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))

nifty and usd/inr elliott wave

IN BELOW CHART NIFTY AND USD /INR BOTH ENDED WAVE 3 IN DIFFRENT RETRACEMENT.



ABOUT USD / INR -- AS PER OLD FORECAST OF 49 IN WAVE 3 WE SHOW 49.22 AS LOW IN WAVE 3. ALMOST 4.23 OF WAVE 1 AND WAVE2.LET GET READY FOR WAVE 4 ACTION IF .23 OF WAVE 2 AND WAVE 3 @ 50.14 AND IF .38 THAN 50.77 FOR WAVE 4 STOP (INVALIDATION TO COUNT ONLY BELOW 49.22)



ABOUT NIFTY-- AS PER LAST POST WAVE 3 IS NEAR AN END AND STILL WAVE 4 AND 5 TO GO . HERE IS WAVE 4 AND IN FIRST VIEW IT SUB DIVIDED IN THREE SUB COUNT AS (A) AND (B)? WAVE B CAN END SOON. AT FIRST VIEW I WOULD LIKE TO TAKE IRREGULAR FLAT (3-3-5) SO IN WAVE (C) I AM LOOKING FOR 5 WAVE OF SUB COUNT.WAVE (C) CAN RETRACE 1.618 OF A & B OR WAVE A BOTTAM .WAVE A = WAVE C.

(CLICK ON CHART FOR ENLARGE)