NIFTY ELLOITT WAVE UPDATE

#NIFTY CURRENT TREND SUPPORT AT 6230. WE HAVE CLEAR DOUBLE ZIGZAG AND TO COMPLETE WAVE DEGREE NEXT WAVE WILL TRIGGER 6150 AND THAT WILL CONFIRM WAVE.

CHECK OUT BELOW CHART .
COMPLETE EXPLANATION IS GIVEN ON CHART.

*(CLICK ON CHART TO ENLARGE IT)

NIFTY ELLIOTT WAVE UPDATE

PREFER-ED WAVE COUNT- WAVE 5 NEAR AN END OF IMPULSE.

CURRENT TREND- UP

CURRENT WAVE NOTE- WAVE 5 CAN BE DIAGONAL,TRUNCATED (FAIL),NOT EXTENDED BECAUSE WAVE 3 IS EXTENDED  

NEXT WAVE POSSIBILITY- WAVE A

FIBONACCI LEVEL FOR NEXT WAVE- STILL DEGREE OF IMPULSE IS NOT COMPLETE ANY MOVEMENT BELOW 6150 WILL CONFIRM WAVE 5 CYCLE IS OVER AN WAVE IS IN CORRECTIVE MODE.

TREND-LINE- PARALLEL LINE IS TO WATCH OUT.

SHORT SUMMARY- DURING DAY TRADE ANY MOVEMENT BELOW 6250 WILL TRADE IN BEAR SIDE.

 

# ALTERNATIVE WAVE LABELING IS NOT MENTION ABOVE.

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NIFTY NEXT TREND IS HERE .............

CHART IS CLEAR TO UNDERSTAND NO EXPLANATION NEEDED

CLICK ON CHART TO ENLARGE IT.

NIFTY ELLIOTT WAVE

NEXT BIG IMPULSE IS KNOCKING THE DOOR OR STILL A DREAM ???



BELOW CHART IS SHOWING NIFTY WEEKLY WAVE COUNT.

WAVE 1 INTERMEDIATE  IS ENDED IN DIAGONAL.IN THAT WAVE 1 AND WAVE 4 IS OVERLAPPING. CLICK ON CHART TO ENLARGE IT.

NIFTY ELLIOTT WAVE COUNT ON WAVE 2 INTERMEDIATE  OF MINOR WAVE COUNT A-B-C.IN THAT WAVE C IS NEAR AN ENDED WITH IT'S 5 SUB DIVIDED WAVE.

NEXT WAVE CONFIRMATION AT MINOR DEGREE IS ONLY ABOVE 5755 .

CLICK ON CHART TO ENLARGE IT.

WAVE INTERMEDIATE 3 CAN START SOON OR FURTHER ZIGZAG (W-Y-Z).

MORE UPDATE SOON...........

                                                                      HAPPY TRADING & INVESTING,

                                          WITH REGARDS,

                                                                       DARSHAN SHAH, ELLIOTTICIAN

            

  

nifty elliott wave update

nifty elliott wave update

after invalidating wave count on nifty .here is alternative wave count .

below chart shows 5 wave decline in wave c.

click on below chart to enlarge it.

nifty elliott wave count shows double zigzag.

alternative wave count in red line & in pink line click on chart to enlarge it.

explanation is given with chart 

soon more update will be done on large degree of nifty..........................
such wave development will take time to develop the structure of wave

#NIFTY & #BANK NIFTY ELLIOTT WAVE UPDATE

ELLIOTT WAVE NIFTY UPDATE .

AS PREDICTED WAVE C WILL DECLINE.NOW WAVE C GETS OVER AND FROM HERE WE WILL SEE NEW 5 WAVE IMPULSIVE IN ONE LARGER DEGREE.

CONTINUE READING WITH LAST POST ON NIFTY ELLIOTT WAVE UPDATE.

BELOW CHART SHOWS 5 WAVE UP WITH ALTERNATIVE COUNT OF 1 AND 2.

INVALIDATION TO BULL WAVE COUNT BELOW   5680.IF 5680 WILL NOT INVALIDATE THAN WE WILL SEE 

MORE UPSIDE IN NIFTY.MORE UPDATE SOON............

