vivek159

vivek159

after a huge volume on previous day its going to break out of its previous impulse elliot wave structure and and into its all time high levels. one can invest in this stock for multifold returns

vivek159

After a perfect retracement of 4th wave we are in all probability heading to a new high ie 5th wave

vivek159

After a long period of accumulation as it seems the stock prepares to go into an upward trajectory after it crosses the blue line and gives a closing above it with good volumes. We have already seen it gathering volume in its upmove which all the more points to a probable breakout scenario

vivek159

The second wave of the 5th wave has exactly retraced to the tune of.. 78% of wave 1 of 5th wave moving ahead we can put a sl at the swing low and expect it to move to a new life time high

vivek159

Can test levels of 4 wave soon

vivek159

AFTER COMPLETING ITS FIRST IMPULSE WAVE ON MONTHLY CHART ASHOKLEYLAND HAS COMPLETED WAVE 1 & 2 OF A NEW IMPULSE WAVE WITH WAVE 2 RECTRACING EXACTLY .618 OF WAVE 1 WHICH GIVES MORE CONFIDENCE TO GO LONG ONE CAN BUY THE STOCK FOR LONG TERM WITH STOP BELOW RETRACEMENT LEVEL OF .786 FOR REALLY HANDSOME RETURN OVER LONG PERIOD OF TIME

vivek159

TCS SEEMS TO BE IN A LONG TERM SIDE WAYS CORRECTIVE MOVEMENT FOR WAVE 5 A BREAK AND CLOSE ABOVE THE CURRENT SIDE WAYS MOVEMENT WILL RESULT IN A HANDSOME RETURN FOR LONG TERM INVESTORS