BAJAJ AUTO - Elliott Wave Predication comes true!!!

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Daily Chart of BAJAJ AUTO

Nestle India - Works Perfectly as per the predication on 17 Jan 2016

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17 Jan 2016 - Nestle Daily Chart -

We have already mentioned that Nestle Correction was due and will get reversal soon..Same time suggested SIP strategy to invest in Nestle..

Within a month Nestle made a low of 4981 on 29 Feb 2016 and reversed from there till. CMP price is 7078

Price appreciated almost 42% in 5 months!!!!

Below is the current Daily Chart of Nestle India
23 Jan 2016 - Nestle Daily Chart -

Yogi!!!

Morepen Lab - Multibagger Potential

Technical Analysis for Long Term Holding 

Monthly Chart - 

* Trendline Breakout with RSI shift Range with good volume
* Currently Price is facing Resistance Zone
* From All time low, Price Recover with fast Momentum
* Every fall is the opportunity to accumulate this stock for Target Price of 250
* Multibagger Potential


Weekly Chart - 

* RSI is taking multiple support at 45 level which indicate strength is not ready to move to negative
* Support Zone is 17.5 - 18 price level which is also 61.8 fib level
* Good Reversal is expected from the support zone mentioned


Daily Chart - 

* Very Complex Sideways correction "W-X-Y" Pattern is running as of now
* Currently Price is in "X" wave and it could be the triangle of 5 leg or Diametric pattern of 7 leg.
* But it is most likelihood that correction pattern will retest the CUP & HANDLE Breakout level before its biggest rally start
* We don't know what will happen and which pattern is forming in the correction but at the end we know that price is going to blast towards upside after correction...
* why don't we think of SIP investment method to minimize the risk and catch rally of Multibagger potential candidate.   

ACC - Anticipated Target was exactly Happened

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What we anticipated target path on 28 May 2016 shown below ACC future Chart - 

Exactly Happened till now 15 Jun 2016