Elliott Wave Analysis On Demand
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Monday, 23 February 2015
Sunday, 22 February 2015
BATAINDIA
I am posting Elliott wave count of monthly chart of 'BATAINDIA' to understand it's structure. Primary wave [5] is 261.8% of wave [1] and there is negative divergence between peak [3] and peak [5] which indicate that the wave [5] is complete and A, B, C wave correction is to unfold. The different fibonacci support levels are depicted on the chart.
Disclaimer: This and all the ideas I present are for educational purpose only.
Disclaimer: This and all the ideas I present are for educational purpose only.
Thursday, 19 February 2015
Ashokley
I am posting Elliott wave analysis of monthly chart of Ashokley to understand it's structure.
On daily chart, intermediate wave (3) has completed. Now the price is in wave (4) where wave A and wave B has completed. The price will complete the corrective wave C. After that intermediate wave (5) will start.
Disclaimer: This and all the ideas I present are for educational purpose only.
On daily chart, intermediate wave (3) has completed. Now the price is in wave (4) where wave A and wave B has completed. The price will complete the corrective wave C. After that intermediate wave (5) will start.
Disclaimer: This and all the ideas I present are for educational purpose only.
Wednesday, 18 February 2015
HCLTECH
I am posting Elliott wave analysis of monthly chart of 'HCLTECH' to understand it's structure.
In daily chart, the price seems to be in primary wave [5] and a double top is forming. I do not think that there is much up side is left before the A, B, C wave correction.
Disclaimer: This and all the ideas I present are for educational purpose only.
In daily chart, the price seems to be in primary wave [5] and a double top is forming. I do not think that there is much up side is left before the A, B, C wave correction.
Disclaimer: This and all the ideas I present are for educational purpose only.
Tuesday, 17 February 2015
BEL
I am posting Elliott wave analysis of the monthly chart of BEL to understand it's structure.
In daily chart, the price is in intermediate wave (5) of primary wave [3]. The intermediate wave (3) is smaller than the wave (1) so the (5) wave can not be greater than wave (3). May be the wave (5) has completed as there is reversal candlestick. So the next wave is correction in to primary wave [4]. Some correction is expected, one can use this correction as buying opportunity in to wave [5]. The target for this wave may be 4334.
Disclaimer: This and all the ideas I present are for educational purpose only.
In daily chart, the price is in intermediate wave (5) of primary wave [3]. The intermediate wave (3) is smaller than the wave (1) so the (5) wave can not be greater than wave (3). May be the wave (5) has completed as there is reversal candlestick. So the next wave is correction in to primary wave [4]. Some correction is expected, one can use this correction as buying opportunity in to wave [5]. The target for this wave may be 4334.
Disclaimer: This and all the ideas I present are for educational purpose only.
Sunday, 15 February 2015
Amtekauto
I am posting Elliott wave analysis of daily chart of 'AMTEKAUTO' to understand it's structure. It seems that price has completed intermediate wave (1) and wave (2) also. It seems that it has taken support at 61.8% retracement of wave (1). One can buy here for a target of 274.54.
Disclaimer: This and all the ideas I present are for educational purpose only.
Disclaimer: This and all the ideas I present are for educational purpose only.
Wednesday, 11 February 2015
ADITYA BIRLA NUVO LIMITED
I am posting Elliott wave analysis of weekly chart of 'ADITYA BIRLA NUVO LIMITED' to understand it's structure. The price seems to be in minor 5th wave of intermediate wave (3). The wave 5 can end either to levels of 2016 or 2304.
Disclaimer: This and all the ideas I present are for educational purpose only.
Disclaimer: This and all the ideas I present are for educational purpose only.
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