Saturday, July 28, 2012

NIFTY ELLIOTT WAVE ("DARE TO FORECAST ?")


I WOULD LIKE TO LABEL IT AS 1 - 2 , 1 - 2. (EXTREME EXTENSION COULD TAKE PLACE IN FUTURE)   NIFTY AT WAVE JUNCTURE AT THIS MOVEMENT. 

Tuesday, July 24, 2012

nifty elliott wave

alternative two count with current trend (click on chart to enlarge it)

Monday, July 23, 2012

INDIA VIX


INDIA VIX  
ABOVE CHART TOUCHED LOWER TRENDLINE AND SOME OF INDICATORS PROVIDED +VE DIVERGENCE. SENTIMENT FOR SENSEX LOOKS WEAKER.

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.)