>Nifty elliot wave counts

Nifty didnot behave exactly it was anticipated in yesterdays post.
Maybe the 5 up had finished near 5400.The chart attached shows the concerned count.If this count works then some rise coming up .
There is another bearish count which could unfold the following chart shows that
It says from 5400 we have done 3 down rather than abc .
This count is valid till 5345 is not breached which would suggest it was a 5 down from top
Overall volatility is increasing which suggests fast moves possible in days to come .
I feel any rise (If any) above 5400 should be used to write calls .Would update if i find
something interesting nifty tries to do :).
RESEARCH REPORTS

>INSIDER TRADING 08-04-10(Bulli Coke Pvt Ltd bought Gujarat NRE Coke Ltd)

Scrip Code	Company	Name of Acquirer / Seller	Transaction Date	Buy /Sale	No.of Shares Transacted		Holding after Transaction
					Quantity	%	Quantity	%
521070	Alok Industries Ltd	Caledonia Investments Plc	--	B	6861064	0.00	97110068	12.33	#
500034	Bajaj Auto Finance Ltd	Bajaj Finserv Ltd	26/03/2010	B	969023	2.64	16337999	44.64	#
532931	Burnpur Cement Ltd	Shashi Gutgutia	30/03/2010	B	142000		1275667	2.97	#
522251	Cenlub Industries Ltd	Madhu Mittal	29/03/2010 - 31/03/2010	B	4314		449721	10.92	*
532941	Cords Cable Industries Ltd	Devender Kumar Prashar	31/03/2010	B	14947	0.13	2529158	22.13	#
500840	EIH Ltd	ITC Ltd	30/03/2010	B	58864763	14.98	58864763	14.98	#
500840	EIH Ltd	Russell Credit Ltd	30/03/2010	S	58864763	14.98	0	0.00	#
532038	Emmsons International Ltd	Anil Monga	31/03/2010	B	5800	0.00	1332240	25.88	*
532038	Emmsons International Ltd	Anil Monga	31/03/2010	B	5800	0.00	1332240	25.88	#
532684	Everest Kanto Cylinder Ltd	Mrs Suman Khurana	30/03/2010	B	5000	0.00	14088715	13.92	#
532684	Everest Kanto Cylinder Ltd	Mrs Suman Khurana	30/03/2010	B	5000	0.00	14093715	13.93	#
514167	Ganesh Polytex Ltd	Rajesh Sharma	25/03/2010	B	142500		625728	5.07	*
514167	Ganesh Polytex Ltd	Seema Sharma	25/03/2010	B	95000		130000	1.05	*
514167	Ganesh Polytex Ltd	Shyam S Sharma	25/03/2010	B	190000		1561377	12.67	#
514167	Ganesh Polytex Ltd	V D Khandelwal	25/03/2010	B	190000		457650	3.71	*
505710	Grauer & Weil India Ltd	Umeshkumar More	01/04/2010	B	573037	0.00	2316857	10.22	#
513059	GS Auto International Ltd	Sharda Ispat Rollers Pvt Ltd	--	S	190520	0.00	466238	5.83	#
512579	Gujarat NRE Coke Ltd	Bulli Coke Pvt Ltd	31/03/2010	B	1200000	0.24	12500000	2.51	#
512579	Gujarat NRE Coke Ltd	Gujarat NRE Energy Resources Ltd	31/03/2010	B	250000	0.05	3950000	0.79	#
532281	HCL Technologies Ltd	Ajai Chowdhry	29/03/2010	S	1290		392838	0.05	#
500010	Housing Development Finance Corporation Ltd	K M Mistry	31/03/2010 - 05/04/2010	B	20000	0.00	75000	0.02	*
