Sunday, June 11, 2017

>Nifty elliottwave

Hi friends,
                   Nifty has been showing small correctives followed by comparative large upticks,We saw them in the last post i wrote.Nifty elliottwave ,Here again i am able to count a wxy in small timeframe let me put the chart.
The above chart is well labeled.Assumption is as long as 9690 is not broken this rise is x wave and nifty can fall back to 9600 to make z wave ,Lets see how nifty moves 9580-70 is support.

Thursday, June 08, 2017

>Banknifty

Hi friends,
                   Banknifty has been doing quite squeezed move for a week now ,Its nearing lower trendline support.
The trendline support comes at 23450-60 if banknifty continues to hold this range should continue uptrending ,If this range breaks expect fast fall towards 23000.

Sunday, June 04, 2017

>Ibullhousing elliottwave

Hi friends,
                   Looking at Housing finance charts this weekend,Zeroed on Ibullhousing .Lets look at the chart.

The chart is well labled ,The stock is in c wave up which would ideally do 1225-35.This range 1225-35 is resistance zone for this upmove lets see how stock reacts to this range.

Wednesday, May 31, 2017

>M&M Finance

Hi friends,
                  The stock has followed almost the same pattern expected .Had posted in last post M&M Finance elliottwaves.Lets see the move the stock has done after the post.


Expectation was a fall from 340 levels towards 300-295  the stock fell till 290 ,And from there a rally towards 370 ,The stock has already done 350 .A good move in both long and short side.