Friday, June 8, 2012

NIFTY ELLIOTT WAVE

NIFTY DAILY CHART
IN BELOW CHART NIFTY DONE IT'S WAVE 2 MINOR IN (A-B-C) CORRECTIVE WAVE .WAVE 3 MINOR IS IN PROGRESSION. WAVE i WILL STOP AROUND 5122 .CLICK  IN ON BELOW CHART TO ENLARGE IT. 
NIFTY 60 MIN CHART
IN BELOW CHART NIFTY IS RUNNING IN 5 WAVE MOTIVE STRUCTURE.
WAVE 4 REMAINS AS IRREGULAR FLAT. WAVE 5 IS IN PROGRESSION. WAVE 1 IS NEAR AN END ALMOST WAVE 2 MINUTE WILL DECLINE UP TO 4940-4900 KIND OF LEVEL.TREND LINE WILL ACT AS STRONG RESISTANCE LINE . CLICK  IN ON BELOW CHART TO ENLARGE IT.


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