Elliott Wave TA Updates

[babukraman]

First of all, thx for reply.


What a query. Atleast someone is interested in regular ew counts.
To be honest, this was & is my primary best count which proved correct.
Also, i will post all further count for u specially after 5400.

This count was much easy & good than even expectation as everything happened as per schedule say if w3 is extension then w5=w1.

Heres the re-count...
It count is still not clear then i will try to make this count clear by counting in depth.

http://postimage.org/image/6t0rn3wk/

Hi,
Thanks for the sub-wave counts. However, the "v" is greater the "iii" in the count. Is it supposed to be the correct way?

Regards,
Babu Kothandaraman

 

[ramant]

Hi,
Thanks for the sub-wave counts. However, the "v" is greater the "iii" in the count. Is it supposed to be the correct way?

Regards,
Babu Kothandaraman

But there r times when wave 2 can cross wave 1 by 100 or even 110% percent.
In other counts, u can see wave 2 crossing wave 1 (on last thursday).
Also, this happened @ wave 3(w1of w1 by 10 pts) & wave 5(w2 by 20 pts) of leading diagonal after 10 feb.

I know w2 can't exceed w1 by more than 100% as this is rule & not guideline.
But u will not get any expert elliticians who can teach u all as most elliticians use different count @ same waves.

If u r not satisfied then i can try depth count @ sub-minuette waves for downside 5600-5400.

 

[ramant]

Nifty below 5380 can test 5200...

 

[ramant]

CHK latest EW update for NIFTY & BANK NIFTY...


http://postimage.org/image/1z8obdfhg/

 

[ramant]

This pic is very hazy; could you pls. post another clear pic? Thanks



Hi,
I'm not an expert to comment on your EW counts. However, I've got a query. You've marked the May 16th and 17th move as wave iii. If that's the case, could you pls. mark the five sub-waves of this wave iii?

Regards,
Babu Kothandaraman

=========================================


CHK this updated attachment... Move of 16-17 is covered in the attachment.
Ending diagonal 3-3-3-3-3..... E is abt

 

[ramant]

chk for downside target @ 5262...

 

[ramant]

Exit SHORTS!!!! as ending diagonal is completed...
Full head & shoulder pattern completed.


UPSIDE MOVE EXPECTED @ 5600
Buy!!!

 

[ramant]

Exit SHORTS!!!! as ending diagonal is completed...
Full head & shoulder pattern completed.


UPSIDE MOVE EXPECTED @ 5600
Buy!!!

Buy 5500 Put @ 75/- :thumb:
Downside mode activated!!!
Target1 = 5480 :lol:
T2= 5450 :clapping:
T3= 5380 :clap:
S-L: 5600 :rofl:

 

[ramant]

Exit SHORTS!!!! as ending diagonal is completed...
Full head & shoulder pattern completed.


UPSIDE MOVE EXPECTED @ 5600
Buy!!!

Buy 5500 Put @ SPOT - [5450] >>75/-<< :thumb:
Downside mode activated!!!
Target1 = 5480 :lol:
T2= 5450 :clapping:
T3= 5380 :clap:
S-L: 5600 :rofl:

 

[ramant]

If C up wave is finished below 5600 then downside can be more.
Target1: 5380
Target2: 5330+ depending upon wave formations....