Stocks Update : Biocon, Asian paint

Asian Paint:

My analysis that wave (B) of bigger degree post ED completed was not correct. The wave is yet to complete and ED in wave C of (B) is still in progress. Wave(iv) of ED in progress/completed and price should move up to complete wave(v) of ED. That will complete wave(B) and then we may see big fall in wave(C).

Biocon:

The bigger degree wave (B) post ED is seems to be completed now. Minor wave B of (B) is Irregular correction. We should see a sharp fall in wave(C).

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