nifty elliott wave forecast

nifty elliott wave update

after invalidating wave count on nifty .here is alternative wave count .

below chart shows 5 wave decline in wave c.

click on below chart to enlarge it.

nifty elliott wave count shows double zigzag.

alternative wave count in red line & in pink line click on chart to enlarge it.

explanation is given with chart 

soon more update will be done on large degree of nifty..........................
such wave development will take time to develop the structure of wave

# NIFTY & #BANKNIFTY ELLIOTT WAVE UPDATE

ELLIOTT WAVE NIFTY UPDATE .

AS PREDICTED WAVE C WILL DECLINE.NOW WAVE C GETS OVER AND FROM HERE WE WILL SEE NEW 5 WAVE IMPULSIVE IN ONE LARGER DEGREE.

CONTINUE READING WITH LAST POST ON NIFTY ELLIOTT WAVE UPDATE.

BELOW CHART SHOWS 5 WAVE UP WITH ALTERNATIVE COUNT OF 1 AND 2.

INVALIDATION TO BULL WAVE COUNT BELOW   5680.IF 5680 WILL NOT INVALIDATE THAN WE WILL SEE 

MORE UPSIDE IN NIFTY.MORE UPDATE SOON............

BANK NIFTY ELLIOTT WAVE UPDATE

BANK NIFTY SHOWS CLEAR 5 WAVE DECLINE IN WAVE C .

AND YELLOW BOX SHOWS THE SAME WAVE COUNT AS NIFTY IMPULSIVE.CLICK ON CHART TO ENLARGE IT.

MORE UPDATE SOON ON BANK NIFTY ...................

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ELLIOTT WAVE BANKNIFTY, CNX IT, CNX AUTO

ELLIOTT WAVE CNX IT INDEX

CNX IT INDEX MOVING TOWARDS IT'S WAVE C CONFIRMATION OF WAVE IS ONLY ABOVE 6493. INVALIDATION TO COUNT BELOW 6344. CLICK ON CHART TO ENLARGE IT.

ELLIOTT WAVE CNX AUTO

CNX AUTO INDEX IS MOVING IN FLAT CORRECTION WHICH IS SUB DIVIDED INTO 3-3-5.

INVALIDATION TO COUNT ONLY ABOVE 4870.

CLICK ON BELOW CHART TO ENLARGE IT.

ELLIOTT WAVE BANK NIFTY

BANK NIFTY IS MOVING IN A-B-C (SHARP) CLICK ON BELOW CHART TO ENLARGE IT.

POSSIBLE DOWN MOVE UPTO 12100.

MORE UPDATES  SOON......................

DISC. REFERS TO WWW.ASIANMARKETSFORECAST.BLOGSPOT.COM

NIFTY ELLIOTT WAVE

NIFTY ELLIOTT WAVE
NIFTY IS MOVING TOWARDS IT'S [V]  WAVE TO COMPLETE IT'S FINAL MOVE OF WAVE 5 (EXPANDING DIAGONAL).WAVE COUNTING CONTINUOUS WITH LAST POST.
MORE UPDATE SOON........... 

NIFTY ELLIOTT WAVE COUNTING

ELLIOTT WAVE UPDATE
LOOKING AT WAVE PATTERN IT SUGGEST EXPANDING DIAGONAL IN WAVE 5.WAVE i AND WAVE iv IS OVERLAPPING THE WAVE. WAVE iii OF 5 AND WAVE iv OF 5 RETRACEMENT OF 1.618 @ 6204.SO UPSIDE MOVE OF THE TREND CAN MOVE TOWARDS 6204.CONTINUING WAVE COUNTING OF http://niftyelliottwave.blogspot.in/2013/05/nifty-elliott-wave.html . LAST POST OF WAVE COUNTING ALSO COUNTED IN ALTERNATIVE POSSIBILITY .WAVE COUNTING CONFIRMATION AND INVALIDATION POINT WILL BE NOT MENTION IN CURRENT POST SUCH PATTERN NEEDS TIME TO DEVELOP,WAIT FOR THE COMPLETE TREND TO OCCUR.

NIFTY ELLIOTT WAVE FORECAST

TODAY'S UP MOVE WILL BE A WAVE B OF IRREGULAR FLAT. OTHER ALTERNATIVE POSSIBILITY SHOWN IN ABOVE CHART.(CLICK ON CHART TO ENLARGE IT.) WAVE C WILL BE THE MOST INTERESTING WAVE TO WATCH OUT IT COULD BE FAIL MOVE OF IRREGULAR FLAT OR IT WILL BE COMPLETE IRREGULAR MOVE CAN TAKE PLACE. FORECAST IS CONTINUED WITH  LAST POST OF WAVE COUNTING ON NIFTY http://niftyelliottwave.blogspot.in/2013/05/nifty-elliott-wave.html  MORE UPDATE SOON...................

READER'S NOTE: FOR READING ABOVE CHART AND WHAT  WILL BE PRESENTED IN CHART ONE SHOULD HAVE KNOWLEDGE ABOUT ELLIOTT WAVE  THEORY AND BASIC TECHNICAL KNOWLEDGE.  

NIFTY ELLIOTT WAVE

NIFTY AS PER 10.05.2013 .

ELLIOTT WAVE PRINCIPAL HELPS YOU TO IDENTIFY CHANGE IN TREND EARLY.

HERE IS THE CURRENT EXAMPLE OF NIFTY CHART FOR NEW LEARNER OF WAVE PRINCIPAL .

WAVE NOTES:-

WAVE 1 NORMAL SIZABLE MOVE  (5 wave up in pattern )

WAVE 2 ZIGZAG

WAVE 3 EXTENSION

WAVE 4 COMPLEX

WAVE 5 ( 5 WAVE UP) 

CHECK OUT WITH CURRENT NIFTY CHART 60 MINS .

MORE UPDATE SOON................................................

nifty elliott wave [ ROAD MAP]

nifty elliott wave

in my last post i have posted extension wave with 1-2,i-ii but due to technical fault i haven't uploaded such information.

http://asianmarketsforecast.blogspot.in/2013/03/nifty-elliott-wave.html

for completing wave structure-  wave 1 which was labeled with extension mark for that extension nifty has to go below 5548. than the count for wave 3 extension  can be countable.if wave ii of extension wave will not fall below 5548 than wave 3 will be countable as 5th wave extension for wave 3.

BELOW PICTURE WILL SHOWS THE ROAD MAP OF NIFTY

[compare with last forecast or nifty chart........]

nifty elliott wave

nifty elliott wave forecast :

high possibility of big wave. current rally from 5660 to 5953 show 5 wave up less possibility of alternative A-B-C. in larger degree wave is in extension move 1-2 , i-ii .big move confirmation only above 5972. and invalidation to wave 3 forecast at 5660. alternative possibility if 5660 breaks than a-b-c can take place in minor wave counting degree.super bull is back.

click on chart to enlarge

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).