Tuesday, March 14, 2017

>Adaniports waves target

Hi friends,
                  I had posted Adaniport wave structure showing about expectation of wave c fall of d .wave.The stock did that wave target and reversed lets see the present structure.
The stock looks to be in e wave up which can target minimum 320+ .

Friday, March 10, 2017

>APOLLO HOSPITAL elliottwave structure

Hi friends,
                  I had posted a earlier post Apollo hospital wave structure the stock took resistance in 1330 range and has fallen back ferociously,The stock is in parallel channel and is in process of making a pattern let me post the chart.
 The stock looks set to go near 1150-1100 levels lets see how this chart moves in coming weeks.
A closer look at the fall from highs of 1330++ shows an impulse down further confirming of coming fall after some upmove.
Would update more on this as pattern gets ripe.

Tuesday, March 07, 2017

>MCDOWELL Elliottwave counts

Hi friends,
                   MCDOWELL has made a interesting pattern ,I am able to resolve its time consuming complex correction spread across 2 years.
The correction is resolved as triple zigzag wxyxz the above chart shows it clearly ,Its been labled exhaustively.We had a sharp rally from 1800 levels,Looking at the internal structure of the move from 1800 i can see a impulse ,Let me put the chart.
Look at the above chart we had a clear impulse with even 3rd wave having clear 5 up and 5th wave showing ending diagonal.This structure suggests the stock is in for a multimonth rally after correcting this impulse rally Track this stock closely,This has started to correct impulse wait for a patterm to find a long setup .

Sunday, March 05, 2017

>Hexaware elliottwave structure

Hello friends,
                       Today discussing HEXAWARE structure.Lets count waves on daily chart.

2015 april onward the stock started to correct from a high of 330+,Had a nice abc fall making w followed by a time consuming sideways correction,Making x wave followed by a fall making another abc .Overall wxy correction finished .
A upmove is underway which doesn't look impulsive in nature ,From the chart i can say if 240 is not taken out another x wave is underway,Which implies another fall towards 180 levels after completion of x wave.This wave structure holds true as long as 240 is not broken.