Saturday, March 17, 2012

NIFTY ELLIOTT WAVE UPDATE



CLICK ON CHART TO ENLARGE IT. IN ABOVE CHART WAVE 1 IS SUB DIVIDED INTO 5 WAVE. AND WAVE 2 IS STILL UNCONFIRMED (A-B-C-X-A-B-C). BUT WAVE 2 WHICH IS ALMOST RETRACED .618 OF WAVE 1 IN SHARP CORRECTION. OUR INVALIDATION TO COUNT AT 5172 BELOW. (WE ARE STILL IN BULLISH COUNT OF 5600 ++ NIFTY OR 5900-6000 NIFTY, IF WAVE 5 NOT TRUNCATED THAN ONLY)SOON WE UPDATE ABOUT NEXT NIFTY MOVE .........

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