The Elliott wave principle is a form of technical analysis that few traders use to analyze financial market cycles and to make a forecast by trends by identifying extremes in investor psychology, and other collective factors.
UCO BANK has fail to cross his high of Rs. 84/- and fall from Rs. 83 to Rs. 78/- . One can see the immediate down side in stock with TGT price of Rs. 69 and Stop loss of Rs. 82.
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