| View previous topic :: View next topic |
| Author |
CHARTS & PATTERNS |
manna
White Belt
Joined: 31 Aug 2010
Posts: 31
|
Post: #241  Posted: Thu Nov 20, 2014 8:28 pm Post subject: |
 |
|
shekhar ji
Has RCOM wave counting has been negated as wave 4 has entered wave 2.
please guide
thanks
rajesh
|
|
| Back to top |
|
 |
|
|
|
shekharinvest
Yellow Belt
Joined: 21 Dec 2007
Posts: 549
|
| Post: #242 Posted: Thu Nov 27, 2014 3:09 pm Post subject: |
|
|
| manna wrote: | shekhar ji
Has RCOM wave counting has been negated as wave 4 has entered wave 2.
please guide
thanks
rajesh |
Rajesh
Generally I ignore the sharp tail like structures as is seen on the chart (ichart EOD). Although, the classical Elliotwave says that overlap even by 1 tick negates the count, but I go my own way, subjective though.
Wait for clear alternative to appear we will change then. Until then stick with present.
Posted below is chart from other source and you can see for your self. Also posted is a Gold EOD chart showing price movement yesterday.
Hope it clarifies.
SHEKHAR
| Description: |
|
| Filesize: |
22.09 KB |
| Viewed: |
673 Time(s) |
|
| Description: |
|
| Filesize: |
25.26 KB |
| Viewed: |
722 Time(s) |
|
|
|
| Back to top |
|
|
shekharinvest
Yellow Belt
Joined: 21 Dec 2007
Posts: 549
|
|
| Back to top |
|
|
manna
White Belt
Joined: 31 Aug 2010
Posts: 31
|
| Post: #244 Posted: Wed Dec 17, 2014 4:26 pm Post subject: |
|
|
shekhar ji
thanks for guidance
rajesh
|
|
| Back to top |
|
|
amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
|
| Post: #245 Posted: Wed Jan 28, 2015 6:28 pm Post subject: |
|
|
Congratulating you for your immense forecasting skills and target of 8913-8948 etc just done. As per your wave counts , this should end - also upper monthly channel resistance and bigger retracd of the ferocious wave 3 shall start sooner the later . Do you see pre budget or one off post budget spike to 9200-9300 with a gap followed by ferocious fall?
What is your count now for the retrace targets. When will it "confirm that wave 3 has ended?
| shekharinvest wrote: | It is said that over the period of time 'Mass Psychology' remains the same. Group of people at different places behave in the same manner repeatedly.
Attached is a Chart which I came across going through my study material taken from the web some time back. The astonishing similarity with the NIFTY movement which we are witnessing these days caught my eyes.
I have cropped the chart to show approximately the stage where NIFTY is presently. Hope everybody sees what I am seeing.
Let me know If you agree.
SHEKHAR
Also attached is the NIFTY chart posted by me few days back.
The security in the chart is different in a different time zone. Wave markings on the chart are by original author. |
|
|
| Back to top |
|
|
vinst
Black Belt
Joined: 09 Jan 2007
Posts: 3303
|
| Post: #246 Posted: Sun Feb 01, 2015 6:44 pm Post subject: |
|
|
NF has formed bearish butterfly (novice reading).
experts : please check and comment (if worth ! )
|
|
| Back to top |
|
|
AMBY
Yellow Belt
Joined: 05 Sep 2014
Posts: 503
|
| Post: #247 Posted: Mon Feb 02, 2015 9:59 am Post subject: |
|
|
| THANKS FOR R COM CHART.
|
|
| Back to top |
|
|
shekharinvest
Yellow Belt
Joined: 21 Dec 2007
Posts: 549
|
| Post: #248 Posted: Sun Mar 15, 2015 2:37 pm Post subject: |
|
|
Bank of Baroda
Chart is self explanatory.
