Guj Amb Exports

I am posting Elliott Wave Analysis of monthly chart of 'Guj Amb Exports' to understand it's structure. Price has completed prime wave [1] and prime wave [2]. Now it seems to be in wave [3].

On daily chart, the price has completed intermediate wave (1) and may be it has completed wave (2) also. It may be starting of wave (3). One can buy near the level of 45.72 for target of 68.99 with stop loss at 40.

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

Kwality Ltd.

I am posting daily chart of Kwality Ltd. to understand it's structure. It has completed it's intermediate wave (1) and correcting in to complete wave (2). In wave (2), wave A and wave B has completed, the C wave is remained to complete. It may complete either on the support of rs. 37.36 or rs. 32.50. From here the wave (3) will start. One can buy around these levels.

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