infy elliott wave

INFY ELLIOTT WAVE COUNT ON 60 MINS .
INFY COMPLETED IT'S 5 WAVE DECLINE. AND FROM HERE IT CAN TOUCH 2380-2400 KIND OF LEVEL IN ALTERNATIVE LABELING. AND NICE INVERTED H & S PATTERN CAN LIKELY. IT COULD BE NEXT (1-2-3-4-5) OR (A-B-C).IF INFY MOVED INTO 1-2-3-4-5 THAN IT'S SUPER BULL TIME BACK. HOPE FOR BEST   :)

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. 

nifty elliott wave

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

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.)