GOLD SPOT PRICE ANALYSIS Elliott Wave projections indicates a target near $1756 to 1796 odd levels. Gold already touched its historical high today @ 1747.422 level. SAFE HEAVEN
FEDERAL BANK, Elliot Wave Analysis
Already the rally has been started in GLENMARK PHARMA, We are in the Impulse wave right now. Three way possibilities, either the price can go up till 354.60 ,414.25 or 473.85 levels as per weekly time frame. After reaching out the Target, we can expect a big fall in the price as per 5th wave
Crude Oil Short view as per Elliot wave analysis
Confirmation to Buy TECHM @ 356.65 to 390 level With the Target price of 660.90 level TECHM, has the tendency to breach till the below 470 level Positional Call
M &M is offering a neutral stance, holding below the 61.8% retracement of its latest daily advance at 350 level, also the daily low was @ 312.80. In the Daily chart, the stock has a potential to reach till 377 & 417 odd levels, converging with the 50% retracement of the same rally. Support levels: 271.35, 265.50, 245.40 Resistance levels: 377.30, 417.90
For every folks (investors) out there, my Elliot wave analysis is based on weekly or monthly time frame for long term Equity asset class (stocks) & Forex Market. My study is based on Ralph Elliot, Elliott Wave Theory is a method of technical analysis that looks for redcurrant long-term price patterns related to persistent changes in investor sentiment and...