Thursday, May 11, 2017

>BankofBaroda

Hi friends,
                   In last post BankofBaroda elliottwave had posted about a move towards 200+ and then a fall towards 180 ,The stock has loosely followed the same expected pattern till now.


Tuesday, May 02, 2017

>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.


Monday, May 01, 2017

>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.

Sunday, April 30, 2017

>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.