ICICI Elliottwave Short term update

ICICI short term elliottwave count update

ICICI Elliottwave count update : Price completed wave 1 of minor degree at 320.  Wave 2 of minor degree is taking the form of a flat correction and should test the wave ‘a’ low of 303.95.  Correction should end at or about this level, and could also extend to 297 (1.618 of wave a) to […]

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Sensex Elliottwave Gold

Sensex Gold Elliottwave is the Sensex priced in Gold US Dollars. Gold in USD terms is important as it measures real money and is not subject to whims and fancies of central bankers and politicians.This chart goes back to the year 1979.  3 month chart (i.e. each candlestick represents 3 months). It makes fascinating viewing […]

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Nifty Pharma Elliottwave

Nifty Pharma Elliottwave count

Nifty Pharma Elliottwave count :  CMP 9954 From the weekly chart, the Nifty pharma’s all time high was in April 2015 at 14,020. Notice the corrective decline in clear ABC fashion to 8,314 in Aug 2017.  Price touching the lower trend channel line in wave C was the 1st clue to look for an end […]

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wockhardt elliottwave count

Wockhardt Elliottwave Count

Wockhardt Elliottwave Count : One of the most lucrative elliottwave patterns is the ending diagonal as it signifies a rapid move in the opposite direction at its culmination.  It also does not appear very often.  When it does appear, it only appears in 5th waves of an impulse or C waves of a correction.  (In […]

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NCC

NCC elliottwave count : CMP 108. NCC has conclusively broken out of its 2 year correction (WX-Triangle Y) and appears poised to move much higher. On the 2 hour chart, price has completed its wave 4 on minuette degree today at 107 and should move nicely higher in minor degree 1 of 3. Alternate count […]

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Reliance Update elliottwave

Reliance Update elliottwave : CMP 945.60. There is no change in wave structure of Reliance from our post of 27th Oct, and so far appears to be following script. Quote from post of 27th Oct “It is our view that wave 3 (of 5) completed at 872.1 in Sept 2017, and price is currently in […]

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Nifty 50 Elliottwave

Nifty 50 elliottwave

Nifty 50 Elliottwave Count : The elliottwave count shows the Nifty in the early stages of a 3rd wave on 5 degrees of trend, (i.e. a 3rd of a 3rd of a 3rd of a 3rd of a 3rd wave – Hold on to your hats !!), so the Nifty 50 should advance in an […]

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Gold INR Elliottwave

Gold INR Elliottwave

Gold INR Elliottwave – Gold in Indian Rupees elliottwave Count, CMP 81,943 / oz. Symbol XAUINR or XAU.INR Gold is in an uptrend longer term.  Short term it is in corrective mode. Preferred count shows Gold to be in a double correction WXY after it completed a 5 wave move up in June 2016 at […]

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Graphite Elliottwave

GRAPHITE Elliottwave

Graphite Elliottwave Count – CMP 575 Graphite monthly chart : Wave 1 on Primary degree ended in Oct 2007 at 95.80 followed by a double correction from 2008 to Feb 2016 – W-X-Y in wave 2.  Y took the form of a triangle and completed in Dec 2016 at 71.20.  Typical of a Wave Y […]

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