AKBNK - 1DMy previous post related to AKBNK was on 3rd of June, 2024 for the maked IV th wave correction.
17th of March, V wave completed and a correction phase has started, we are now heading to marked area to complete the last wave of the correction. Later on we will understand whether this is a simple or a complex correction.
AKBNK trade ideas
AKBNK DAILYThe stock is still struggling to find direction, news about other banks is also affecting this stock.
In the wave count, it seems to have completed the 5 waves at the 61fib level (with a last effort, it may extend to 100fib). In case of a correction, I think it is highly likely to go down to 23fib and 38fib is less likely.