Indian Toners all set for a good upride upto 370/400.
Will go up momentarily and will have to come down to 300/325
Completed correction in ABC waves. Unless it goes for a complex correction, 95 should be the bottom.
Gateway Distriparks - Completed waves (A) and (B) of the correction, and now correcting in wave (C). Correction may end somewhere between 120 and 140, most possibly 125. Then the next progressive wave should start.
Karnata Bank should be bullish looking at this count. 1-2, 1-2 setup.
Manappuram Finance - Seems to have completed 5 waves up. It should at least go below 85. And may even touch 50 depending on how the correctives waves play out.
Correcting in wave . In the long term, it should cross ATH. Foray in the EV segment through JV with Solaris. Mgmt guiding 20-25% revenue growth in FY19. March 2018 quarter already showed improvement.
Sunteck Realty - Seems to have completed wave 3. Now correcting in wave 4. Can't say how much it will correct. May go down to 340. Depending on how the ABC waves develop, it can be more too.
Edelweiss is going up in wave 5 which should peak somewhere between 380 and 480 and then correct in wave (4) down to 250s. The longterm count is bullish. It's kind of buy and forget stock technically.
Butterfly Gandhimathi - Completed ABC waves of wave (4). Steep fall due to poor Q4. Pretty good brand. Turnaround story. May go at least up to 670 in wave (5) and then crash down to 350/400 again.
Kolte Patil seems to have completed 5 waves up from the year 2009. Also it broke 200DMA. The last time it broke 200DMA, it cracked 60% (dropped from 204 to 70s). If it does the same now, expect the price below 150.
Nitin Spinners may come down to 60 levels if it retraces 61.8% of 5 waves it did up.