BAJAJ AUTO - Elliott Wave Predication comes true!!!

Click Here to Check All Post of Bajaj AUTO -
http://yogeshtamkhade.blogspot.in/search/label/Bajaj%20Auto

Daily Chart of BAJAJ AUTO

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

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http://yogeshtamkhade.blogspot.in/search/label/Nestle%20India

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

Click Here see All Previous Post of - ACC

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

Exactly Happened till now 15 Jun 2016

Mcleod Russel - Point & Figure Analysis

Long term Chart - 5% x 3 Rev Chart 



Mid term Chart - 1% x 3 Rev Chart




Short term Chart - 0.25% x 3 Rev Chart


Looks very Good on Double Top BUY positional for Target of 240.


Happy Investing and Happy Trading!!!

Yogi

ADANI PORT & SEZ Multiframe Technical Study - June 2016

Monthly Chart - 

* Price Slide down after breakdown and making new high in 2015
* Currently Price tested the previous breakout level and support zone
* Support zone is between 100 - 170 level
* As per Elliott wave, Previous complete upmove is Zigzag pattern of ABC wave of B wave of higher timeframe.
* Currently Down move is in C wave of higher timeframe.
* RSI is showing type2 positive Divergence after Hidden PD....
* Also Monthly RSI testing the 40 level of 80-40 bullish range.



Weekly Chart - 


* After Making Low of 180.55, Price showing some strength and inching Northward slightly since 2 weeks.
* Any fall will be buying opportunity for the target of 250 in coming 2 months.



Daily Chart - 



* As per above weekly chart, We are Flat correction pattern as ABC, but as per Neowave, price is not fulfilled the reversal condition and Hence this could be the part of previous downmove correction.
* Further Price movement will confirm the reversal Pattern

Adani Port: - Post Analysis Study

Due to time constraint, couldn't update the post daily for every analysis... One good post which was pending to update since long time... which we identify for Option Strangle setup on 3 May which was work very well.. .

Setup Study -

* Triangle Pattern on chart and Hence Break can expect on either  side of the triangle which side don't know?
* Hence decided to play with Option strangle as volatility was expected due to result on next day.
* Selected the Strike price as per below

Anticipated and Happened : -

 26 May 2016

See the result chart and Profit Potential of Strangle Option Trade -