Wolfe Waves

timepass, i cannot understand your quiry
 
timepass, i cannot understand your quiry
The 1-3-5 line is more or less a horizontal line, not an uptrending line. So the pattern is more line a pennant than a WW.
 

Ajax

Well-Known Member
1/9/2014
NIFTY set to crash or gradual melt down if currant levels not sustained.
Expect fall of 500 -900 points.
Why its wolfe wave honey!!!!!!!!!!!!!!!!!!!!!!!
 
1/9/2014
NIFTY set to crash or gradual melt down if currant levels not sustained.
Expect fall of 500 -900 points.
Why its wolfe wave honey!!!!!!!!!!!!!!!!!!!!!!!
Yes, there is a big if attached to the -ww of daily tf, making round in various posts, threads and forums. And every one who knows (even a little of) wolfe studies, is waiting for the fall since last 7-8 trading sessions and in the meantime Nifty has risen more than 100 points. Why so !!!!!!!!!

Because the said -ww has yet to trigger. And no body can say when it will trigger, today, after a week or a month :lol:

BTW, if :)lol: yes if, because bina if a kaam nahin chalta :lol:) Nifty is able to sustain above 8000 levels then we can see 8050/75, 8100 and above levels soon (may be this week itself). :D
OR
Will it be a fail wolfe, yes it will be a fail wolfe if NS crosses above 8150.

However, if there is any other -ww, then please post the chart.
 
Friends

Is there a bearish Wolfe wave completed on Bharat Electronics (BEL) today?

High of 07/07/14 2318
Low of 01/08/14 1701.15
High of 16/09/14 2239
High of 05/12/14 3140.75
High of 13/01/15 3427.95

Scrip has broken all prior highs and is at lifetime high. On 1 Jan 2014, it was around 1000rs; In Dec 2014 it touched 3140; Jan 2015 has seen newer highs.

Too bad this scrip is not on future anymore...
 

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