PNB Wave Count

PNB has recently showed the move. It has given the break-out on the levels of Rs. 38.This is a slow-moving python, Wave count suggests that we are in to very short time correction which is infolding now. Possible first leg of in the form of Zig-Zag is unfolding, which would complete the wave A downwards. Currently we are in wave - b of first leg of correction.

This is my opinion, please invest on your own risk.