Thursday, March 16, 2017

>Colgate elliottwave structure

Hi friends,
                   Looking at colpal chart looks interesting.
Made a high in mid 2015 and kept correcting till early 2016 corrected in WXY correction,Let me put the chart.
The above chart shows waves clearely After WXY correction stock had a sharp rally followed by time consuming shallow correction which inturn made pattern for next rise,Let me put hourly chart to see waves unfolding closely.
stock corrected in abcde correction and slowly started upward journey and then suddenly tookoff above 920.This stock should do atleast 1100 and further do more in coming time .

Tuesday, March 14, 2017

>Adaniports waves target

Hi friends,
                  I had posted Adaniport wave structure showing about expectation of wave c fall of d .wave.The stock did that wave target and reversed lets see the present structure.
The stock looks to be in e wave up which can target minimum 320+ .

Friday, March 10, 2017

>APOLLO HOSPITAL elliottwave structure

Hi friends,
                  I had posted a earlier post Apollo hospital wave structure the stock took resistance in 1330 range and has fallen back ferociously,The stock is in parallel channel and is in process of making a pattern let me post the chart.
 The stock looks set to go near 1150-1100 levels lets see how this chart moves in coming weeks.
A closer look at the fall from highs of 1330++ shows an impulse down further confirming of coming fall after some upmove.
Would update more on this as pattern gets ripe.

Tuesday, March 07, 2017

>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 .