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.)

NIFTY ELLIOTT WAVE

NIFTY INTRADAY 5 MIN CHART
IN ABOVE CHART WAVE A DONE WAVE B ? (WAVE B CAN BE COMBINATION) SOON WAVE C WILL DECLINE AND NIFTY WILL FALL BELOW 5000 AND IT CAN RETRACED UP TO .618 OF WAVE 1 AT 4930 AROUND. 

NIFTY ELLIOTT WAVE

NIFTY DONE IT WAVE 1 IN THAT WAVE 5 (BLUE) SEEN AS ENDING DIAGONAL

WAVE 2 WILL FALL AND RETRACE UP TO  4930 AT .618 OF WAVE 1.

niftyelliottwave

NIFTY DAILY CHART

IN BELOW CHART NIFTY DONE IT'S WAVE 2 MINOR IN (A-B-C) CORRECTIVE WAVE .WAVE 3 MINOR IS IN PROGRESSION. WAVE i WILL STOP AROUND 5122 .CLICK  IN ON BELOW CHART TO ENLARGE IT. 

NIFTY 60 MIN CHART
IN BELOW CHART NIFTY IS RUNNING IN 5 WAVE MOTIVE STRUCTURE.
WAVE 4 REMAINS AS IRREGULAR FLAT. WAVE 5 IS IN PROGRESSION. WAVE 1 IS NEAR AN END ALMOST WAVE 2 MINUTE WILL DECLINE UP TO 4940-4900 KIND OF LEVEL.TREND LINE WILL ACT AS STRONG RESISTANCE LINE . CLICK  IN ON BELOW CHART TO ENLARGE IT.

    WWW.ASIANMARKETSFORECAST.BLOGSPOT.COM 

GBP/ INR ELLIOTT WAVE

GBP / INR IS NEAR AN END OF IT'S 5WAVE. WAVE 5 RETRACED 2.618 .WEEKLY CHART CLEAR TRENDLINE SAYS WAVE 5 AT IT'S HIGH . BELOW WEEKLY CHART (CLICK ON CHART TO ZOOM)

  DAILY CHART OF GBP / INR CLEAR SHOWS WAVE 5 OF 5 EXTENDED CLASSIC. (CLICK ON CHART FOR ZOOM)

NIFTY ELLIOTT WAVE

 NIFTY ELLIOTT WAVE COUNT :  WAVE 2 RETRACED 0.78 OF IT'S WAVE 1.
WAVE 2  ALMOST DONE IN (A-B-C). INVALIDATION BELOW 4788.FIRE ABOVE 5343 FOR WAVE 3 PROGRESSION.CONFIRMATION TO BULL RUN ONLY ABOVE 5120.INVALIDATION TO BULL COUNT ONLY BELOW 4530.

IN ABOVE CHART

• nifty done it's wave 2 mionr count. nifty ended it's wave 5 in ending diagonal.nifty wave c is sub divided into 5 wave and in that wave 3 retraced 2.618 and wave 5 (from wave1 almost retraced 2.618 mentioned in chart). as per my count nifty ended it's wave2. now get ready for wave 3 atleast at 1.618 trg could be set around 6300+.best time comes only few times.fire in wave 3(don't miss upcoming bull)....

nifty elliott wave

WEEKLY NIFTY CHART WITH ELLIOTT WAVE

IN ABOVE CHART S&P NIFTY CLEARED TRIPLE ZIGZAG IN (W-Y-Z).WAVE 2 INTERMIDIATE DONE AND WAVE 3 INTERMIDIATE IN ACTION. INVALIDATION TO COUNT BELOW 4530 AND CONFIRMATION TO FIRE ABOVE 5500 OR SAFE SIDE 5630 ABOVE..

NIFTY DAILY ELLIOTT

STILL WAVE 2 MINOR IS UNCONFIRM.(WAVE 2 ????)
ALL THE WAY BACK TO OLD COUNT.MORE UPDATE SOON......
(CLICK ON CHART TO ENLARGE IT)

USDINR

+ VE & - VE DIVERGENCE

CURRENT USDINR ELLIOTT WAVE FORECAST OF WAVE2 OF A-B-C? .WAVE C  IS PART OF ENDING DIAGONAL.(CLICK ON CHART TO ENLARGE IT)

USD INR ELLIOTT WAVE

DIVERGENCE IN MONTHLY CHART TELLS CLEAR STORY OF USDINR.

