ICICIBANK elliottwave analysis

I had posted about ICICIBANK ,With expectation of 

rise towards 315,320.The rally has come still got potential to go more .

Lets look at the bigger picture.

Finally a bearish count lets see how this chart behaves.My expectation is this rally can 

fizzle out by 330+ .This rally is c up of expanded flat.

This count goes wrong if ICICI hits all time high. Prudent thing would be to try hit this 

stock as near possible to previous high as stoploss.Look for weakness !!!.

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.