Dino_Naidu

Elliot wave Analysis # Bearish Sequence Nifty Infra Index Scrips

Short
NSE:ACC   ACC LTD
NSE:ACC NSE:ULTRACEMCO

ULTRATECH CEMMENT
Daily Bar (log scale)
Bearish Sequence
1st Motive, i.e., Impulse move finished @ 6944.20 level

Our Upside target was @ 6974.85 but the stock reversed from 6944.20 level

We are expecting a fall in ULTRATECH CEMENT in coming weeks

ACC LTD
Daily Bars (log scale)
Bearish Sequence
Wave 5 of 2 in Progress, but there's still room left for ACC
Next Projected target towards downside is @ 1702 level

Disclaimer: Any of our investment or trades we share on our blog are provided for educational purposes only and do not constitute specific financial, trading or investment advice. The blog is intended to provide educational information only and does not attempt to give you advice that relates to your specific circumstances.

Elliot wave Analysis, All types of Asset classes are covered like, Indices, Stocks, Currencies and commodities.

Comments

isn't the 5th wave of 1st motive incomplete considering it should be having 5 sub wave of which only 2 are visible?????BTW great in depth analysis.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out