>LUPIN update

Hi friends,

                     This has done the minimum target expected Lupin elliottwave counts.Now lets see how stock reacts to these levels ,Still no reversal or strength seen in stock ,Would give few days more to the stock before reevaluating the elliottwave counts.

>Balrampur chinni

Hi friends,

                  Posting wave chart of balrampur chinni,Quite clear waves let me post the chart.

5th wave underway and it has potential to scale new all time high above 200++.This is for educational purpose.

>PSU BANK Bank of Baroda Elliottwave

Hi friends,

                   PSU banks are in limelight ,They have been rising for some time though the rises have not been consistent still they are making higher highs and higher lows.I had posted about ORIENT BANK ,The stock is still rising.This post i have made chart of Bank of Baroda let me post the chart.

As we can see from the chart ever since 2016 start the waves have been quite overlapped,I have labeled them,Right now in short term 200,210 is stiff resistance.

Overall the stock is trading above red slanting trendline resistance,I have drawn the expected move with dotted green ,Lets see how stock moves in next few weeks.

>Nifty update

Hi friends ,

                    In the last post Nifty slow correction had 9050,9000 as supports and a move above 9160 should add strength to the move .Nifty made a low of 9070 and crossed 9160 showed strength and finally have come out of slow correcting channel.

Support now for nifty comes at 9250-40 range and resistance range is 9350-70, If we get a dip  near 9250-40 nifty can move up to 9350-70  provided 9200 holds.Lets see how nifty moves .