Thursday, January 13, 2011

Introducing NIFTY Alternate Elliott Wave Count

In continuation with my previous post where I had mentioned we need to be long with SL fof 5800 for  nifty target of 6000 zone, i see that based on an ALTERNATE perspective Nifty has a strong chance of making new highs. This scenario bodes well with my earlier count posted on SENSEX (readers would appreciate visiting the SENSEX post).

Here is an alternate scenario:

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elliotmania said...

Elliot wave internatioonal gives it as 3rd wave down.

Vivek Marne said...

yes i know about it. I am keeping this as an alternate count. If u go thru my previous posts, I have mentiuoned this is wave 3 down. but in case 6155 breached then i would look forward to this count.

vineet said...

Is it possible for you to send me the EWI report which says that this is 3rd down? My email id is



elliotmania said...

Is it possible , that this is the abc of 2nd wave.

elliotmania said...

Hi, Vineet.
Plz go to the n go to the free updates.

vineet said...

unable to find it. Pls can you help me.