FEDERALBNK - Soft landing to 320 possible before moving towardsFederal Bank Ltd. (India)NSE:FEDERALBNKMurthy_Santhosh CMP: 352 TF: 75 Minutes Primary trend is UP and the wave counts are calcuated from March 2025 lows The wave counts suggests that the stock is in correction phase and possibly test the 330-320 levels in the coming days. The moves are clean in each of the subwaves, easy to learn and implement wave counts for beginners). I am expecting this correction against the move from 277 to 362 (and the 38-50% Fib level is at 330-320 zones) There is also possibility that this could be a time correction, and in which case, the price will trade within a range for a longer period of time. Since the stock is bullish, I wouldn't suggest try trading against the trend.. Rather, I would wait for the correction to playout/end and initiate long positions with better RR Disclaimer: I am not a SEBI registered Analyst and this is not a trading advise. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions. Please consider my views only to get a different perspective (FOR or AGAINST your views). Please don't trade FNO based on my views. If you like my analysis and learnt something from it, please give a BOOST. Feel free to express your thoughts and questions in the comments section.