>MCDOWELL Elliottwave counts

Hi friends,

                   MCDOWELL has made a interesting pattern ,I am able to resolve its time consuming complex correction spread across 2 years.

The correction is resolved as triple zigzag wxyxz the above chart shows it clearly ,Its been labled exhaustively.We had a sharp rally from 1800 levels,Looking at the internal structure of the move from 1800 i can see a impulse ,Let me put the chart.

Look at the above chart we had a clear impulse with even 3rd wave having clear 5 up and 5th wave showing ending diagonal.This structure suggests the stock is in for a multimonth rally after correcting this impulse rally Track this stock closely,This has started to correct impulse wait for a patterm to find a long setup .

>Hexaware elliottwave structure

Hello friends,

                       Today discussing HEXAWARE structure.Lets count waves on daily chart.

2015 april onward the stock started to correct from a high of 330+,Had a nice abc fall making w followed by a time consuming sideways correction,Making x wave followed by a fall making another abc .Overall wxy correction finished .

A upmove is underway which doesn't look impulsive in nature ,From the chart i can say if 240 is not taken out another x wave is underway,Which implies another fall towards 180 levels after completion of x wave.This wave structure holds true as long as 240 is not broken.

>Adaniports wave structure

Hi friends,

                   Adani ports is trading sideways for sometime now,Lets look at the chart from november last 2016 to figure out the wave pattern .

We can see overlapping 5 up making a ,Followed by a b fall .From b low a nice impulsive move showing clear 5 up in 3rd wave and an ending diagonal or wedge in 5th up,This looks quite clear we had a wedge breakdown and stock after initial dump went into sideways move which is most probably b wave move which should end near 310,And a c fall is anticipated towards 290 -280 levels which is channel support.Lets see how the chart moves .The wave structure stands wrong if it breaks 310 and crosses above high of 315.This counter saw lot of insider activity in last 1,2 months by promoter.

>MRF wave structure

Hi friends,

                    MRF had a super run ,It made a triangle and broke it up ,Sure many would have bought that breakout ,Ever since the stock kept dragging down (slow drop ) .

The above chart shows the triangle and the retrace after breakout which has retraced .Lets see the fall closely. On a hourly chart .

The hourly structure shows a triple zigzag unfolding wxyxz right now in z .Stock looks to do good in march expiry should be bought in dips ,This can target 56000 easily.