BANK NIFTY ELLIOTT WAVE UPDATE

BANK NIFTY SHOWS CLEAR 5 WAVE DECLINE IN WAVE C .

AND YELLOW BOX SHOWS THE SAME WAVE COUNT AS NIFTY IMPULSIVE.CLICK ON CHART TO ENLARGE IT.

MORE UPDATE SOON ON BANK NIFTY ...................

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NIFTY ELLIOTT WAVE INTRADAY

FOR WAVE C , CONFIRMATION NEEDED AND IT WILL CONFIRM BELOW 6055.
WAVE B AND WAVE 5 UPPER TREND LINE IS ACTING AS STRONG RESISTANCE.
CLICK ON BELOW CHART TO ENLARGE IT . MORE UPDATE SOON..............

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nifty elliott wave intraday update

nifty is moving in wave c. confirmation of wave c below 6055. wave b lower trend line is broken.
click on below chart to enlarge it. more update soon................ nifty next possible target   5800.

NIFTY ELLIOTT WAVE INTRADAY UPDATE

WAVE A OF 5 WHICH IS EXTENSION WHICH COMPLETE  WAVE A NOW NIFTY IS MOVING TOWARDS IT'S WAVE B. WAVE B CAN RETRACE AT .618 OF WAVE A. PARALLEL  TREELINE OF WAVE B SHOWS CLEAR PATTERN ZIGZAG (DOUBLE , TRIPLE ?). INVALIDATION TO COUNT 6230 . SUCH PATTERN DEVELOPMENT TAKES TIME TO DEVELOP.  MORE UPDATE SOON................

NIFTY ELLIOTT WAVE

TREND LINES  SHOWS MORE CLEAR PICTURE OF PROGRESSION AND BREAK OUT AND SUPPORT IF CURRENT TREND BREAKS SUPPORT TREND LINE THAN SUCH FALL COULD TAKE PLACE.  (CLICK ON CHART TO ENLARGE )

 

  NIFTY EXTENSION 1-2, 1-2 ????   OR 5 WAVE END IN ALTERNATIVE COUNT

FROM MAIN COUNT SOON BIG MOVE CAN TAKE PLACE MANY OF ELLIOTT WAVE PRACTITIONER  MAY NOT SATISFY WITH CURRENT COUNT BUT TIME WILL TELL MORE ACTIONABLE MOVE IN BELOW CHART I HAVE MENTIONED 1-2 IN GREEN BOX THAT IS MINOR COUNT WAVE ,BLUE BOX WAVE  SUGGEST RUNNING FLAT,RED BOX WAVE IS ALSO FLAT AND FINAL PINK BOX WAVE COUNT IS ALSO COMPLEX IN RISING TREND I DON'T SEE AND SHARP WAVE .(CLICK ON CHART TO ENLARGE )

NIFTY 60 MINS CHART

SUGGEST CURRENT COUNT INVALIDATION AT 4840. 

(CLICK ON CHART TO ENLARGE )

DISC.REFERS TO WWW.NIFTYELLIOTTWAVE.BLOGSPOT.COM

nifty elliott wave

nifty 60 mins chart with elliott wave count update :-

nifty is in wave 4 of zigzag count. if wave 4 trigger the wave 1 top which is 5124 than wave 3 minor turns to extension invalidation to extension count below 5017.

(click on chart to enlarge it.)

NIFTY ELLIOTT WAVE

NIFTY INTRADAY 5 MIN CHART
IN ABOVE CHART WAVE A DONE WAVE B ? (WAVE B CAN BE COMBINATION) SOON WAVE C WILL DECLINE AND NIFTY WILL FALL BELOW 5000 AND IT CAN RETRACED UP TO .618 OF WAVE 1 AT 4930 AROUND. 

NIFTY ELLIOTT WAVE

NIFTY DONE IT WAVE 1 IN THAT WAVE 5 (BLUE) SEEN AS ENDING DIAGONAL

WAVE 2 WILL FALL AND RETRACE UP TO  4930 AT .618 OF WAVE 1.

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.

    WWW.NIFTYELLIOTTWAVE.BLOGSPOT.COM 

nifty intraday elliott wave update

risky trader buy nifty with spot sl of 5360