Wednesday, December 23, 2009

>Nifty Elliott wave analysis(EXPANDED FLAT)

Hi friends,
Couple of trading sessions back have told about possibility of a expanded flat
in nifty
and well yes it unfolded into a nice expanded flat.

Don't know about expanded flat read here EXPANDED FLAT

We got nice 3,3 ,5 subwaves .

And today a nice breakout from expanded flat structure they fail rarely :)

And few say charts don't work ,I say its just an excuse to avoid hard work.

Regards
Rish
RESEARCH REPORTS

6 comments:

krishna said...

YES SIR...THIS IS THE BEAUTY OF CHARTSSSSSSSSSS

Anonymous said...

please explain in simple terms. So is this upmove of today make the trend up once again? what could be the targets?

Dost Mumbai said...

Does this mean one can go out and buy any good script at CMP for another 5-10% rise. Or he should wait some more days. Because for last three I booked profit and eagerly waiting to make an entry at lower level. Your view please.

Rish said...

Dost mumbai buy retace of this rise .I had told clearly buy panic below 5000 you should hv bought it then check here http://www.eagleeyetrade.com/2009/12/16/nifty-elliott-wave-analysis/

Anonymous said...

lol, all elliot analysts failed for this sudden rise and trying to cover their mistakes

Rish said...

Anonymous read the above comment written in response to dost mumbai and go to the respective link you would be enlightened by the strength of waves.

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