INFY UPDATE

In my last post ,Had discussed about a triangle unfolding in infy.

INFY ELLIOTTWAVE ANALYSIS.

Lets see the present scenario.

From the last post after abc a triangle finished in d and now probably we have finished e.

Below 650 confirmation of e being finished. Expecting this to be in sideways to downward 

bias as long as yesterdays high is not crossed.

Axis bank elliottwave analysis.

 Lets look at axis bank wave structure.

The bigger timeframe 

Lets look at the structure of rise from the lows. 

This looks interesting ,Structure looks quite clear and is well labled. 360-70 looks good support 

as lomg as that holds a bullish count remains active for upside .Lets see how the price moves in coming days.

TCS elliottwave analysis

Taking further from old post IT stocks.

Lets see TCS structure.

The TCS waves showing lot of abcs ,Here the ideal count i have labled ,As long as a high above 

the dotted yellow line is not done this count is valid.Still we can see rangebound moves for a while and then a trending move.Would update on this as the move matures.

INFY elliottwave analysis

Taking further from old post on IT stocks .

Lets see structure of INFY.

The present structure shows multiple counts .We had an abc finished near 680 levels and from there

we could be trading in a triangle or a new abc need a day or 2 more price move to zero in on popular 

count .Would revist this soon.