>VEDANTA (VEDL) ELLIOTTWAVE structure

Hi friends,

                   Metals have been the winners all this while in 2016 to 2017 they have been in relentless rally ,Lets look at the chart of VEDL.

Above is monthly chart of VEDL with labeled waves,The rally which started from year 2000 ended by making 5 up in year 2010.

And we had 6 year correction till 2016 making abc correction and a new uptrend started the stock has tremendous potential still for a investor and can scale 500+ over a period of time .A investor shoulds accumulate this in a dip for new investment as the current levels are stretched .Long term this can do very good a multibagger kind this is pure technical view ,Do check fundamental of the conpany to back this .

>Nifty wave update

Hi friends,

                   The nifty has been sideways to down for a week now its grinding in a range.

I can see an abc x clearly let me put the chart .

The above chart clearly shows the wave unfolding ,Till 9135-40 is not broken an downmove till 9000-8980 is seen on contrary if nifty breaks resistance a new high is coming the bullish counts are in green lable.

>APOLLOHOSPITAL UPDATE

Hi friends,

                   I had posted about the coming weakness in the stock in last post 

APOLLOHOSPITAL WAVES .We can see the stock has indeed witnessed weaknes 

Lets see the further move of the stock next week to acertain the pattern completion.

>LUPIN Elliottwave structure

Hi friends,

                   This stock i have been tracking for 2 months now LUPIN WAVES even after many FDA approvals etc this is still not breaking above resistance and moving lack lustrely in the range ,I still think till 1580 -86 is not taken out this can remain subdued or move downwards.

On downside till 1400-1395 is maintained no big damage to the stock is seen a move below 1395 i think can take stock towards 1300-1280.Lets see how stock moves .