Analysis of an ouperformer and commodities!
can NSE:APLAPOLLO Outperform the metals & Nifty Index in times to come? carefully bullish if nifty continues to upside!
BEARISH ON YESBANK AS THE DIVERGENCE BETWEEN PRICE & RSI , ICHIMOKU DOWNWARD WEAKNESS
NOT A BUY RECOMMENDATION!!CAN THE STOCK TEST 270 IF 216 IS HELD AS SHOWN IN THE CHART!
NOT A RECOMMENDATION BUT worth a watch! IFF 33.9 is held after crossed!
is wave 3 in unfolding? only time can tell that!
Nifty Auto! a sneak peek into auto sector with EWP!
LONG ON BOSCH WITH FUTURE TARGETS & SL ON CHART
**NOT A RECOMMENDATION TO BUY** A single candle by itself is rarely sufficient reason to forecast an immediate reversal. It could, however, be one clue that the prior trend may be changing. HERE in this chart a Hammer that formed after an extended sell off hinted sth is cooking for the HINDZINC stock as the bears tried to push the stock lower after a large hammer...
short for wave 5 targets & 1 st target at 367 being major prev support followed by 5th wave target of 282!
AN ANTICIPATION USING ELLIOT WAVE ANALYSIS!
SHORT FOR 5 TH WAVE IFF MONDAY SELL OFF CONTINUES OR GAP DOWN OPENING OF @ASIAN PAINT WITH PROBABLE TARGETS WITH HORIZONTAL RED LINES MARKED ON CHART!
LONG ON PNB FOR MONTHS TO COME EXPECTING A GOOD MOVE TO UPSIDE!! SEEMS LIKES BEARS ARE LOOSING TERRITORY!!!
In subwave 1 of 5 th wave , subwave 1 was a leading diagonal, subwave 3 reached 100 % distance of subwave 1, subwave 2 was a simple correction , followed by subwave 4 being a complex sideways correction which was also deep than wave 2 showing alternation, subwave 3 was normal wave meaning being less than 161.8% of wave 1,hence subwave 5 was extended, subwave 5 of...
wave 4 was a flat correction respecting elliot's theory of alternation as wave 2previously was a simple zigzag, wave b ended after retracing between 78.6 to 100 % of wave a, wave c ended very near the wave a low. wave 4 retraced to 38.2% of wave 3's length from bottom of wave 3!