just an idea of irregular flat (not look like 3-3-5)?????

wave2 of wave c ended in diagonal.than wave 1 of 5 sub count seen perfectly in the sub 5 count wave 1 is larger than wave 3 and wave 5.as per rules and guidelines wave 3 never be shortest.and in wave 5 sub count wave 5 truncate.that is wave 1 of([1][2][3][4][5]).than wave [A] is diagonal.wave [B] looks very clear.wave [C] should be more than wave [a] if irregular flat is there than nifty will come around and above 4840.

nifty h & s pattern

in below nifty daily chart h & s pattern tells more decline.head and the declining neckline length/height 5400-4700(neckline)=700.means below 4639-700 pts = 3939.and in this h & s pattern elliott wave count says wave 3 is more powerful (free fall).so nifty can come around 3939.

nifty elliott wave count 13/12/2011

in below chart possible of alteration
chart 1 wave 5 can be extension with invalidation at 4848.
chart 2 wave 3 can also extent and more fall can possible.
but chart 2 is less likly possible.

chart 1



chart 2

nifty elliott wave prediction.

IN MY NOVEMBER 22ND COUNT TELLS U WAVE 4 & 5 TO GO.AND 2ND DECEMBER I GAVE U ALTERNATIVE COUNT WITH HEADLINE HIGHLY RISKY TRADE.CURRENTLY I'M COUNTING WAVE IN ABC-X-ABC FOR WAVE2.SOON WAVE 2 OF WAVE C CAN END AROUND 5110 AND WAVE 1 FIBO RETRACE FROM 5400-4639 OF 61.8% IS ALSO AROUND 5110.SO 5110 CAN BE TURNING POINT.AND THAN FREE FALL CAN TAKE DIRECTLY BELOW 4639 WHICH IS WAVE 3 OF TOTAL COUNT THAN WAVE 4 WHICH WILL REMAINS COMPLEX BE'Z WAVE 2 IS SHARP. LET'S SEE WHERE THE NIFTY CAN COME IN THIS JUNCTURE.

is the wave5 to fall or truncate or it's a (a-b-c)?????

nifty quarterly chart -ve divergence in macd and rsi

nifty elliott wave count 60mins

wave 3 finally over.in my last post i'll shown wave [v-v] is still to go.now wave 4 which remains sideways than wave 5 will fall.

nifty elliott wave count

in below post wave 3 which is extended in V . wave2 is running flat.still wave 3 is not closed still wave v of extension is [v-i],[v-ii],[v-iii] and [v-iv],[v-v]which is still not completed.wait for wave 3 to close.(trendline shows clear trend).click on chart for enlarge.

NIFTY NEXT UP MOVE LIMITED

CHECKOUT LAST POST AND THAN BELOW CHART

nifty elliott wave count

URGENT ELLIOTT WAVE COUNT ON NIFTY.NIFTY IS NEAR AN END OF WAVE 3 OF V.STILL WAVE 4 AND 5 IS NOT OVER OF MINUETTE COUNT.