PNB HOUSING FIN LTD.
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pnb housing finance looks bullish in short term.

price bounced from trend line support and horizontal support with good volume.

sl - 1430, tgt - 1675
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closing price 1552.65
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moving up as expected, but taking more time than expected , till now 1644.90
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price recently came down to the support level, now it is bouncing back, it is now moving in a horizontal channel. 快照
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till now 1517.70, 快照
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but elliott wave count shows that wave 2 correction (flat correction) is going on here. in.tradingview.com/x/5GfJiCW8/.

price can go down to or below 38.2% retracement level. 快照
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now here is the fractal count of flat correction, it seems last leg of impulse of wave [c] is pending here. 快照
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follow up chart, price is following the ew count. 快照
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at cmp - 1301, previous support now acting as a resistance , selling pressure seen here. 快照

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