Elliott Wave Theory

[veeru1978]

Hello Everybody,
Views invited on PNB. Is my labeling of EW counts correct ?

http://s22.postimg.org/n32wisbc1/PNB_Daily_20_02_2015.png

 

[timepass]

Hello Everybody,
Views invited on PNB. Is my labeling of EW counts correct ?

http://s22.postimg.org/n32wisbc1/PNB_Daily_20_02_2015.png

reposting the image..

 

[umanghai]

.............Reliance Industries Ltd........................abcde in wave2 ?

 

[durgesh]

Not to get suckered in at the top . Stiff resistance at 9139 and 9320. Although i am not sure if Nifty will goto 9300+ . We can see a minimum decline to 8350 and worse 7500 . Tighten your seatbelt folks if incase i get it right.

 

[umanghai]

tata mAteliks tgt 200+ showed by kevin

 

[aryabhatta]

I am not trying to sell any body any thing, only trying to polish my skills further. As I already stated that this thread is only for educational purpose. Doing this I only trying to give away what I took from here and my seniors. Thanks.

Really ??

Btw nice record --> http://www.myfxbook.com/members/1sandeepgupta

Goodluck with EW :thumb:

 

[durgesh]

Nifty should find good support at 7915-8000 and rally for a new high provided it doesn't develop a complex correction. Wave 4 is generally tricky and complex .Normally , it is the most time consuming of all waves.
As of now , a simple zig-zag correction in wave 4 is about to complete.

 

[mrajamohan]

Dear Dugeesh,

You were doing excellent job by posting EW counts which is helpful to everyone who learning EW:thumb. These days i am not seeing any new post from you. Kindly make new posts forum to enhance EW skills.:thumb:

 

[durgesh]

MCX Gold Daily

Looks like Gold has completed a tripple zig-zag correction from the all time highs and started taking steps towards new highs again.

 

[durgesh]

NIFTY Daily

Two possible wave counts on NIFTY. Looks like a corrective decline .