Friday, November 21, 2014

Right time to buy is now by Mamta

I had post a chart for granules few days back.The right time it seems to buy is now once it crosses 800.cmp 790 once it crosses 800 momentum should  build up and take it higher 50-60 pts.

Wednesday, November 19, 2014

Update on Tril by Abhishek Mittal

Tril posted as a buy at 177 quoted a high of 196 today.11% in two days.Long positions can still be held on to for short term target 202 medium term :205.                                                 

Tuesday, November 18, 2014

ONGC by Abhishek Mittal


TRIL by Abhishek Mittal

Transformers and rectifiers ltd.

Using elliot waves to pick bottoms (SUZLON) by Abhishek Mittal

This setup fetched a buy call on suzlon at 12.45.It today quoted a high of 15.65 a whooping 25% gain in such a short span.This is how elliot waves can be used to pick bottoms.

Granules India by Mamta

Granules India can be bought for short/medium term.For details look at the following chart.

Tuesday, November 11, 2014

Natural Gas and Silver by Atul

Wednesday, November 5, 2014

Axis Bank Elliott Wave Analysis Report

When I see at this chart closely, it seems that just inner wave (3) of bigger 3 is in progress and inner wave (4) and (5) of bigger 3 followed by bigger 4 and bigger 5 is still pending. I will hold my full position till the end of bigger wave 3 or till my trailing stoploss hits. Will cover my 50% at end of big wave 3 and will hold rest 50% for bigger wave 5.

Monday, November 3, 2014

Correction is Possible in Nifty from 8359-8418 Range - Elliott Wave Analysis by Deepak Kumar

By analyzing every probability and analyzing all higher degree, lower degree and lowest degree waves, it seems a correction from 8359 to 8418 levels. Correction may be of 70 to 120 points or till 8000. Nifty can be sold lightly at top after seeing the waves and downward reaction with stoploss. But never trade without stoploss as Nifty can go very higher if it is wave (3) started from 7986. Trading light in 8250 and 8200 put would be safer for low risk trades. 
Read detailed Analysis Report Here....  Correction is Possible in Nifty from 8359-8418 Range

Tuesday, October 28, 2014

Frequently Asked Questions about Elliott's Wave Theory

I received many questions in my inbox asking about Elliott Wave Theory and my book "Practical Application of Elliott's Wave Principles" and most of the questions are same. As, I can't answer every questions one by one, I answered some of these question on this webpage and will answer more when I will get. Visit Frequently Asked Questions About Elliott Wave Theory