Wolf wave in nifty ?

[psvaja]

Dear all,

The same setup (wolf wave) as was prior to fall of Jan 2008 is being formed in nifty now. pl look below charts.

If it is wolf wave, than nifty may go near 4750-4800 and than retreat to 4100. I am no expert in wolfwaves. any comment from seniors/expert ?

Thanks

Pravin

 

[psvaja]

sorry. images are uploaded again for clarity.

 

[Ajax]

sorry. images are uploaded again for clarity.

Very ambitious. :annoyed:

But idea is tradable

Weeky target of bullish wolfe on Nifty is indeed 4800
(Visit "Kiss like Mcgrath" thread).
Hope it happens the way u think. :thumb:

 

[imbharatk8]

karthik's weekend VPA analysis supports upmove

 

[anandraos]

I am assuming like the following.

1)19-5-09
2)26-5-09
3)5-6-09
4)9-6-09
5)12-6-09

please give clarity in this regard.

 

[cchitra1972]

ur prediction seems to be materialising.....watching with interest