Elliott Wave TA Updates

[SCION]

Like i mentioned earlier i no longer trade on EWT.So i dont care if the count i posted went wrong.

Your count is equally good so u can take my count as alternate count...
May be ur count is more vaild which time will tell us.
But the process of learning never stops..


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What r the primary indicators u do refer before entering a trade?

 

[ramant]

VIEW STATES CORRECTION COMPLETED @ SPOT AS A FLAT!!!

UPSIDE FRM SPOT IS LIKELY TO HAPPEN...
Market is always rewarding when u can configure the lows or highs...


http://postimage.org/image/p61lc4ec/

:clap:

 

[ramant]

Buy recommendation!!!

 

[krish4166]

ramanth, do u trade with the same strategy on intraday basis, if so plz post a 5min chart.

 

[ramant]

ramanth, do u trade with the same strategy on intraday basis, if so plz post a 5min chart.

YES!!! I DO TRADE USING EW WAVES...
INVESTING @ OPTIONS @ SURE SIGNALS!
But there is requirement to give time to the predictions i.e. no to fall in trap (ELLIOTT TIME CRISIS which is stated by G.Neely).

PREVIOUS POST LABELLING IS @ 15-MIN CHART.
I do prefer 15min chart along with channels, points (up/down) created by wave 3 to predict span of wave 5.... Say most of time there is no need to count waves @ sub-minuette level bcz channel speaks everything.

ONLY PROBLEM IS THE VIEW PRESENTED BY DIFFERENT ELLITICIANS WHICH CAN'T MATCH SO BELIEVE UR OWN EYES & BRAIN BEFORE INVESTING.

Related content:
Master ilango is presenting intraday counts in depth so u can follow his blog.
http://tradeinniftyonly.blogspot.com/
http://elliotwaveindia.blogspot.com/
http://elliottwaveindia.blogspot.com/

 

[ramant]

Nifty EW analysis:

Check these links:-
http://postimage.org/image/2wzjtrkec/

http://postimage.org/image/2cwwy7n8k/

NIFTY SHORT TO MID-TERM Overview:
Nifty is in correction of type DOUBLE ZIGZAG i.e. correction is not complete & target is 4700. But 4700 can't be achieved directly i.e. NIFTY must complete three phases a.b,c for second round. Frm which a is near completion @5400-5200. Then bounce back to 5600-5650 & then return to its low for another bounce upto 5800-5850 levels as b wave AND THEN ULTIMATE JACKPOT FALL TILL 4700 as c wave.

If this happens then a NEW UPMOVE will come that will TAKE NIFTY TO NEW HIGHS ABOVE 6300 WITH A LOT MORE VOLUMES AS WAVE 3(3) FOR UNLIMITED RETURNS.

If my wave count is CORRECT & this is likely to happen soon &
i will update regular moves with targets.

ALERT: If this not happening then BUY @ 5950 without even thinking.
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ABOVE VIEW WAS FOR ZIGZAG
BUT MARKET CLOSED @ FRIDAY AFTER COMPLETING A FLAT INSTEAD IF ZIGZAG..... This means that BEAR phase is OVER for now!!!

 

[ramant]

Nifty update!!!

After break of 5350, it seems like wave 3 as only wave 3 can break the trendline & not zigzag which was my earlier wrong count.

 

[ramant]

It(correction) was much confusing but now i will bet for upmove....
which was my primary count after the flat..
INVERTED H&S FORMATION

 

[ramant]

http://postimage.org/image/336q3m4as/

 

[ramant]

Nifty null & bear count!!! (AFTER 5600???)

http://postimage.org/image/2xyigpu84/

http://postimage.org/image/2xydi3sqs/