nifty elliott wave

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

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).

USD/INR BIG PICTURE FORECAST

                                                                                          (CLICK ON CHART TO VIEW ENLARGE)

DAILY CHART OF USD/INR .

BELOW CHART SHOWING UPPER TREND LINE AS POWERFUL RESISTANCE. AND WAVE II IS REMAINS COMPLEX (FLAT 3-3-5) IN FLAT CORRECTION WAVE A SUB-DIVIDED INTO 3 WAVES THAN WAVE B ALSO SUB-DIVIDED INTO 3 WAVES AND WAVE C SUB-DIVIDED INTO 5 WAVES (WHICH IS DIAGONAL).INVALIDATION TO OUR MOST BEAUTIFUL BIG PICTURE USD/INR FORECAST IS AT 56.44.

USD/INR ELLIOTT WAVE FORECAST 

NEXT 5 WAVE DOWN (BIG PICTURE FORECAST).CLICK ON BELOW CHART TO SEE WHY NEXT FREE FALL IN USD / INR . AND HOW LONG THIS MOVE REMAIN IN CONFIDENCE. INVALIDATION TO COUNT AT 56.44. FROM THIS WAVE COUNT  USD/INR CAN FALL BELOW 48/40. IN COMING YEARS.

MONTHLY CHART OF USD / INR  -VE DIVERGENCE.

THERE IS -VE DIVERGENCE BETWEEN TWO BIG WAVES.KEEP OUR CONFIDENCE OF USD/INR BIG PICTURE FORECAST OF 48/40.[RSI (14) IN BELOW CHART ]

WEEKLY CHART - VE DIVERGENCE.

SAME HERE BUT INTO ONE SMALL TIME FRAME CHART OF WEEKLY ALSO HELPS TO IDENTIFY -VE DIVERGENCE .HERE ONE OF THE MOST IMPORTANT JUNCTURE AT MACD ZERO LINE REVERSAL (ZLR). IF MACD TURNS ABOVE ZERO LINE ON BUY SIDE THAN OUR VIEW OF 48/40.WILL BE NOT SEEN IN ACTION.BUT THE MOST IMPORTANT JUNCTURE IS IF MACD FALL BELOW ZERO LINE THAN OUR VIEW OF 48/40 BECOMES MORE POWERFUL AND THAT IS WAVE 3 (WAVE 3 IS THE MOST POWERFUL WAVE IN STRUCTURE.). 

NIFTY ELLIOTT WAVE

NIFTY ELLIOTT WAVE

NIFTY ELLIOTT WAVE UPDATE AS ON 21.09.2012

AS PER MY OLD COUNT I LABELED AS 1-2 1-2  FROM 5348 HIGH TO LOW OF 5032 AND ANOTHER WAVE 1 I WAS LABELED AT 5448 TO LOW OF 5217.BUT THAT PRIOR COUNT HAS BEEN CHANGE INTO IRREGULAR FLAT AND I AM COUNTING NOW [1] [2] AND [3] IN ACTION . CLICK ON CHART TO ENLARGE. FROM HERE NIFTY CAN SHOW WEAKNESS AFTER MAKING ONE MORE HIGH . AND AFTER WEAKNESS  BE READY FOR  EARLY OPPORTUNITY TO RIDE  EXTREME BULLISH WAVE .  WE ARE IN MINOR WAVE 3.

DISC. REFERS TO WWW.NIFTYELLIOTTWAVE.BLOGSPOT.COM
                                                          &
                                 WWW.ASIANMARKETSFORECAST.BLOGSPOT.COM

NIFTY ELLIOTT WAVE

NIFTY ELLIOTT WAVE
NIFTY IS IN EXTENSION   MY  CURRENT COUNTING IS IN  EXTREME BULLISH  SET UP FOR RIDE OUT WAVE  3 below chart help u to identify.  why and how extension can take nifty above 5890++ 6288 kind of level soon......

BANKNIFTY CHART
BANKNIFTY CHART ALSO IS IN EXTENSION. COUNT IN LARGER DEGREE WAVE COUNT
 below chart show you how overlapping 5-3-5-3.becomes extension..

disc.refers to - www.niftyelliottwave.blogspot.com      &    www.asianmarketsforecast.blogspot.com

INFY ELLIOTT WAVE

here is the bull what i think.

FROM 2009 THERE IS A NICE 5 WAVE MOVE UPSIDE IN MOTIVE WAVES. FROM 2011 TOP CORRECTIVE WAVE (A-B-C).IN LARGER WAVE DEGREE WAVE 1 AND WAVE 2 IS IN (PINK).MINOR WAVES IN (BLUE).NEXT DEGREE FROM HERE ONWARD COULD BE NEXT 5 WAVES.

elliott wave quiz

 NIFTY(INDIA)

HERE IS QUICK AND NICE QUIZ FOR OPPORTUNITY TRADER.

IF U SEE THE CHART AND APPLY ELLIOTT WAVE THAN WHAT YOU SEE ?

PURPLE DOT IS MENTIONING SOMETHING (WAVE) IDENTIFY THE WAVES ?

WHICH WAVE IS SHARP AND WHICH IS COMPLEX IF NOT OPPOSITE THAN WHAT WILL BE THE COUNT ?

QUICK HINT:- 

ELLIOTT WAVE TRADER KNOW ABOUT EXTENSION  

COMPLETE STRUCTURE OF 5 WAVE

INCOMPLETE STRUCTURE (IS THERE ANY FLAT,ZIGZAG , TRIANGLE)

DON'T KNOW ELLIOTT WAVE THAN LEARN IT BECZ  OPPORTUNITY IS HERE OR LATER?

usd / inr elliott wave count

free fall soon in usd / inr (once it break below 54.78 )

usd / inr breaks below 54.78 than wave 3 can come up to 50.40 levels .  if wave 4 and 5 seen in usd / inr than larger degree count will be more interesting :) 

nifty eliiott wave

alternative two count with current trend (click on chart to enlarge it)

INDIA VIX

INDIA VIX  

ABOVE CHART TOUCHED LOWER TRENDLINE AND SOME OF INDICATORS PROVIDED +VE DIVERGENCE. SENTIMENT FOR SENSEX LOOKS WEAKER.