JETAIRWAYS ELLIOTTWAVE ANALYSIS

I had posted about jetairways in june 

this is in dump for quite some time and things are still not looking 

promising for this.

The stock has already fallen to 300 ,Still scope for downside looks.

let me post current chart.

The stock can well fall towards 200 in due course ofcourse this can have some rises inbetween.

Any one looking for investing be careful and keep stoploss as the picture looks dire.

METAL INDEX ELLIOTTWAVE ANALYSIS

BEAUTY of chart i had posted this on june 20th.

The price hovered for some time near yellow dotted line and it has indeed come to touch green line 

and bounced back . posting the new chart.

This has potential to retouch 3500-3550 levels in due course. A wxy correction is done probably a 

X wave is on,I would revisit this after sometime lets see how the index behave in coming weeks.

HDFCBANK

HDFC BANK trading at crucial point

lets look at the chart.

This is hourly chart we have finished a wxy correction or about to finish. 2110 is very good support

if this is held expect good bounce .

private banks offlate are bit into profit booking lets see how this trades tomorrow.

HINDALCO

A massive abcde up on monthly chart 

 spread over many years.

The stock is retracing after breaking out the rally was big so this can consolidate for a while before 

going further.lets take a closer look to the current correction.

A slanting channel correction is on probably the stock an oscilate between 190 to 240 for

quite some time breaking this range on either side we can draw the further pattern .Metals

are in limelight thanks to tradewar !!.