A BIG PICTURE OF USDINR ELLIOTT WAVE COUNT

H & S PATTERN IN USDINR CONFIRMING THE WAY AHEAD

USDINR 8HRS WAVE COUNT WAVE 1 OF 5 TRUNCATED. AND WAVE IS AT NEAR AN END.BREAKOUT LEVEL MENTIONED IN ABOVE CHART.(CLICK ON CHART TO ENLARGE IT.)

nifty update

change in confirmation point from 5330 to 5363 above....

NIFTY ELLIOTT WAVE UPDATE

15mins charts

IN BELOW CHART WAVE 2 IS LIKELY OVER OR IN ALT - BLACK COUNT AND BLUE COUNT IS IN ALTERNATIVE VIEW OF LAST WAVE C ?.CONFIRMATION ABOVE 5330 FOR BULL VIEW.INTERNAL BLUE LINE WHICH IS SUB COUNT TO REAL RED COUNT. [CLICK ON CHART TO ENLARGE IT].

60 mins chart with +ve divergence
+VE DIVERGENCE ADDING CONFIDENCE TO BULL VIEW. STILL CONFIRMATION NEEDED AND INVALIDATION IS IMP PART WHICH TELLS FIRST STORY FOR CLEAR VIEW.
RED DOT IS FOR HIGHER HIGH AND LOWER LOW DIVERGENCE PART.[CLICK ON CHART TO ENLARGE IT].

NIFTY ELLIOTT WAVE UPDATE

IN ABOVE NIFTY CHART.AS PER FORECAST WAVE 2 FALL.AND QUICK RECOVERY IN WAVE 3. WAVE 3 IN PROGRESSION MAIN COUNT IN BLUE AND RED COUNT IS SUB COUNT OF MAIN WAVE. STILL WAVE 5 MINUTE IS NOT ENDED. LOOKING FOR 5900 NIFTY IN WAVE 5 MINUTE COUNT.WAVE 1 IS DIAGONAL SO THERE IS LESS POSSIBILITY OF DIAGONAL IN WAVE 5.WAVE 3 IS EXTENDED SO WAVE 5 ALSO LESS POSSIBLE TO EXTENT. WE MAY SEEN CLEAN FIVE WAVE STRUCTURE. STILL INVALIDATION TO COUNT BELOW 5172.(CLICK ON CHART TO ENLARGE IT)

NIFTY ELLIOTT WAVE UPDATE

CLICK ON CHART TO ENLARGE IT. IN ABOVE CHART WAVE 1 IS SUB DIVIDED INTO 5 WAVE. AND WAVE 2 IS STILL UNCONFIRMED (A-B-C-X-A-B-C). BUT WAVE 2 WHICH IS ALMOST RETRACED .618 OF WAVE 1 IN SHARP CORRECTION. OUR INVALIDATION TO COUNT AT 5172 BELOW. (WE ARE STILL IN BULLISH COUNT OF 5600 ++ NIFTY OR 5900-6000 NIFTY, IF WAVE 5 NOT TRUNCATED THAN ONLY)SOON WE UPDATE ABOUT NEXT NIFTY MOVE .........

invalidation

in my march 9th post i mentioned invalidation at 5290 which is mistake becz of typing actual invalidation at 5172 below . but i mentioned in chart..... (sorry for such typing mistake

nifty intraday elliott wave update

risky trader buy nifty with spot sl of 5360

nifty intraday elliott wave update

nifty intraday update elliott wave

wave 3 done wave 4 retraced .382 almost wave 4 triangle. i mentioned in pink and sub count in yellow colour. wave 5 looks in prog.........
invalidation at 5290. trg above 5600 (if not truncate)

FIBONACCI .382

USDINR AND NIFTY BOTH THE PART RETRACED .382 OF WAVE 2 AND 3 TOP.

NIFTY ELLIOTT WAVE

ALTERATION ALTERATION AND ALTERATION . NIFTY IN WAVE 4 IN A-B-C ?? IT MAY BE TRIANGLE , FLAT , ZIAGZAG & FLAT (COMBINATION). STILL UNCLEAR THE STORY TO TELL.LOL... BUT YES WAVE 4 CAN RETRACE .382 MEANS 5227 IS THE IMP SUPPORT LEVEL TO WATCHOUT.

