Sunday, September 02, 2018

Granules elliott wave analysis

This pharma stocks has got good wave structure.
Lets see monthly wave structure,The stock witnessed 
stretched 3rd wave lets see the chart.


From monthly chart we can count clear 1234 on price chart with clear 5 waves in 3rd wave ,The price has done good consolidation in 4th wave and looks set to hit 150.Lets see the 4th wave closely.


The stock did wxy correction in 4th wave ,The stock has potential for 150. Few closes above 150 would set tone for all time high for stock for 5th wave lets see how stock performs in coming weeks.

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