Elliott Wave Theory

[traderniftybank]

I agree,6800 spot level we will break again, Jun-july we may hit 6440

only 6440,
bhai, but I am relying on 5555, uska kya hoga

 

[333]

bhai, bhagne per jaldi hi fullstop lagne wala hai :lol:

3 saal ka period mein SBI will be hot cake,Double is nothing from this level.So traders should cautious but Investor buy on every dips.

 

[WaveSurfer]

MCX Crude

1639 , de do Babaji

 

[prabhsingh]

only 6440,
bhai, but I am relying on 5555, uska kya hoga

Max low that Nifty can move is towards 6646 which is also 61.8% fib golden ratio.But first i do foresee Nifty touching 7600 levels.If this level gets broken then there are very dim chances of Nifty even breaking 6800 levels.

 

[prabhsingh]

3 saal ka period mein SBI will be hot cake,Double is nothing from this level.So traders should cautious but Investor buy on every dips.

Agree.See SBI if it ever comes close to 150 levels then its going to be golden opportunity to buy because i personally feel its going to be very difficult for SBIN to break 148-150 levels.Complete fall from 336 to 148 was in Zig-Zag format which has 5-3-5 as internal Wave structure.

 

[amitagg]

MCX Crude

1639 , de do Babaji

Durgesh

Any comments in wave surfers charts

Thanks

 

[WaveSurfer]

Durgesh

Any comments in wave surfers charts

Thanks

He can't comment till 12th. So, you gotta do with me till he's back :cheers:

Bank Nifty Spot

Some classic resistance cluster at 15687-15764 for wave 4 to end. In wave 5 , BNF may drop to 12833-12623 .

 

[traderniftybank]

3 saal ka period mein SBI will be hot cake,Double is nothing from this level.So traders should cautious but Investor buy on every dips.

3 saal mein na, no doubt about it
but IMO, we were talking for present and next few weeks and not 1-3 years.

 

[traderniftybank]

MCX Crude

1639 , de do Babaji

aayega, aayega, yeh level (as mentioned by you) bhi aayega, lekin abhi time lagega.

 

[powerofthirdwave]

JK Tyre Monthly

JK Tyre Weekly

Once there are five complete waves in Y on weekly , it will be worth considering taking a position. Right now , third wave is underway.
Fifth wave on weekly and bigger third wave on monthly should complete around 253.

durgesh plz have a look at monthly chart.... don't u think wave wave 3 of bigger 3 is very highly extended from 16 to 163 that is almost 900% which is unusual...

secondly i saw the monthly chart at investing. com where the low was coming as 2.5 in year 2004......Please clarify the same....