- January 2, 2018
- Posted by: Ramki Ramakrishnan
- Category: Indian Stocks Trading
On 10 December 2017, I had posted the Elliott Wave analysis of UCAL Fuel Systems on this blog. At that time, the stock had closed at 195.75. Guess how high it rallied before the year end? It went to a high of 330, a whopping 68% gain. But even if you couldn’t get your hands on it immediately, an alert trader could have purchased it on 18 December when it dipped to 227. Even if you had purchased at 230, you would have made over 40% in just 10 days. Now that is the power of Elliott Waves! Here is the latest chart of UCAL Fuel Systems.