Monday, February 27, 2012

NIFTY ELLIOTT WAVE


ALTERATION ALTERATION AND ALTERATION . NIFTY IN WAVE 4 IN A-B-C ?? IT MAY BE TRIANGLE , FLAT , ZIAGZAG & FLAT (COMBINATION). STILL UNCLEAR THE STORY TO TELL.LOL... BUT YES WAVE 4 CAN RETRACE .382 MEANS 5227 IS THE IMP SUPPORT LEVEL TO WATCHOUT.

Saturday, February 25, 2012

NIFTY ELLIOTT WAVE




IN ABOVE NIFTY CHART WE HAVE CLEAR 5 WAVE MOVE. CONFIRMATION ABOVE 5455-5460. WITH POSSIBLE UPSWING WITH 5494-5519-5544.INVALIDATION BELOW 5405.

Wednesday, February 22, 2012

NIFTY ELLIOTT WAVE


IN ABOVE CHART NIFTY 5 MINS ELLIOTT WAVE COUNT AS PER FORECASTING OF WAVE 3 MINUTE IS NEAR AN END. WITH CONFIMATION TO WAVE 4 BELOW 5588.IN LAST POST MY INVLIDATION POINT WAS 5621 BUT THAT POINT TRIGGERD IN EARLY TRADE WITH ALTERNATIVE EXTENSION OR DIAGONAL COUNT.WE HAVE LITTLE DIFFECULT DIAGONAL WAVE 3 IS SHORTER THAN WAVE 1 THAT CONDITION CLEARLY SEEN. IN WAVE 5 OF DIAGONAL WAVE 5 IS SHORTER THAN WAVE 3 ALL CONDITION DONE. I SHOWED THAT IN YELLOW ON CHART. HERE IS WAVE 4 CLEARLY ENTERED AND NOW ALT IN A OR 1 ??????.....(5-3-5)FOR FLAT / (3-3-3-3-3) TRIANGLE ?????????.

Tuesday, February 21, 2012

NIFTY ELLIOTT WAVE



IN ABOVE 5 MIN NIFTY CHART CLEARLY 5 WAVE ENDED.WITH WAVE 3 MINUTE FOLDING.OUR INVALIDATION TO COUNT ABOVE 5621(IF EXTENSION THAN ONLY). BELOW 5588 CONFIRMATION TO WAVE 4 MINUTE IN PROGRESSION. WAVE 4 MINUTE ONLY CAN COMPLEX BECZ WAVE 2 IS SHARPE.WAVE 4 CAN BE COMBINATION,FLAT,TRIANGLE.




IN ABOVE CHART NIFTY ENDED WAVE 3 MINUTE CLEARLY WITH COUNT OF 1 - 2 - 3 . 4 AND 5 TO GO. WAVE 4 CAN BE FALL UPTO .382 OR .238 OF FIBONACCI RETRACEMENT FROM WAVE 2 BOTTAM TO WAVE 3 TOP POSSIBLE TRG - 5227 AROUND IF .382 OR 5376 AROUND IF .238.