one of my alternative count highly possible

click on chart for zoom. above count is my alternative count nifty trg 5100-5400 ??? .

NIFTY ELLIOTT WAVE COUNT 21.12.2011

IN ABOVE CHART WAVE [3] OF SUB DIVIDED WAVE 5 OF 3 IN EXTENSION THAT IS STILL MARKED IN (???) MY INVALIDATION @ 4818.WAVE [2] IS CALLED AS (RUNNING ALSO)/(IRREGULAR FAIL FLAT).WAVE 3 OF SUB COUNT WAVE 2 ? IS RETRACED BY .618 OF WAVE 1.

H & S PATTERN NIFTY

NIFTY CAN COME AROUND 2800 LEVELS AS PER H & S PATTERN



HOW H & S WORKS BY EDWARDS MAGEE BASSETTI 9TH EDITION OF T.A OF STOCK TRENDS

A. A strong rally, climaxing a more or less extensive advance, on which
trading volume becomes very heavy, followed by a Minor Recession
on which volume runs considerably less than it did during the days
of rise and at the Top. This is the “left shoulder.”
B. Another high-volume advance which reaches a higher level than the
top of the left shoulder, and then another reaction on less volume
which takes prices down to somewhere near the bottom level of the
preceding recession, somewhat lower perhaps or somewhat higher,
but, in any case, below the top of the left shoulder. This is the “Head.”
C. A third rally, but this time on decidedly less volume than accompanied
the formation of either the left shoulder or the head, which fails
to reach the height of the head before another decline sets in. This is
the “right shoulder.”
D. Finally, decline of prices in this third recession down through a line
(the “neckline”) drawn across the Bottoms of the reactions between
the left shoulder and head, and the head and right shoulder, respectively,
and a close below that line by an amount approximately equivalent
to 3% of the stock’s market price. This is the “confirmation” or
“breakout.”


BEST VIEW IN https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiIDA1P9DvW1VZNO8HXZNPwPsTMcw9Jzi7vANgZq_9xsZB3GjMtnJGLwDqAnDB2QjXVjvYIxGqediLf0tZMoa3t_pX5ioc7Sb-ssCQqJuiqw0QBicLh188xPboi3N3xF7nniL3YNVioWmI/s1600/H+%2526+S.jpg

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.

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.

quick update on nifty elliott wave count

certain count is change still wave 2 may act in (double zigzag) wave 3 trg 4605 will be on hold stay in wave 2 (big action around the world this week)stay safe

nifty elliott wave prediction

in below chart i counted my conti.. wave. wave extended which i posted already.here is my sub count with wave(iii) decline with 1.618 retracement trg 4605 around.i labled all sub count which is easy to understand my count.invest or trade safe don't buy big bear mkt fall which will take nifty to 4100 - 3800 kind of level soon(advanced prediction on mkt of 4100-3800 level on current chart check). (click on chart to enlarge)

nifty view for 10/10/2011

nifty above 4837 remains +ve and upside possible upto 4938.below 4837 -ve trade downside level upto 4712.

DOW JONES INDUSTRIALS SPECIAL FORECAST

ONE OF MY SPECIAL FORECAST ON DOW JONES INDUSTRIALS.
I POSTED DJIA QUARTERLY CHART IN THIS CHART -VE DIVERGENCE IN MACD , RSI (14).THIS DIVERGENCE HELPING TO TAKE NEXT BEAR CALL OR BEAR MARKET.IF WE LOOK AT 2000'S HIGH WE SEE INDICATOR READING AT HIGH LEVEL AFTER FALL NEXT ALL TIME HIGH OF 2007-08 CLEARLY SUGGEST THAT LOWER INDICATOR READING MEANS -VE DIVERGENCE.AND AT CURRENT MOVEMENT LOWER THAN 2008'S INDICATOR READING. THIS GIVES CONFIDENCE TO ALL NEW BEAR TRADE SETUP.ONE CAN APPLY HEAD AND SHOULDER PATTERN IN QUARTERLY CHART LIKE 2000 HIGH ONE SHOULDER THAN 2008 HIGH AS HEAD AND RIGHT SHOULDER IS HAPPENING.IF NEACLINE IS BROKEN THAN DOW JONES AND WORLD EVERY MARKET MOVE INTO BIG/GREAT DEPRESION. SEE BELOW CHART(CLICK ON CHART FOR ZOOMING)

nifty elliott wave prediction

wave 5 extended trg 4600 around for wave 3 of extended.

