mnvn_09

mnvn_09 Updated 

Minda Industries formed ascending triangle. The stock is stuck in 400-440 channel, a breakout on either side would decide the course of path.

mnvn_09

Need to see if 50&200 SMA cross over happens sooner

mnvn_09

Thanks to Govt, all the sugar stocks are now in bullish trend.

mnvn_09

Nifty Pharma is in for a correction and then the run will resume and then expecting the subwave ((v)) of new wave (1) gonna end and then expecting it to join the correction with Nifty in 2019. Disc: Not a trading Idea, for eduction purpose only.

mnvn_09

Manappuram done with 5 wave up, now it's in corrective waves. This is the chart which i posted in another blog when the price was above 100. forum.valuepickr.com Expecting to find the bottom somewhere in 70s. A head and shoulder patter in wave 5 will doubly ensure, the correction is on cards. Considering the 127.75 as the top. This is how it can...

mnvn_09

The current elliott impulsive wave has started from 2009, and the last impulsive wave of 5 is going on at present, also the subwave of wave 5 is maturing too, all in all we are heading for a correction. Most of the times, the wave 5 would reflect wave 1’s character. In that case, Nifty would top around 12600-12700 (applying same length of wave 1). In case if the...

mnvn_09

IndoCount industries starting a fresh Elliott wave cycle. - Stronger USD will support the companies profit - Good monsoon will decrease the cotton price, which will have positive impact on the company

mnvn_09

Essel propack is setting itself to start the wave 5.