511194	ICDS Ltd	Music & Fine Arts Education Trust	30/03/2010	B	253250	0.00	643250	4.94	#
511194	ICDS Ltd	Music & Fine Arts Education Trust	30/03/2010	B	416675	0.00	1059925	8.14	#
511194	ICDS Ltd	Music & Fine Arts Education Trust	30/03/2010	B	416675	0.00	1476600	11.34	#
511194	ICDS Ltd	Teaching Fraternity & Education Trust	30/03/2010	B	257825	0.00	1912535	14.69	#
511194	ICDS Ltd	Teaching Fraternity & Education Trust	30/03/2010	B	642175	0.00	1654710	12.71	#
590067	KCP Sugar and Industries Corporation Ltd	Durgamba Investment Pvt Ltd	31/03/2010	B	50000	0.04	40798277		#
500245	Kirloskar Ferrous Industries Ltd	Arun Mahadev Mujumdar	--						#
500245	Kirloskar Ferrous Industries Ltd	Vidya Arun Mujumdar	--						#
514450	Mahalaxmi Rubtech Ltd	Amita A Parekh	01/04/2010	S	40000		666039	7.55	#
514450	Mahalaxmi Rubtech Ltd	Anand J Parekh	01/04/2010	S	40000	0.00	751122	8.52	#
514450	Mahalaxmi Rubtech Ltd	Jeetmal B Parekh	01/04/2010	S	40000	0.00	962856	10.92	#
514450	Mahalaxmi Rubtech Ltd	Rahul J Parekh	01/04/2010	S	40000	0.00	851119	9.65	#
514450	Mahalaxmi Rubtech Ltd	Ratna R Parekh	01/04/2010	S	40000		564075	6.40	#
500265	Maharashtra Seamless Ltd	Karthikeyan Gopinath	--						#
500310	Novopan Industries Ltd	Zinger Investments Pvt Ltd	--	B	350000	0.00	5085199	42.70	#
500310	Novopan Industries Ltd	Zinger Investments Pvt Ltd	--	B	3735199	0.00	4735199	39.76	#
532466	Oracle Financial Services Software Ltd	V Shankar	01/04/2010	S	300	0.00	21011	0.00	#
532466	Oracle Financial Services Software Ltd	V Shankar	01/04/2010	S	300	0.00	21011	0.00	*
532837	Orbit Corporation Ltd	Pujit Aggarwal	31/03/2010	B	1000000		10359838	18.84	#
532837	Orbit Corporation Ltd	Ravi Kiran Aggarwal	31/03/2010	B	1000000		9606952	17.47	#
530365	Orient Ceramics and Industries Ltd	Madhur Daga	31/03/2010	S	100000		945993	8.98	*
500314	Oriental Hotels Ltd	D Varada Reddy	22/03/2010 - 30/03/2010	B	3993		582459	3.26	*
503873	Priyadarshini Spinning Mills Ltd	Padmaja Kodali	26/03/2010 - 01/04/2010	S	6001	0.00	164074	1.46	#
504903	Rathi Steel & Power Ltd	DBG Leasing & Housing Ltd	31/03/2010	B	1544000	5.33	1544000	5.33	#
504903	Rathi Steel & Power Ltd	Pradeep Rathi & PACs	31/03/2010	B	400000	0.00	1895999	6.54	#
500368	Ruchi Soya Industries Ltd	Amrita Shahra	01/04/2010	B	500000	0.19	4315565	1.64	*
500368	Ruchi Soya Industries Ltd	Dinesh Shahra	01/04/2010	B	1900000	0.72	15700937	5.97	*
500368	Ruchi Soya Industries Ltd	Dinesh Shahra HUF	01/04/2010	B	10390000	3.95	19723755	7.50	*
500368	Ruchi Soya Industries Ltd	Nitesh Shahra	01/04/2010	B	1319000	0.50	6000000	2.28	*
531431	Shakti Pumps India Ltd	Subhkam Ventures (I) Pvt Ltd	29/03/2010	S	375000		375000		#
