PNB Housing Finance Elliottwave

PNB Housing Finance Elliottwave

PNB Housing Finance Elliottwave Count : CMP 1363. Setup developing nicely.  Awaiting correction to end below 1303 over another week or 2.  Keep alerts. Expanded flat correction playing out in wave 4 of intermediate degree.  Wave 4 of larger degree tends to complete at about the region of wave 4 of 1 lesser degree (i.e. […]

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GODREJ INDUSTRIES Elliottwave

Godrej Industries Elliottwave

Godrej Industries Elliottwave : CMP 579 From the 2 week chart, Godrej Industries is currently in a 3rd wave uptrend of multiple degree.  Recent high of 699 in July 2017 should be surpassed in the next few months. Corrective pattern ABC appears to have completed at 532 in minor wave 4, and minor wave 5 […]

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ICICI Pru Elliottwave 2 day chart

ICICI PRU ELLIOTTWAVE COUNT

ICICI Pru Elliottwave Count (ICICI Prudential) : CMP 381 From Nov 2016 to July 2017, 5 waves up to price of 508. Since July 2017 to Mid nov 2017, 3 waves down in A-B Triangle-C correction to 370. So 5 up and 3 down on larger time frame. Now the clincher and immediate actionable opportunity, […]

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India Cements Elliottwave India

India Cements Elliottwave Count

India Cements Elliottwave Count 3 day chart :  Price appears to have completed a minor 4th wave at 161.55 and should be headed in wave 5 minor degree to above 226. On the 2 hour chart, from the low at 161.55, 5 waves are visible indicating the correction is complete at 161.55 and price is […]

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Elliottwave India Nifty Sensex

IOC Indian Oil Corp Elliottwave count

Elliottwave India IOC Indian Oil Corp Elliottwave Count : CMP 392.50 Price appears to be completing / have completed wave E of an intermediate triangle at 385.  Traders can either await confirmation or scale in.  Post triangle thrust measurement works out to approx 486.  

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airtel elliottwave

BHARTI AIRTEL Elliottwave Count

BHARTI AIRTEL Elliottwave Count : CMP 495 Clear structure, high probability clear setup :  5 waves up from 371 to 564.  Price has completed 5 waves up followed by a completed wave A.  It still needs to complete wave B and wave C before it climbs again.  Wave C = wave A at 430.  61.8% […]

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MRF Elliottwave

MRF Elliottwave Count

MRF Elliottwave Count : CMP 68,850. Price is currently in 5th wave of larger degree, and is in a 3rd of 3rd wave of this larger 5th wave.  Eventually expected to move above 80,000. Larger time frame chart : Shorter Time frame chart :  

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Axis Bank Elliottwave

AXIS Bank Elliottwave Count

Axis Bank Elliottwave Count : CMP 548 Axis bank appears to be right in the middle of a large 4th wave bullish triangle since its Feb 2015 high of 654.  Wave count as shown is a working hypothesis as the internal wave count within this larger triangle are complex. As of now, expect price in […]

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YES bank elliottwave count short term update

YES bank elliottwave count (short term update) : Quote from post of 27-Oct-2017 “Typically wave 4 of larger degree ends at wave 4 of one smaller degree and sometimes wave 4 of two smaller degrees…. Wave 4 of one smaller degree is at 275.25 and wave 4 of two smaller degrees is at 2 at […]

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BIOCON Elliottwave

BIOCON short term Elliottwave Count Update

Biocon Elliottwave Short Term update : Previous Biocon post was on 4th Nov having topped at 421, quote “Biocon appears to have completed wave D of a 4th wave triangle.  Expect some downside price movement in 3 waves to between 330 – 380 levels before a 5th wave higher eventually takes price to above 500 […]

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