SHEKHAR
| Description: |
|
| Filesize: |
65.08 KB |
| Viewed: |
687 Time(s) |
|
|
|
| Back to top |
|
|
ap00039
White Belt
Joined: 27 Oct 2014
Posts: 10
|
| Post: #249 Posted: Sun Mar 15, 2015 3:51 pm Post subject: DLF SPOT 16 MARCH 2015 |
|
|
DLF HURDLE 164
ONCE CROSS THIS LEVEL
THEN BLAST THIS STOCK
[Content Removed by Admin]
| Description: |
|
| Filesize: |
18.09 KB |
| Viewed: |
561 Time(s) |
|
|
|
| Back to top |
|
|
amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
|
| Post: #250 Posted: Sun Mar 15, 2015 4:28 pm Post subject: |
|
|
Hi
Can u update this please. Your 8900 targets are well met and your below euro GBT chart trying to correlate with Nifty as you suggest ,chart suggests fall till 8000 followed by rise till 8500 and then fall back to 8000 and rise in round pattern to 9000 followed by fall in channel- I may well be " terribly wrong" here so please guide what import are u deriving from the inter market analysis
Regards
Amit
| shekharinvest wrote: | | shekharinvest wrote: | It is said that over the period of time 'Mass Psychology' remains the same. Group of people at different places behave in the same manner repeatedly.
Attached is a Chart which I came across going through my study material taken from the web some time back. The astonishing similarity with the NIFTY movement which we are witnessing these days caught my eyes.
I have cropped the chart to show approximately the stage where NIFTY is presently. Hope everybody sees what I am seeing.
Let me know If you agree.
SHEKHAR
Also attached is the NIFTY chart posted by me few days back.
The security in the chart is different in a different time zone. Wave markings on the chart are by original author. |
If history repeats. Nifty may take the following route going forward.
SHEKHAR |
|
|
| Back to top |
|
|
AMBY
Yellow Belt
Joined: 05 Sep 2014
Posts: 503
|
| Post: #251 Posted: Sun Mar 15, 2015 5:15 pm Post subject: THANKS, |
|
|
CAN YOU GIVE US UPDATE FOR R.COM AND RELIANCE CAPITAL,
|
|
| Back to top |
|
|
amitkbaid1008
Yellow Belt
Joined: 04 Mar 2009
Posts: 540
|
| Post: #252 Posted: Sun Mar 15, 2015 7:42 pm Post subject: Re: DLF SPOT 16 MARCH 2015 |
|
|
| ap00039 wrote: | DLF HURDLE 164
ONCE CROSS THIS LEVEL
THEN BLAST THIS STOCK
[Content Removed by Admin]/ |
Team iCharts
Please have a look at the quoted message please.
I think it needs your attention.
|
|
| Back to top |
|
|
amitkbaid1008
Yellow Belt
Joined: 04 Mar 2009
Posts: 540
|
| Post: #253 Posted: Sun Mar 15, 2015 7:50 pm Post subject: Re: DLF SPOT 16 MARCH 2015 |
|
|
| ap00039 wrote: | DLF HURDLE 164
ONCE CROSS THIS LEVEL
THEN BLAST THIS STOCK
[Content Removed by Admin]/ |
I think major resistance zone is 179-185. Till it cross 185, it can move towards 115 anytime.
|
|
| Back to top |
|
|
hemant.icharts
Site Admin
Joined: 10 May 2011
Posts: 334
|
| Post: #254 Posted: Sun Mar 15, 2015 10:53 pm Post subject: Re: DLF SPOT 16 MARCH 2015 |
|
|
Dear Member,
Please note that you are not allowed to post link of your personal or any other blog. Please ensure you abide the terms and conditions of the Forum available at http://www.icharts.in/forum/forum-usage-rules-und-regulations-t2771.html
Please refer Point No 2 and ensure you abide by it.
We appreciate your understanding in this regards
Regards,
Hemant @ iCharts.
| ap00039 wrote: | DLF HURDLE 164
ONCE CROSS THIS LEVEL
THEN BLAST THIS STOCK
[Content Removed by Admin] |
|
|
| Back to top |
|
|
shekharinvest
Yellow Belt
Joined: 21 Dec 2007
Posts: 549
|
| Post: #255 Posted: Mon Mar 16, 2015 9:06 am Post subject: Re: THANKS, |
|
|
| AMBY wrote: | CAN YOU GIVE US UPDATE FOR R.COM AND RELIANCE CAPITAL,
|
RCOM came in the range of 61-62 it is a buy with SL below the low of starting of W1 probably somewhere at 48, (I dont have chart in front of me)
I think based on the EW projection one can take this much risk. Also note that price is showing divergence on RSI, alternatively one can take long position based on ones entry criterion with smaller risk.
Amby, if it is wave iii of 3 it may not give you second chance to enter, and that will also be the confirmation that it indeed is iii of 3. Always keep personality of wave form in mind.
SHEKHAR
Last edited by shekharinvest on Mon Mar 16, 2015 9:25 am; edited 1 time in total |
|
| Back to top |
|
|
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
