FEDBANK

Fedbank a nice 5 up and then wxy correction

nice move in channel correction soon reaching trendline resistance in range 95-98 

level to watch for further up move is above 98 only .If fails to cross expect this rally 

to be a X wave.Lets see how stocks trades in coming days.

MOTHERSON SUMI

What a stock ever since inception impulsive move.

I have tried to count waves.This looks the best possible wave structure 

for this stock as of now.

lets look a closer view to get a better view.

daily chart.

A good correction in parallel channel wxy correction is done .Point to ponder now
is correction over or not.The stock is still trading below trendline resistance.
This could be a X wave too,Above 340 the correction looks over and stock can continue upward
journey.Lets see how the stock reacts in coming days.

ICICI BANK

ICICI bank structure suggests an irregular correction.

expanded flat in making.

This can do 315-330 in a jiffy.Lets see how this performs.

Symphony systems wave analysis

Symphony systems a good 5 wave up move.

looks like good times done for the stock we have a impulse down from 5th top too.

look to come out from this in rallies look like we are in for a long consolidation or correction in this.

Learn more about waves here ELLIOTTWAVE .