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EW analysis on nifty & commodity |
manu_5123454 White Belt
Joined: 22 Oct 2009 Posts: 91
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Post: #1 Posted: Sat Jul 03, 2010 3:23 pm Post subject: EW analysis on nifty & commodity |
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price line is moving down as well as bearish crossover in MA at the higher levels stage near 5300 . below 5200 we will see sharp fall according to my analysis which indicates in the chart analysis so it may be 2nd wave .
weekly candlestick indicates --bearish after Doji candle. |
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manu_5123454 White Belt
Joined: 22 Oct 2009 Posts: 91
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Post: #2 Posted: Sat Jul 03, 2010 3:26 pm Post subject: |
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This is Emerging market ETF daily index ---which is showing bearish at this level. |
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manu_5123454 White Belt
Joined: 22 Oct 2009 Posts: 91
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Post: #3 Posted: Sat Jul 03, 2010 3:28 pm Post subject: |
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USDINR----breakout above 46.90 tgt. 48.20 |
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manu_5123454 White Belt
Joined: 22 Oct 2009 Posts: 91
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Post: #4 Posted: Sat Jul 03, 2010 5:03 pm Post subject: |
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i think mcx coper may touch 290 level but should not go below previous low ( which is 286 ) |
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manu_5123454 White Belt
Joined: 22 Oct 2009 Posts: 91
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Post: #5 Posted: Sat Jul 03, 2010 5:05 pm Post subject: |
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gold may rise from 18200 levels to 19300 levels which is very strong resitance zone for entier pattern |
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manu_5123454 White Belt
Joined: 22 Oct 2009 Posts: 91
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Post: #6 Posted: Sat Jul 03, 2010 5:07 pm Post subject: |
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EURUSD 5th wave tgt. near 1.15 levels and positive divergence in RSI,MACD indicates huge bullish in ahead. |
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manu_5123454 White Belt
Joined: 22 Oct 2009 Posts: 91
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Post: #7 Posted: Sat Jul 03, 2010 5:08 pm Post subject: |
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DOW may touch 9200 levels in this month |
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manu_5123454 White Belt
Joined: 22 Oct 2009 Posts: 91
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Post: #8 Posted: Sat Jul 03, 2010 5:30 pm Post subject: |
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comex gold may rise from near 1188 level to 1250-1260 levels again |
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manu_5123454 White Belt
Joined: 22 Oct 2009 Posts: 91
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Post: #9 Posted: Tue Jul 06, 2010 4:31 pm Post subject: nifty |
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after abcXabc pattern completed now its turn for the 2nd wave near 5320-30 levels as i think |
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manu_5123454 White Belt
Joined: 22 Oct 2009 Posts: 91
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Post: #10 Posted: Wed Jul 07, 2010 1:35 pm Post subject: |
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i think tatasteel may stay uptrend for atleast 3 to 4 days then go downtrend to the level of near previous low or below. |
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manu_5123454 White Belt
Joined: 22 Oct 2009 Posts: 91
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Post: #11 Posted: Thu Jul 08, 2010 12:56 pm Post subject: |
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as i told on 3rd july ----gold may go down then uptrend will be continue
yesterday gold has been achieved my lower level tgt. ( mcx-18250-80 levels). from onwards i am very bullish on gold for the levels of 19300-200 in 1 month.
in comex gold---it may touch 1232 levels. |
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manu_5123454 White Belt
Joined: 22 Oct 2009 Posts: 91
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Post: #12 Posted: Thu Jul 08, 2010 1:01 pm Post subject: |
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After 5 wave completed eurusd may come down --1.2320 |
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manu_5123454 White Belt
Joined: 22 Oct 2009 Posts: 91
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Post: #13 Posted: Thu Jul 08, 2010 1:16 pm Post subject: |
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i think copper should not go above the upper blue trend line and it may come down in this month 280 or previous low ( mcx 290-85) |
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manu_5123454 White Belt
Joined: 22 Oct 2009 Posts: 91
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Post: #14 Posted: Fri Jul 09, 2010 2:24 pm Post subject: |
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infosys daily chart is showing overbought as well as negative divergence in daily ,weekly, 1hr. chart.
and according to elliott wave analysis (EW) 5 wave pattern has been completed , so every rise to built short position in this script for the period of long,midium,short term.
infosystech result will be announce on 13th july . i don't look on cmpany's result good or bad , just look only chart. |
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manu_5123454 White Belt
Joined: 22 Oct 2009 Posts: 91
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Post: #15 Posted: Fri Jul 09, 2010 2:25 pm Post subject: |
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infosys |
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