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shekharinvest Yellow Belt
Joined: 21 Dec 2007 Posts: 549
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Post: #16 Posted: Mon Sep 19, 2011 10:55 pm Post subject: |
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SBIN WEEKLY
SBI has retraced 61.8% of the rise from 819 to 3515
Also as per EWP wave C has done 138% of wave A not marked on chart.
It should consolidate here before the fresh up move begins.
SHEKHAR
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shekharinvest Yellow Belt
Joined: 21 Dec 2007 Posts: 549
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Post: #17 Posted: Sun Sep 25, 2011 7:21 am Post subject: |
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Gold EOD chart in Dollars.
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rk_a2003 Black Belt
Joined: 21 Jan 2010 Posts: 2734
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Post: #18 Posted: Sun Sep 25, 2011 7:29 am Post subject: |
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Shekhar!
Thanks for Gold chart.Could you please post a chart for Silver too, if possible.
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ragarwal Yellow Belt
Joined: 16 Nov 2008 Posts: 582
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Post: #19 Posted: Sun Sep 25, 2011 11:02 am Post subject: |
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thx shekhar fr d gold chart.cud u plz post one on copper too,it wud b very helpful.
warm regds rashmi
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shekharinvest Yellow Belt
Joined: 21 Dec 2007 Posts: 549
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Post: #20 Posted: Sun Sep 25, 2011 8:08 pm Post subject: |
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Posted below are two charts for silver in Dollars. One is weekly and other one is Monthly.
The analysis is only for longer term perspective and amateurish as I have only recently acquired some interest in elliot waves. Therefore, requested to take it with a pinch of salt.
ragarwal: I was unable to reach any sensible conclusion on Copper (on higher TF) hence no views. On daily charts it seems to be all set for larger correction. Hope some EW veteran will help read the chart.
SHEKHAR
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ragarwal Yellow Belt
Joined: 16 Nov 2008 Posts: 582
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Post: #21 Posted: Sun Sep 25, 2011 11:38 pm Post subject: |
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thnx shekhar fr d inputs
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shekharinvest Yellow Belt
Joined: 21 Dec 2007 Posts: 549
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Post: #22 Posted: Mon Sep 26, 2011 1:56 pm Post subject: |
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shekharinvest wrote: | With new found interest in Elliot waves I have placed wave counts as per my understanding.
Chart 1 gives a larger perspective and the Chart 2 details the correction.
I request fellow boarders who follow EW ( I know there are quite a few who are good at counts ) to kindly evaluate the charts and comment.
Charts are HINDALCO EOD 26/08/2011
SHEKHAR |
Bought Hindalco @ 125/ shall be accumulating more upto 119-120 level where correction should end. If my count is correct
Long term perspective only. Anticipating start of Wave 3 as per chart. with SL below 106.
SHEKHAR
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shekharinvest Yellow Belt
Joined: 21 Dec 2007 Posts: 549
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Post: #23 Posted: Wed Sep 28, 2011 9:20 am Post subject: |
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ragarwal
Posted below is the chart for Copper, found on the net.
Suggested TGT is $ 272.
SHEKHAR
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ragarwal Yellow Belt
Joined: 16 Nov 2008 Posts: 582
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Post: #24 Posted: Wed Sep 28, 2011 10:42 am Post subject: |
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thnx shekhar,ny idea how much tym it wil take to get to 272 and is it a buy there fr big targets
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vimalmehta White Belt
Joined: 07 Apr 2009 Posts: 20
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Post: #25 Posted: Thu Oct 06, 2011 2:01 pm Post subject: |
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Wonder if you have long term charts for gold and silver in indian rupees?
shekharinvest wrote: | Posted below are two charts for silver in Dollars. One is weekly and other one is Monthly.
The analysis is only for longer term perspective and amateurish as I have only recently acquired some interest in elliot waves. Therefore, requested to take it with a pinch of salt.
ragarwal: I was unable to reach any sensible conclusion on Copper (on higher TF) hence no views. On daily charts it seems to be all set for larger correction. Hope some EW veteran will help read the chart.
SHEKHAR |
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shekharinvest Yellow Belt
Joined: 21 Dec 2007 Posts: 549
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Post: #26 Posted: Sat Oct 08, 2011 3:24 pm Post subject: |
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Presently copper is in Wave C. Wave C has already extended more than 1.618 times of W:A next target could be the Fibo extension A*2.618 which is around 2.460.
Looking closely into the wave C . It has completed W C:3 and presently W C:4 is running which is likley to retrace min of 38.2 and could be a complex wave as W C:2 was simple which has retraced almost 61.8%.
As W C:3 is extended Golden section suggests Wave C:5 likely to end at 2.599.
As of now correction is under way one can keep a close eye on levels between 3.585 to 3.949, where a very good short possibility exists.
Also please see a Wolve Wave Running as Wave 4 ( 60 min TF). Suggesting a possible TGT for W C:4 where shorts can be initiated.
SHEKHAR
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shekharinvest Yellow Belt
Joined: 21 Dec 2007 Posts: 549
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Post: #27 Posted: Sun Oct 16, 2011 6:30 am Post subject: |
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The game White Belt
Joined: 04 Mar 2011 Posts: 46
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Post: #28 Posted: Wed Oct 19, 2011 9:24 pm Post subject: Help |
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shekharinvest sir,
Sir need your help could u allow me to send a pm ??
Regards . Pramesh (ichart user the game)
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sandew White Belt
Joined: 02 Feb 2009 Posts: 174
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Post: #29 Posted: Wed Oct 19, 2011 9:57 pm Post subject: Hi |
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Shekhar,
just to say hi to you
Sandew
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shekharinvest Yellow Belt
Joined: 21 Dec 2007 Posts: 549
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Post: #30 Posted: Sat Oct 22, 2011 8:49 pm Post subject: Re: Help |
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The game wrote: | shekharinvest sir,
Sir need your help could u allow me to send a pm ??
Regards . Pramesh (ichart user the game) |
game,
You can post any query here. If you wish to communicate through PM you are most welcome to do so. I prefer open channel.
SHEKHAR
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