Saturday, May 13, 2017

>M&M Finance elliottwave structure

Hi friends,
                  lets check the wave structure of m&m fin ,Lets try to count waves from December 2016 low.

The chart is well labeled ,The price is moving in a parallel up channel.The stock did abc up move followed by a X wave and now again in process of making next abc move .Currently a is finished (made a ending diagonal) now in b wave expectation is abc correction to finish b wave in (310-305).The strong support is at (300-295) range .
Expecting a up move from 300 levels.


Post a Comment