Monday, July 30, 2018

MOTHERSON SUMI

What a stock ever since inception impulsive move.

I have tried to count waves.This looks the best possible wave structure 
for this stock as of now.


lets look a closer view to get a better view.

daily chart.


A good correction in parallel channel wxy correction is done .Point to ponder now
is correction over or not.The stock is still trading below trendline resistance.
This could be a X wave too,Above 340 the correction looks over and stock can continue upward
journey.Lets see how the stock reacts in coming days.

Sunday, July 29, 2018

ICICI BANK

ICICI bank structure suggests an irregular correction.

expanded flat in making.

This can do 315-330 in a jiffy.Lets see how this performs.


Symphony systems wave analysis

Symphony systems a good 5 wave up move.

looks like good times done for the stock we have a impulse down from 5th top too.

look to come out from this in rallies look like we are in for a long consolidation or correction in this.


Learn more about waves here ELLIOTTWAVE .

Tuesday, January 30, 2018

>RAMKY Infrasructure chart

Hi friends,
                  The chart looks good wave extention happening.Below is weekly chart showing clear waves.


Bigger degree of wave 1 is done followed by wave 2 and now bigger degree of wave 3 in progress .In daily chart can expand the bigger degree wave 3 into parts.The below chart is daily time frame.


From chart can see bigger degree wave 3 unfolding green colour counts bigger degree .
The white count suggests 123 of bigger 3 is done and now 4th wave is on which is expected to finish soon wave 2 was a deeper correction so wave 4th is expected to be shallow 1.
Track this stock seems good swing near 200-195  or above 225 . Expectation of 300 + .