Thursday, March 23, 2017

>DABUR Elliottwave structure

Hi friends,
                   I had posted on dabur some time back DABUR elliottwave  the structure has emerged 
Lets see the present structure.

So looking at the present structure,Till 290-295 is not taken out i would consider this as x wave which means a fall should be underway soon in dabur and the stock can see the low of 260 again .
Track this stock to see how the stock performs in coming days.

Wednesday, March 22, 2017

>MCDOWELL ELLIOTT WAVE

Hi friends,
                    In the last post had anticipated a fall in the stock MCDOWELL ELLIOTTWAVE the
stock fell about 150 points from the levels of last post and now near support expecting bounce from these levels as long as 2090 is held the pattern is forming we have a abcde correction from the 5th wave top.

Lets see how stock performs in coming days.

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 .