PE_Ratio
Seems BEPL has completed 5 waves up. ABC Correction should take it below 150.
Elliott Wave count for JHS Svendgaard. Finished 5 waves up and now correcting in ABC pattern. May reach the 40/50 levels.
Wave 3 is ongoing. Will peak around 950 and then correct in wave 4.
Ashok Leyland will complete five waves up around 165. After every five waves up, there will be 3 wave correction. That should bring the price down to 70/80/90 levels.
Wave 3 of Wave (3) seems to have started. Huge upmove possible.
Thirumalai Chemicals completed 5 minor waves up completing wave (3). Now correcting in wave (4). It might correct upto 1000 in a span of 12 to 15 months.
SpiceJet may correct upto 80 levels. Then the next (outer degree) wave up will start.
There may be one last leg of correction to complete wave C before it starts its next leg of upmove