Saturday, 17 January 2015

Yes Bank

I am posting monthly chart of Yes Bank to understand it's structure. The price is in intermediate wave (5) of prime wave [3].



On daily chart, the price is in minute wave [iv] of minor wave 5 of intermediate wave (5). This wave can end in the range of 825-840,then some correction as depicted on the chart and then the price can go as high as 1040.



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

Adani Port

I am posting monthly chart of Adani Port to understand it's structure. It seems that the price is in prime wave [5].



On the daily chart, wave [5] seems to be completed and now this is time to correction.



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