Friday, August 31, 2018

Ramky infrastructure elliott wave analysis

I had written about this stock in jan Ramky infra elliott wave analysis.
Though the stock didnot perform the way it was expected that time.
The longer term wave structure remained intact.Lets see the present chart.

For the overall wave structure look the old post given the link above.
The white labeled wave is in progress expecting 300+ in this stock ,Long term iam expecting bigger targets in this as green colour wave is still under process ,Overall the structure looks bullish and one can hold on for bigger targets in coming months.The stock is still in ASM list so circuit limit is 5% also margin required is 100% so only genuine buyers :) mostly. Stock is clocking good delivery for quite some time.Keep an eye.


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