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

usd / inr elliott wave (big picture forecast)

OPEN BELOW LINK TO SEE ABOUT USD / INR ELLIOTT WAVE FORECAST
http://asianmarketsforecast.blogspot.in/2012/11/usdinr-big-picture-forecast.html

BSE BANK INDEX

ELLIOTT WAVE COUNT ON BSE BANK INDEX

BSE BANK INDEX  IS EXTENDING IN EARLY WAVE PROGRESSION IT MEANS MORE RALLY TO COME SOON. BUT IN SHORT TERM VIEW IT CAN FALL IN SIDEWAYS CORRECTIVE MOVE.

BANK IS EXTENDED WHICH I LABELED  AS 1-2 IN PINK , 1-2 IN RED AND 1-2 IN BLUE WHICH IS DIFFERENT DEGREE OF WAVE LABELING . 

DISC REFERS TO WWW.NIFTYELLIOTTWAVE.BLOGSPOT.COM

&

WWW.ASIANMARKETSFORECAST.BLOGSPOT.COM

NIFTY ELLIOTT WAVE

NIFTY ELLIOTT WAVE UPDATE AS ON 21.09.2012

AS PER MY OLD COUNT I LABELED AS 1-2 1-2  FROM 5348 HIGH TO LOW OF 5032 AND ANOTHER WAVE 1 I WAS LABELED AT 5448 TO LOW OF 5217.BUT THAT PRIOR COUNT HAS BEEN CHANGE INTO IRREGULAR FLAT AND I AM COUNTING NOW [1] [2] AND [3] IN ACTION . CLICK ON CHART TO ENLARGE. FROM HERE NIFTY CAN SHOW WEAKNESS AFTER MAKING ONE MORE HIGH . AND AFTER WEAKNESS  BE READY FOR  EARLY OPPORTUNITY TO RIDE  EXTREME BULLISH WAVE .  WE ARE IN MINOR WAVE 3.

DISC. REFERS TO WWW.NIFTYELLIOTTWAVE.BLOGSPOT.COM
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