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Elliot Wave study of Nifty |
Raghuvanshi White Belt
Joined: 24 Jan 2012 Posts: 24
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Post: #16 Posted: Thu Jun 14, 2012 4:14 pm Post subject: |
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At EOD 14-6-2011; following two charts illustrate my view point: |
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Raghuvanshi White Belt
Joined: 24 Jan 2012 Posts: 24
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Post: #17 Posted: Sat Jun 16, 2012 12:04 pm Post subject: |
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The last leg of the upmove from 4770 change tracks to take the pattern of a diagonal(instead of simple Impulse) thus delaying the downmove(again):
This diagonal wherein sw1>sw3>sw5 is quite capable of going upto 5174(5047+127),though the minimum has been done-- |
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p_wangdu White Belt
Joined: 30 Apr 2012 Posts: 126
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Post: #18 Posted: Sat Jun 16, 2012 7:20 pm Post subject: |
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Raghuvanshi wrote: | The last leg of the upmove from 4770 change tracks to take the pattern of a diagonal(instead of simple Impulse) thus delaying the downmove(again):
This diagonal wherein sw1>sw3>sw5 is quite capable of going upto 5174(5047+127),though the minimum has been done-- | NIFTY EOD CHART AS PER RECENT DAILY BAR DEVELOPMENT ... I DO BELIEVE AS PER EW STUDY THAT NIFTY MINIMUM TARGET 5869 INTACT AS PER CHART EARLIER POSTED IN THIS DISCUSSION FORUM LAST WEEK. |
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Raghuvanshi White Belt
Joined: 24 Jan 2012 Posts: 24
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Post: #19 Posted: Sun Jun 17, 2012 8:34 am Post subject: Re: ew eod chart |
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[/quote] hi raghuvanshi, as per ew principle all counts fine and perfect ... i have never come across anything which suggest that (iii) should be 1.62 or more than that, as far as your marking as per ew guidelines and principles. thanks for rising the discussion.[/quote]
Dear Wangduji,
This particular sentence "i have never come across anything which suggest that (iii) should be 1.62 or more than that--" had told me that our basic understanding of EW principles differs--
So our labels naturally would differ--- |
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p_wangdu White Belt
Joined: 30 Apr 2012 Posts: 126
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Post: #20 Posted: Sun Jun 17, 2012 8:59 am Post subject: Re: ew eod chart |
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hi raghuvanshi, as per ew principle all counts fine and perfect ... i have never come across anything which suggest that (iii) should be 1.62 or more than that, as far as your marking as per ew guidelines and principles. thanks for rising the discussion.[/quote]
Dear Wangduji,
This particular sentence "i have never come across anything which suggest that (iii) should be 1.62 or more than that--" had told me that our basic understanding of EW principles differs--
So our labels naturally would differ---[/quote] lets not aargue about understanding , let chart and labels unfold the future . thanks |
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Jaibajranbali White Belt
Joined: 18 May 2012 Posts: 27
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Post: #21 Posted: Sun Jun 17, 2012 1:35 pm Post subject: Re: ew eod chart |
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hi raghuvanshi, as per ew principle all counts fine and perfect ... i have never come across anything which suggest that (iii) should be 1.62 or more than that, as far as your marking as per ew guidelines and principles. thanks for rising the discussion.[/quote]
Dear Wangduji,
This particular sentence "i have never come across anything which suggest that (iii) should be 1.62 or more than that--" had told me that our basic understanding of EW principles differs--
So our labels naturally would differ---[/quote]
Most likely the Nifty is forming wave "X" |
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Jaibajranbali White Belt
Joined: 18 May 2012 Posts: 27
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Post: #22 Posted: Sun Jun 17, 2012 1:53 pm Post subject: Re: ew eod chart |
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Jaibajranbali wrote: | hi raghuvanshi, as per ew principle all counts fine and perfect ... i have never come across anything which suggest that (iii) should be 1.62 or more than that, as far as your marking as per ew guidelines and principles. thanks for rising the discussion. |
Dear Wangduji,
This particular sentence "i have never come across anything which suggest that (iii) should be 1.62 or more than that--" had told me that our basic understanding of EW principles differs--
So our labels naturally would differ---[/quote]
Most likely the Nifty is forming wave "X"[/quote]
MACD suggesting the Latent disinterest in buying |
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Jaibajranbali White Belt
Joined: 18 May 2012 Posts: 27
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Post: #23 Posted: Mon Jun 18, 2012 9:01 am Post subject: Re: ew eod chart |
