Monday, June 24, 2013

BANK NIFTY ELLIOTT WAVE UPDATE

BANK NIFTY ELLIOTT WAVE UPDATE

15MIN CHART SHOWS CLEAR 5 WAVE DECLINE AND WAVE 5TH ENDED IN DIAGONAL.
ANY MOVEMENT ABOVE 11248 WILL TAKE BANKNIFTY TOWARDS 11384. MORE UPDATE SOON.......
 LONG TERM COUNT  WILL BE CHANGE BELOW 10897 (INVALIDATION).......


NIFTY SPOT LONG TERM WAVE COUNT INVALIDATION @ 5487.....................

Saturday, June 22, 2013

nifty elliott wave update

nifty elliott wave update
after invalidating wave count on nifty .here is alternative wave count .

below chart shows 5 wave decline in wave c.
click on below chart to enlarge it.

nifty elliott wave count shows double zigzag.

alternative wave count in red line & in pink line click on chart to enlarge it.

explanation is given with chart 




soon more update will be done on large degree of nifty..........................
such wave development will take time to develop the structure of wave

Monday, June 17, 2013

#NIFTY & #BANK NIFTY ELLIOTT WAVE UPDATE


ELLIOTT WAVE NIFTY UPDATE .
AS PREDICTED WAVE C WILL DECLINE.NOW WAVE C GETS OVER AND FROM HERE WE WILL SEE NEW 5 WAVE IMPULSIVE IN ONE LARGER DEGREE.
CONTINUE READING WITH LAST POST ON NIFTY ELLIOTT WAVE UPDATE.
BELOW CHART SHOWS 5 WAVE UP WITH ALTERNATIVE COUNT OF 1 AND 2.
INVALIDATION TO BULL WAVE COUNT BELOW   5680.IF 5680 WILL NOT INVALIDATE THAN WE WILL SEE 
MORE UPSIDE IN NIFTY.MORE UPDATE SOON............


BANK NIFTY ELLIOTT WAVE UPDATE
BANK NIFTY SHOWS CLEAR 5 WAVE DECLINE IN WAVE C .
AND YELLOW BOX SHOWS THE SAME WAVE COUNT AS NIFTY IMPULSIVE.CLICK ON CHART TO ENLARGE IT.

MORE UPDATE SOON ON BANK NIFTY ...................




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Thursday, May 30, 2013

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