513414	Sujana Metal Products Ltd	Foster Infin & Trading Pvt Ltd	01/04/2010	B	6000000	3.06	25000000	12.73	#
513414	Sujana Metal Products Ltd	Yalamanchili Finance & Trading P Ltd	01/04/2010	B	6000000	3.06	40471897	20.61	#
532887	Sujana Towers Ltd	Foster Infin & Trading Pvt Ltd	11/03/2010	B	3000000	3.39	9100000	10.28	#
532887	Sujana Towers Ltd	Sujana Holdings Ltd	11/03/2010	B	3000000	0.00	8000000	9.04	#
532887	Sujana Towers Ltd	Yalamanchili Finance & Trading Pvt Ltd	31/03/2010	B	1800000	0.00	6400000	7.09	#
532738	Tantia Constructions Ltd	Harsh Tantia	29/03/2010	B	160000	0.97	931300	5.68	#
509966	VST Industries Ltd	ITC Ltd	30/03/2010	B	1575748	10.20	1575748	10.20	#
509966	VST Industries Ltd	Russell Credit Ltd	30/03/2010	S	1575748	0.00	600000	3.89	#
504220	W. S. Industries (India) Ltd	Murali Consultancy Services Pvt Ltd	31/03/2010	B	308248	1.46	1415531	6.70	#
506720	Zandu Realty Ltd	Emami Infrastructure Ltd	31/03/2010	S	286329	35.50	0	0.00	#
505537	Zee Entertainment Enterprises Ltd	Delgrada Ltd	29/03/2010	S	21079259	0.00	53554143	12.34	#

500820	ASIAN PAINTS LTD.	Life Insurance Corporation Of India	31/03/2010	Sale	188764	0.00	6009647	6.27	#
500674	AVENTIS PHARMA LTD.	McDowell Holdings Ltd	30/03/2010 - 03/03/2010	Sale	17550	0.08	0	0.00	*
500034	BAJAJ AUTO FINANCE LTD.	Bajaj Finserv Ltd	26/03/2010	Acq	969023	2.64	16337999	44.64	#
500034	BAJAJ AUTO FINANCE LTD.	Bajaj Holdings & Investment Ltd	31/03/2010	Acq	732000	2.00	732000	2.00	*
500490	BAJAJ HOLDINGS & INVESTMENT LTD.	Anant Bajaj	27/03/2010 - 30/03/2010	Acq	145000	0.14	267687	0.26	#
500490	BAJAJ HOLDINGS & INVESTMENT LTD.	Geetika Bajaj	27/03/2010 - 30/03/2010	Acq	145000	0.14	346800	0.34	#
500490	BAJAJ HOLDINGS & INVESTMENT LTD.	Kiran Bajaj	27/03/2010 - 30/03/2010	Acq	168000	0.17	361025	0.36	#
500490	BAJAJ HOLDINGS & INVESTMENT LTD.	Kumud Bajaj	27/03/2010 - 30/03/2010	Acq	329000	0.33	813934	0.80	#
500490	BAJAJ HOLDINGS & INVESTMENT LTD.	Madhur Bajaj	27/03/2010 - 30/03/2010	Acq	481000	0.48	1344616	1.33	#
500490	BAJAJ HOLDINGS & INVESTMENT LTD.	Niraj Bajaj	27/03/2010 - 30/03/2010	Acq	288000	0.28	1079988	1.07	#
500490	BAJAJ HOLDINGS & INVESTMENT LTD.	Niraj Bajaj	27/03/2010 - 30/03/2010	Acq	385000	0.38	857250	0.85	#
500490	BAJAJ HOLDINGS & INVESTMENT LTD.	Niravnayan Bajaj	27/03/2010 - 30/03/2010	Acq	137000	0.14	331066	0.33	#
500490	BAJAJ HOLDINGS & INVESTMENT LTD.	Rahulkumar Bajaj	27/03/2010 - 30/03/2010	Acq	600000	0.59	1131240	1.12	#
500490	BAJAJ HOLDINGS & INVESTMENT LTD.	Rahulkumar Bajaj	27/03/2010 - 30/03/2010	Acq	600000	0.59	2056212	2.03	#
500490	BAJAJ HOLDINGS & INVESTMENT LTD.	Rajivnayan Bajaj	27/03/2010 - 30/03/2010	Acq	457000	0.45	830050	0.82	#
500490	BAJAJ HOLDINGS & INVESTMENT LTD.	Ruparani Bajaj	27/03/2010 - 30/03/2010	Acq	315000	0.31	639053	0.63	#