USDINR [MOST INTRESTING CHART AT THIS MOVEMENT].

USDINR CAN COME BETWEEN 47-48 IN WAVE 5. IF WAVE 5 TRUNCATE THAN UP MOVE WITH CONFIRMATION ABOVE 49.76.(ELLIOTT WAVE COUNT) SOON I'LL UPDATE ABOUT USDINR

NIFTY ELLIOTT WAVE

IN ABOVE NIFTY CHART WE HAVE CLEAR 5 WAVE MOVE. CONFIRMATION ABOVE 5455-5460. WITH POSSIBLE UPSWING WITH 5494-5519-5544.INVALIDATION BELOW 5405.

NIFTY ELLIOTT WAVE

IN ABOVE CHART NIFTY 5 MINS ELLIOTT WAVE COUNT AS PER FORECASTING OF WAVE 3 MINUTE IS NEAR AN END. WITH CONFIMATION TO WAVE 4 BELOW 5588.IN LAST POST MY INVLIDATION POINT WAS 5621 BUT THAT POINT TRIGGERD IN EARLY TRADE WITH ALTERNATIVE EXTENSION OR DIAGONAL COUNT.WE HAVE LITTLE DIFFECULT DIAGONAL WAVE 3 IS SHORTER THAN WAVE 1 THAT CONDITION CLEARLY SEEN. IN WAVE 5 OF DIAGONAL WAVE 5 IS SHORTER THAN WAVE 3 ALL CONDITION DONE. I SHOWED THAT IN YELLOW ON CHART. HERE IS WAVE 4 CLEARLY ENTERED AND NOW ALT IN A OR 1 ??????.....(5-3-5)FOR FLAT / (3-3-3-3-3) TRIANGLE ?????????.

nifty elliott wave

IN ABOVE 5 MIN NIFTY CHART CLEARLY 5 WAVE ENDED.WITH WAVE 3 MINUTE FOLDING.OUR INVALIDATION TO COUNT ABOVE 5621(IF EXTENSION THAN ONLY). BELOW 5588 CONFIRMATION TO WAVE 4 MINUTE IN PROGRESSION. WAVE 4 MINUTE ONLY CAN COMPLEX BECZ WAVE 2 IS SHARPE.WAVE 4 CAN BE COMBINATION,FLAT,TRIANGLE.




IN ABOVE CHART NIFTY ENDED WAVE 3 MINUTE CLEARLY WITH COUNT OF 1 - 2 - 3 . 4 AND 5 TO GO. WAVE 4 CAN BE FALL UPTO .382 OR .238 OF FIBONACCI RETRACEMENT FROM WAVE 2 BOTTAM TO WAVE 3 TOP POSSIBLE TRG - 5227 AROUND IF .382 OR 5376 AROUND IF .238.

nifty elliott wave

in my last post my wave labling mistake due to charting software unsaved.this one is clear image. wave lable in black that is minute wave.


click on chart to enlarge.

NIFTY ELLIOTT WAVE

nifty daily elliott wave



IN DAILY CHART WE HAVE CLEARLY 5 WAVE WITH EXTENSION IN WAVE 3
WAVE 1 REMAINS DIAGONAL MEANS WAVE 5 WILL NOT BE A DIAGONAL.
WAVE 2 IS SHARPE MEANS WAVE 4 WILL BE COMPLEX AND WAVE 4 WHICH HAPPENED AS COMPLEX
WAVE 5 IS STILL TO GO AND WAVE SUBCOUNT IN BELOW CHARTS.

nifty hourly elliott wave



NIFTY HOURLY CHARTS SEEMS COMBINATION ZIGZAG AND THAN A B C (FLAT).

nifty 10 mins elliott wave



IN ABOVE NIFTY 10 MINS CHART WAVE 5 IS IN FINAL ADVANCE.STILL MORE UPSIDE TO GO MAY BE WAVE 1 (270 ALMOST) = WAVE 5 POSSIBLE TRG 5621 AROUND (WAVE 4 BOTTAM 5351 AROUND (5351+270))