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.

NIFTY ELLIOTT WAVE

nifty 60 mins chart with elliott wave count update :-

nifty is in wave 4 of zigzag count. if wave 4 trigger the wave 1 top which is 5124 than wave 3 minor turns to extension invalidation to extension count below 5017.

(click on chart to enlarge it.)