HDFCBANK, ICICIBANK Follow up: Gartley First Targets achieved

Bearish Gartley Completed: Go short

Bearish Gartley Completed: Go Short

Nifty: A few WWs since 8th March

I could only ride waves 3 and 4.

A possible WW. Target would be 5600.

Nifty: Bearish Butterfly

HDFCBANK Follow-up: Go long - Target 2310 looks on track

Nifty 2 min Chart: Bullish Gartley (8-Mar-2011)

Traded the Wolfe. Traded the CD & longed at D. Booked profit at 61.8% and 100% of CD.

Short HDFCBANK at 2310: Gartley & Wolfe Wave

Bearish gartley and bearish wolfe wave will be setup at exactly same point. Short the hell out of this stock then..

ICICI Bearish Gartley

Elliott Wave on Nifty

This correction from 5177 bemuses me. Will it be a zig-zag, flat, triangle or combination? Flat or a triangle seem more plausible.

Nifty Follow up

My last post had mentioned shorting levels of Nifty at 5650 and above. (Link to chart)
Nifty is clearly headed towards these levels. I have also found out a bearish Gartley forming. I believe we still are in the fourth wave up of third wave down from November highs.

Another Gartley in Nifty...

RIL, HDFC, ITC, ONGC

Here I Come! Err, doc, I am new to this blogging thing..

Now, I am a man of the market (Just stepped out of my teens). I have been making predictions left, right and center about stock & index movements. I thought having a record of my ravings and the accuracy of such rants would be awesome (only for personal gratification or ahem! ahem!, public ignominy)

Here are a few charts. I am using Wolfe Wave theory to find targets for stocks..
(Visit www.wolfwave.com , www.chart.nu/wolfewave.htm for details on this analysis)

NIFTY 

And some Index heavyweights........

HDFC

ITC: Shorter Term

ITC Longer Term

ONGC

HDFC Bank: Longer Term

TCS