ROLTA

I am posting elliott wave count of ROLTA to understand it's structure. As 161.8% extension of wave 1 on wave 5 is broken upside then the next target is 165.

Disclaimer: This and all the ideas I present are for educational purpose only.

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.

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.

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.

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.

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.

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. 

GEOMETRIC

I am posting Elliott wave analysis of monthly chart of 'GEOMETRIC' to understand it's structure. The price is moving in a Leading expanding diagonal. Now it has completed the diagonal or we can say wave I, now it is correcting to form wave II. Once it has completed the wave II and will show some signs of reversal then one can go long for a wave III.

Disclaimer: This and all the ideas I present are for educational purpose only.

SWARAJENG

I am posting Elliott Wave Analysis of weekly chart of 'SWARAJENG' to understand it's structure. It seems that intermediate wave (5) is completed and the stock is correcting to complete it's three wave correction. Wave (A) and wave (B) has completed and the price is in minor wave 3 of wave (C). On looking the minor wave 1 of wave (C), it seems that the five wave structure of wave (C) will complete on or beyond  the fibonacci 50% retracement of wave structure wave (1) to wave (5), on or beyond level 535.74.

Disclaimer: This and all the ideas I present are for educational purpose only.

Tata Steel

I am posting Elliott Wave Analysis of daily chart of 'Tata Steel' to understand it's structure. The price has completed primary wave [1] and now it is correcting to complete the wave [2]. Price is in 5th wave of wave [C]. The wave 3 is shorter than wave 1 so the 5th wave must be less than wave 3, wave 5 may complete before 306.66.

Disclaimer: This and all the ideas I present are for educational purpose only.

Sonata Software

I am posting Elliott Wave Analysis of 'Sonata Software' of monthly chart to understand it's structure. It seems that the price has completed primary wave [3] and wave [4] and now has started in wave [5].

 

On daily chart, the wave [4] has corrected 38.2% of wave [3] and has taken support here and rising. The wave [5] can complete either at price level 162 or level 187 as the are the 0.618% and 100% extension of wave [1].

Disclaimer: This and all the ideas I present are for educational purpose only.

Tata Sponge Iron Ltd

I am posting Elliott Wave Analysis of monthly chart of 'Tata Sponge Iron Ltd.' to understand it's structure. The price has completed primary wave [3], now wave [4] is unfolding.

On daily chart, the price is in minor [v] of prime wave [4]. It seems that there is still weakness in the stock so it may go as blow as 438.04 to complete wave [4].

Disclaimer: This and all the ideas I present are for educational purpose only.