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Completed the ABC correction and expected to start new wave
INFY
, D
Education
INFY: Completed the ABC correction and expected to start new wave
Updated 

Completed the ABC correction and expected to start new wave of impulsive ... also AB=CD is visible on the latest price action

Bullish ABCD is forming
NIFTY
, 60
Education
NIFTY: Bullish ABCD is forming
Updated 

After a correction from the recent high the Nifty is likely to complete Bullish ABCD pattern around 11625. Therefor we may witness some recovery from that levels.

Corrective C is likely to end around 11620
NIFTY
, 60
Education
NIFTY: Corrective C is likely to end around 11620
Updated 

Wave C = Wave A around 11625

Avoid pharma stocks for the time being?
CNXPHARMA
, 1M
Education
CNXPHARMA: Avoid pharma stocks for the time being?

The Pharm index has found resistance around 70% retracement of its previous fall and slipped lower to confirm a harmonic pattern.

Moved above previous swing high
UPL
, 60
Education
UPL: Moved above previous swing high

Also a BAMM is formed on the hourly chart... should take the price (CD leg ) to 835-838 where lies the 88.60 retracement of XA

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