sensex weekly

DARSHAN SHAH’S
INDIAN STOCK MARKET REVIEW(NSE,BSE)
Bombay stock exchange weekly chart (strong –ve divergence rsi,macd)









In above BSE (sensex) chart strong –ve divergence in rsi and macd suggest that strong downtrend which can take place and in above chart –ve divergence did work after 2011. This –ve divergence suggest more downside ahead.

elliott wave nifty count

nifty wave 5 of 3 down trg @ 1.618 of wave 1 & 2.trg for wave 3 4760 around.(click on chart for zoom)

nifty elliott wave count (30mins candle)

above 5172 wave 4 remains conti... below 4911 wave 5 is possible in count.foe wave 4 alt is possible in (double zigzag).still my counting 5wave decline trg around 4600.

nifty view for 22/09/2011

nifty below 5121 downside upto 5008.and above 5121 upside upto 5170.

rising channel nifty

nifty view for 20/09/2011

nifty above 5070 move +ve upto 5139 kind of level.move below 5070 downside risk upto 4980 or below.

nifty elliott wave advanced prediction on 13-9-2011

nifty next day move almost retraced wave2 (99%).wave3 likly move below 4911 n if nifty return from 4911 than overlap count possible (extension) we r currently in 5wave down. which can make all new current low.more update soon..........

IMP SUPPORT AT 4911 NIFTY

NIFTY VIEW FOR 14/09/2011

NIFTY ABOVE 4961 MORE UPSIDE UPTO 5048.BELOW 4961 DOWNSIDE UPTO 4862.

nifty view for 6/09/2011

nifty remain +ve above 5014 upside upto 5062.below 5014 downside upto 4940.

nifty elliot wave prediction --again nifty at 2250

nifty completed wave A during 2009.wave B in 2010 now wave C 20?? (2012 from my count) this pattern (5-3-5)zigzag. big bear market

nifty view for 26/08/2011

nifty remain +ve only above 4888 -above that upside upto 4975.

nifty view for 25/08/2011

nifty remain +ve only above 4926 possible upto 4980 . below 4926 downside upto 4828.

nifty view for 24/08/2011

nifty above 4897 remain +ve.below 4897 downside upto 4792.

nifty view for 18/08/2011

buy nifty only above 5068 than +ve upto 5103/5134.below 5068 downside upto 5019/n below.

nifty view for 17/08/2011

buy nifty above 5077 than it can go upto 5118-5191.below 5077 more downside possible upto 5016 or more below 5016.

INR/USD FORECAST

(CLICK ON CHART FOR ZOOM)

nifty view for 16/08/2011

buy nifty only above 5125(60mins charts closing basis). below that act as bearish and actual buyer seen only above 5300.(daily chart closing basis).forecast on day basis...............

yesterday forecast act in force with downside

nifty

nifty +ve diversion

nifty view

nifty trading out of lower band (don't buy)

nifty view

asian market forecast if nifty move above 5440 than buy trg 5550

elliott wave count on sensex

nifty view for 28/7/2011

nifty above 5568 +ve upto 5587 above that 5600 possible.if nifty below 5568 downside upto 5511/5496.

nifty view for 27/7/2011

if nifty move above 5596 than +ve upto 5628 and above that buyer act more bullish.if nifty trade below 5596 than down side upto 5536/5519.

nifty view for 26/07/2011

if nifty remains above 5607 than mkt seen still in buyer behaviour .in intraday trade if nifty move below 5642 than downside take place upto 5607.or if remain above 5642 than upside upto 5703+ (overbought find in 60 mins charts)

decending triangle

nifty decending triangle 80% d.triangle works 4 bear mkt.this triangle height almost 1000+ points below 5200 nifty can go upto 4200 kind of level in small time frames.exit long position

nifty

nifty view for 22/07/2011

IF NIFTY MOVE ABOVE 5570 THAN MORE UPSIDE SEEN.BUYING FORCE SEEN ONLY ABOVE 5603 THAN UPSIDE UPTO 5636.AND IF NIFTY REMAINS BELOW 5570 THAN DOWNSIDE UPTO 5525/5482.

elliott wave prediction sensex at 10000

bull market near an end.

nifty triangle

if nifty close below 5660 in jan than nifty remain downside or still in range than nifty feb breakout range 5949-5744.if any side breakout take place than it will trend in breakout direction.nifty break this triangle before mar/29/2011.

market view

short term bear stoped ready for bull mkt soon