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Jaibajranbali wrote: | Jaibajranbali wrote: | hi raghuvanshi, as per ew principle all counts fine and perfect ... i have never come across anything which suggest that (iii) should be 1.62 or more than that, as far as your marking as per ew guidelines and principles. thanks for rising the discussion. |
Dear Wangduji,
This particular sentence "i have never come across anything which suggest that (iii) should be 1.62 or more than that--" had told me that our basic understanding of EW principles differs--
So our labels naturally would differ--- |
Most likely the Nifty is forming wave "X"[/quote]
MACD suggesting the Latent disinterest in buying[/quote] |
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Jaibajranbali White Belt
Joined: 18 May 2012 Posts: 27
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Post: #24 Posted: Mon Jun 18, 2012 12:14 pm Post subject: Re: ew eod chart |
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Jaibajranbali wrote: | Jaibajranbali wrote: | Jaibajranbali wrote: | hi raghuvanshi, as per ew principle all counts fine and perfect ... i have never come across anything which suggest that (iii) should be 1.62 or more than that, as far as your marking as per ew guidelines and principles. thanks for rising the discussion. |
Dear Wangduji,
This particular sentence "i have never come across anything which suggest that (iii) should be 1.62 or more than that--" had told me that our basic understanding of EW principles differs--
So our labels naturally would differ--- |
Most likely the Nifty is forming wave "X" |
MACD suggesting the Latent disinterest in buying[/quote][/quote] |
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Raghuvanshi White Belt
Joined: 24 Jan 2012 Posts: 24
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Post: #25 Posted: Mon Jun 18, 2012 5:27 pm Post subject: Re: ew eod chart |
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Dear & Respected Sir,
The death warrant was torn by RBI.
Could you please enlighten us with your W(as X must have been preceded by it)
Thanks |
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Jaibajranbali White Belt
Joined: 18 May 2012 Posts: 27
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Post: #26 Posted: Mon Jun 18, 2012 6:43 pm Post subject: Re: ew eod chart |
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Raghuvanshi wrote: | Dear & Respected Sir,
The death warrant was torn by RBI.
Could you please enlighten us with your W(as X must have been preceded by it)
Thanks |
Dear Raghuvanshi ji !
RBI was some what late , & couldn't torn the Death warrant !
That was already serviced !
thanks
jaibajranbali ! |
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Raghuvanshi White Belt
Joined: 24 Jan 2012 Posts: 24
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Post: #27 Posted: Mon Jun 18, 2012 11:09 pm Post subject: Re: ew eod chart |
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Dear Raghuvanshi ji !
RBI was some what late , & couldn't torn the Death warrant !
That was already serviced !
thanks
jaibajranbali ![/quote]
Please forgive me Sir,
Your chart has more Gods and less EW---
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Jaibajranbali White Belt
Joined: 18 May 2012 Posts: 27
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Post: #28 Posted: Tue Jun 19, 2012 8:26 am Post subject: Re: ew eod chart |
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Raghuvanshi wrote: | Dear Raghuvanshi ji !
RBI was some what late , & couldn't torn the Death warrant !
That was already serviced !
thanks
jaibajranbali ! |
Please forgive me Sir,
Your chart has more Gods and less EW---
[/quote]
Eager to see a current chart, with out GOD , but with Ideal EW ! |
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kamal.icharts Site Admin
Joined: 10 Apr 2013 Posts: 576
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Post: #29 Posted: Tue Jun 19, 2012 8:56 am Post subject: Re: ew eod chart |
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Dear Members,
The charts posted below has been deleted. Please read the point 12 of the rules and regulations given over here http://www.icharts.in/forum/forum-usage-rules-und-regulations-t2771.html
Please ensure that all the charts posted here, are in accordance with the rules laid down.
Thanks for understanding.
Kamal |
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Raghuvanshi White Belt
Joined: 24 Jan 2012 Posts: 24
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Post: #30 Posted: Wed Jun 20, 2012 3:57 pm Post subject: Re: ew eod chart |
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lets not aargue about understanding , let chart and labels unfold the future . thanks[/quote]
The last leg of downmove--labelled Yc has started from 5189 downwards and will fan out either as a 5 wave Impulse or Diagonal
A=4531-5629=1098
B retracing A as WXY:
W=5629-5136
X=5136-5378(ending at 5342)
Y=5342 downwards having done:
Ya=5342-4789=553
Yb=4789-5190=401
Yc started from 5190 and likely to do minimum 0.62*Ya=343 as a 5 wave form(impulse or diagonal)
So far it has done:
Yc1=5189-5041=148
Yc2=5041-5141*=100 seems to be over today
Yc3 to start now-- |
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