SHANGHAI ELLIOTT WAVE FORECAST

SHANGHAI ELLIOTT WAVE FORECAST

MY FORECAST ON CHINA AS ON 5TH SEPTEMBER 2012.

THAT CHINA IS IN WAVE 3.

CURRENT PICTURE OF CHINA.

WAVE 3 END AND WAVE 4 IS  IN ACTION SOON WAVE 5 WILL DECLINE TO COMPLETE IT'S STRUCTURE .

POSSIBILITY OF DIAGONAL (CLICK ON CHART TO ENLARGE IT).

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

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