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

nifty elliott wave [ ROAD MAP]

nifty elliott wave

in my last post i have posted extension wave with 1-2,i-ii but due to technical fault i haven't uploaded such information.

http://asianmarketsforecast.blogspot.in/2013/03/nifty-elliott-wave.html

for completing wave structure-  wave 1 which was labeled with extension mark for that extension nifty has to go below 5548. than the count for wave 3 extension  can be countable.if wave ii of extension wave will not fall below 5548 than wave 3 will be countable as 5th wave extension for wave 3.

BELOW PICTURE WILL SHOWS THE ROAD MAP OF NIFTY

[compare with last forecast or nifty chart........]

nifty elliott wave extension

nifty elliott wave forecast :

high possibility of big wave. current rally from 5660 to 5953 show 5 wave up less possibility of alternative A-B-C. in larger degree wave is in extension move 1-2 , i-ii .big move confirmation only above 5972. and invalidation to wave 3 forecast at 5660. alternative possibility if 5660 breaks than a-b-c can take place in minor wave counting degree.super bull is back.

click on chart to enlarge