Monday, March 20, 2017

>Firstsource solution elliottwave structure

Hi friends,
                   lets see the structure of this midcap stock on daily chart.

The structure shows impulsive move on chart of which 5 wave is on with overlaping waves.
abcd is done and e is underway which looks like can do 60+ to finish e wave.
38 looks good support for this ,Track this stock in coming days to see how this moves.

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.