Sunday, April 26, 2020

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.

Sunday, April 19, 2020

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.

Tuesday, April 14, 2020

ESCORTS UPDATE

The escorts pattern is opening up.Look at the old post Escorts elliottwave .

Lets see the present structure.

B wave probably unfolding into wxy ,y wave unfolding which has potential to do 750-760.

Lets see how the price moves in coming days.