Elliott Wave TA Updates

Do u believe in Elliott waves? Is this thread helful?


  • Total voters
    35
#1
Nifty EW analysis:

Check these links:-
http://postimage.org/image/2wzjtrkec/

http://postimage.org/image/2cwwy7n8k/

NIFTY SHORT TO MID-TERM Overview:
Nifty is in correction of type DOUBLE ZIGZAG i.e. correction is not complete & target is 4700. But 4700 can't be achieved directly i.e. NIFTY must complete three phases a.b,c for second round. Frm which a is near completion @5400-5200. Then bounce back to 5600-5650 & then return to its low for another bounce upto 5800-5850 levels as b wave AND THEN ULTIMATE JACKPOT FALL TILL 4700 as c wave.

If this happens then a NEW UPMOVE will come that will TAKE NIFTY TO NEW HIGHS ABOVE 6300 WITH A LOT MORE VOLUMES AS WAVE 3(3) FOR UNLIMITED RETURNS.

If my wave count is CORRECT & this is likely to happen soon &
i will update regular moves with targets.

ALERT: If this not happening then BUY @ 5950 without even thinking.
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#2
Could you let us know , how much time period it will take ?
 

babukraman

Well-Known Member
#3
#4
First of all, thx for reply.


What a query. Atleast someone is interested in regular ew counts.
To be honest, this was & is my primary best count which proved correct.
Also, i will post all further count for u specially after 5400.

This count was much easy & good than even expectation as everything happened as per schedule say if w3 is extension then w5=w1.

Heres the re-count...
It count is still not clear then i will try to make this count clear by counting in depth.

http://postimage.org/image/6t0rn3wk/
 
#5
Could you let us know , how much time period it will take ?
This will not take much time....

ZIGZAG ONE COMPLETED
ZIGZAG 2 IS IN FORMATION....
WAVE a of zigzag2 is completed @ 5400. Now, altercorrection b wave is in process then wave c which can take more time duration than wave a.

wave a = 4april - 18 may = 1 month+
wave b = Around 1 month+
wave c = Around 2 months for 4800 levels

If u see 4800 then buy for LONG TERM... bcz markets always moves upward & not downward. Also, long term equity always gains.
 
#8
Overview: http://postimage.org/image/17lymnv38/

Leading diagonal hand drawn... formed @ wave a of X wave (dOUBLE z-z)
http://postimage.org/image/7pb3sfc4/

iind L-D (5-11MAY): http://postimage.org/image/7sc99bxg/

iiird L-D @ last WEDNESDAY: http://postimage.org/image/7ru2cihw/

wave 2 over w1 @ last thursday: http://postimage.org/image/7sssmsv8/

Last count for 20 may, http://postimage.org/image/17m8jvy1w/

I know, the markings r not correct in form of minuette waves but it speaks something...

Rest, don't buy near 5600 levels. Instead leave mARKET @ SPOT or try to study ewc before making huge donations (LOSS).

Any of my count can be false so it better to create ur own alternate count. Counts can get wrong but this doesn't mean that SCIENCE is not involved behind this.
 
#9
In this bounce back frm 5400.
Wave 1 was leading diagonal
wave 2 was flat
wave i of 3 was of type 5th wave extension
wave v of 3 is in pending (Book profit @ 5525)
wave 4: ZIGZAG likely to complete on monday which can take nifty back to SPOT 5486(buy with s-l 5480).
wave v: 5600 (BOOK profit & sell for target 5400)

STOP LOSS FOR LONGS : 5450
 
#10
Overview: http://postimage.org/image/17lymnv38/

Leading diagonal hand drawn... formed @ wave a of X wave (dOUBLE z-z)
http://postimage.org/image/7pb3sfc4/

iind L-D (5-11MAY): http://postimage.org/image/7sc99bxg/

iiird L-D @ last WEDNESDAY: http://postimage.org/image/7ru2cihw/

wave 2 over w1 @ last thursday: http://postimage.org/image/7sssmsv8/

Last count for 20 may, http://postimage.org/image/17m8jvy1w/

I know, the markings r not correct in form of minuette waves but it speaks something...

Rest, don't buy near 5600 levels. Instead leave mARKET @ SPOT or try to study ewc before making huge donations (LOSS).

Any of my count can be false so it better to create ur own alternate count. Counts can get wrong but this doesn't mean that SCIENCE is not involved behind this.
 

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