

Active member
Using Kennedy Channeling Technique, analyzed Yesbank as follows:

You must be registered for see images attach

161% TGT for 3rd Wave is Rs 30/- :cool:

Only above 32 , Wave 3 confirmation will trigger though, currently, price is trading within bottom half of base channel. SL 14.
 
Last edited:

njana

Active member
Here is an update on the Yesbank wave count in co-relation to GANN Fan ( a Price/Time square tool ): This can be treated as a practical use case of the GANN Fan application

You must be registered for see images attach


Interesting observation is the time Yes took to traverse the bearish GANN Fan zones, almost 3yr & now it is kissing the bullish GANN fan zone, exciting time ahead on the counter.
Next FAN TGT is looking to be 85 to 90 lvl ... WoW!!
 

Aurix Exchange
Top