Monday, August 27, 2012

gold elliott wave count

Tuesday, August 21, 2012

Nifty Elliott Wave Count!!!

market today closed at 5421 1.02% up...!
As per my the video uploaded on youtube i was expecting downtrend but market today made positive movement..!
price have crossed the ascending trendline was well..!
Now the 5th wave of sub-wave c of the Wave C seems to be forming a 5 wave structure!
So now the level of 5600 can be touched in coming days..!
as per Stoch which was giving a negative divergence seems to be sustaining in overbought zone.
MACD and ROC is showing the positive movement...!
10SMA 5346
55SMA 5217
200SMA 5112
Positive movement expected in short term to medium term!!

Thursday, August 16, 2012

stock analysis!!











Company Resistance Support Trend
Prime focus 48 41 down
IGL 277 260 sideways
Hindalco 100 120 up
Geometric 96 86 down
Inox Leisur 56 46 sideways
JP associate 77 72 breakout