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.

elliott wave nifty minuetee count

i posted in my last post that the wave c of rebound count which move upside.now wave 3 decline upto 4300 around level.current count is wave 1 of wave 5 decline. click on below chart 4 enlarge.

quick elliott wave prediction on nifty

in below chart i posted elliott wave. wave 2 of a-b-c in wave 2 we completed wave A we r in wave B of 2.here is wave b is barrier triangle (3-3-3-3-3).and after wave B complet than wave C can move upto 5250-5300 around.

NIFTY VIEW FOR 14/10/2011

NIFTY ABOVE 5075 WILL MOVE UPSIDE UPTO 5143.BELOW 5075 DOWNSIDE UPTO 4953.

elliott wave nifty prediction

IN LAST POST I COUNTED A-B-C WHICH I COUNTED (A-B-C COMPLETED IN (?)).BUT TODAYS MOVE CLEARLY SAYS REBOUND OF WAVE A UPSIDE BUT WAVE B WILL DECLINE SOON.IN BELOW CHART I COUNTED WAVE 3 AS 5 SUB WAVE OF RISING CHANNEL. AND HERE IS ? OF WAVE4 COMPLETED OR STILL ON WAY.OR 5 WAVE TRUNCATED.MEANS WAVE4 AND WAVE 5 ????? REMAIN.

quick idea of elliott wave nifty predictions

IN LAST POST I COUNTED EXTENSION BUT WAVE 5 END IN FALLING CHANNEL.AND HERE IS MAY BE REBOUND OF WAVE 5-2 IN (A-B-C)?.HERE IS ALT.1 CAN ALSO POSSIBLE.STAY WITH THE TREND.RSI IS IN OVERBOUGHT ZONE.