Tuesday, March 29, 2011

Tuesday, March 15, 2011

Tuesday, March 8, 2011

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.


Thursday, March 3, 2011

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.

Wednesday, March 2, 2011

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...