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..............

like us - http://www.facebook.com/NiftyElliottWave

join group - http://www.facebook.com/groups/110996705696814/

blog - http://niftyelliottwave.blogspot.in/

FeedBurner URL - http://feeds.feedburner.com/NiftyElliottWave

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 FORECAST

NIFTY IS MOVING TOWARDS IT'S WAVE B. AND WAVE B ALMOST RETRACED .618 OF LENGTH OF WAVE A.WAVE B IS MOVING IN DOUBLE ZIGZAG PATTERN (A-B-C-X-A-B-C).
CONFIRMATION TO WAVE C ONLY BELOW 6055.INVALIDATION TO COUNT 6230.
TREND CHANNEL SHOWING CLEAR PRICE RANGE. ONCE LOWER TREND LINE BROKEN THAN WAVE C WILL REMAIN IN ACTION BUT CONFIRMATION TO COUNT OF WAVE C IS ONLY BELOW 6055.MORE UPDATE SOON............ RED LINE SHOWING POSSIBLE MOVEMENT OF NIFTY.

 
CURRENT POST WAVE COUNTING IS CONNECTED WITH LAST POST.....

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

NIFTY ELLIOTT WAVE
NIFTY IS MOVING TOWARDS IT'S [V]  WAVE TO COMPLETE IT'S FINAL MOVE OF WAVE 5 (EXPANDING DIAGONAL).WAVE COUNTING CONTINUOUS WITH LAST POST.
MORE UPDATE SOON........... 

NIFTY ELLIOTT WAVE UPDATE

ELLIOTT WAVE UPDATE
LOOKING AT WAVE PATTERN IT SUGGEST EXPANDING DIAGONAL IN WAVE 5.WAVE i AND WAVE iv IS OVERLAPPING THE WAVE. WAVE iii OF 5 AND WAVE iv OF 5 RETRACEMENT OF 1.618 @ 6204.SO UPSIDE MOVE OF THE TREND CAN MOVE TOWARDS 6204.CONTINUING WAVE COUNTING OF http://niftyelliottwave.blogspot.in/2013/05/nifty-elliott-wave.html . LAST POST OF WAVE COUNTING ALSO COUNTED IN ALTERNATIVE POSSIBILITY .WAVE COUNTING CONFIRMATION AND INVALIDATION POINT WILL BE NOT MENTION IN CURRENT POST SUCH PATTERN NEEDS TIME TO DEVELOP,WAIT FOR THE COMPLETE TREND TO OCCUR.

NIFTY ELLIOTT WAVE UPDATE

TODAY'S UP MOVE WILL BE A WAVE B OF IRREGULAR FLAT. OTHER ALTERNATIVE POSSIBILITY SHOWN IN ABOVE CHART.(CLICK ON CHART TO ENLARGE IT.) WAVE C WILL BE THE MOST INTERESTING WAVE TO WATCH OUT IT COULD BE FAIL MOVE OF IRREGULAR FLAT OR IT WILL BE COMPLETE IRREGULAR MOVE CAN TAKE PLACE. FORECAST IS CONTINUED WITH  LAST POST OF WAVE COUNTING ON NIFTY http://niftyelliottwave.blogspot.in/2013/05/nifty-elliott-wave.html  MORE UPDATE SOON...................

READER'S NOTE: FOR READING ABOVE CHART AND WHAT  WILL BE PRESENTED IN CHART ONE SHOULD HAVE KNOWLEDGE ABOUT ELLIOTT WAVE  THEORY AND BASIC TECHNICAL KNOWLEDGE.  

NIFTY ELLIOTT WAVE

NIFTY AS PER 10.05.2013 .

ELLIOTT WAVE PRINCIPAL HELPS YOU TO IDENTIFY CHANGE IN TREND EARLY.

HERE IS THE CURRENT EXAMPLE OF NIFTY CHART FOR NEW LEARNER OF WAVE PRINCIPAL .

WAVE NOTES:-

WAVE 1 NORMAL SIZABLE MOVE  (5 wave up in pattern )

WAVE 2 ZIGZAG

WAVE 3 EXTENSION

WAVE 4 COMPLEX

WAVE 5 ( 5 WAVE UP) 

CHECK OUT WITH CURRENT NIFTY CHART 60 MINS .

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

MARUTI ELLIOTT WAVE COUNT

MARUTI ELLIOTT WAVE COUNT

MARUTI COUNT IN ONE LARGER DEGREE (EXTENSION WAVE )ABOVE CHART GIVES  YOU A CLEAR PICTURE ABOUT WHAT NEXT IN MARUTI .

NEW LEARNER OF WAVE PRINCIPAL CAN OBSERVE CLEAR 5 WAVE UP THAN 3 DOWN.

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