500490	BAJAJ HOLDINGS & INVESTMENT LTD.	Sanjivnayan Bajaj	27/03/2010 - 30/03/2010	Acq	457000	0.45	869724	0.86	#
500490	BAJAJ HOLDINGS & INVESTMENT LTD.	Sekhar Bajaj	27/03/2010 - 30/03/2010	Acq	281000	0.28	1043540	1.03	#
500490	BAJAJ HOLDINGS & INVESTMENT LTD.	Sekhar Bajaj	27/03/2010 - 30/03/2010	Acq	71000	0.07	151900	0.15	#
533108	BHILWARA TECHNICAL TEXTILES LTD.	Ravi Jhunjhunwala	30/03/2010	Sale	1985235	3.40			#
506027	BHORUKA ALUMINIUM LTD.	Transal Enterprises Pvt Ltd	30/03/2010	Acq	800000	10.62	1080763	14.34	*
512018	CNI RESEARCH LTD.	Overseas Infrastructure Alliance (India) Pvt Ltd	26/02/2010 - 31/03/2010	Acq	4399187	6.79	0	0.00	*
512018	CNI RESEARCH LTD.	Overseas Infrastructure Alliance (India) Pvt Ltd	26/02/2010 - 31/03/2010	Acq	4399187	6.79	4399187	6.79	#
500840	EIH LTD.	ITC Ltd	30/03/2010	Acq	58864763	14.98	58864763	14.98	#
504008	EMCO LTD.	Rajesh S Jain	31/03/2010	Acq	3090000	4.99	6389345	10.32	*
532684	EVEREST KANTO CYLINDER LTD.	Mrs Suman Khurana	30/03/2010	Acq	5000	0.00	14088715	13.92	#
532684	EVEREST KANTO CYLINDER LTD.	Mrs Suman Khurana	30/03/2010	Acq	5000	0.00	14093715	13.92	#
514167	GANESH POLYTEX LTD.	V D Khandelwal	25/03/2010	Acq	190000	1.54	457650	3.71	*
505710	GRAUER & WEIL (INDIA) LTD.	Umeshkumar More	31/03/2010	Acq	573037	2.53	2316857	10.22	#
532786	GREAT OFFSHORE LTD.	Natural Power Ventures Pvt Ltd & PACs	31/03/2010	Acq	110000	0.30	18314352	49.19	*
512579	GUJARAT NRE COKE LTD.	Bulli Coke Pvt Ltd & PACs	31/03/2010	Acq	1200000	0.13	231214701	46.43	#
512579	GUJARAT NRE COKE LTD.	Gujarat NRE Energy Resources Ltd & PACs	31/03/2010	Acq	250000	0.03	231464701	46.46	#
532145	H.S.INDIA LTD.	Mehinder Sharma	01/04/2010	Acq	325000	2.00	650000	4.00	#
532145	H.S.INDIA LTD.	Poonam Sharma	01/04/2010	Acq	325000	2.00	650000	4.00	#
532145	H.S.INDIA LTD.	Vikas Suri	01/04/2010	Acq	325000	2.00	650000	4.00	#
532145	H.S.INDIA LTD.	Vinod Dalvi	01/04/2010	Acq	325000	2.00	650000	4.00	#
532145	H.S.INDIA LTD.	Mehinder Sharma	30/03/2010	Acq	325000	2.00	650000	4.00	*
532145	H.S.INDIA LTD.	Mrs Poonam Sharma	30/03/2010	Acq	325000	2.00	650000	4.00	*
532145	H.S.INDIA LTD.	Sangita Bansal	30/03/2010	Acq	1419000	8.74	2838000	17.48	#
500500	HINDUSTAN MOTORS LTD.	National Bearing Co (Jaipur) Ltd	05/04/2010	Acq	2372344	1.47	17112354	10.62	*
514450	MAHALAXMI RUBTECH LTD.	Amita A Parekh	01/04/2010	Sale	40000	0.45	666039	7.55	#
514450	MAHALAXMI RUBTECH LTD.	Anand J Parekh	01/04/2010	Sale	40000	0.45	751122	8.52	#
514450	MAHALAXMI RUBTECH LTD.	Jeetmal B Parekh	01/04/2010	Sale	40000	0.45	962856	10.92	#
514450	MAHALAXMI RUBTECH LTD.	Rahul J Parekh	01/04/2010	Sale	40000	0.45	851119	9.65	#
514450	MAHALAXMI RUBTECH LTD.	Ratna R Parekh	01/04/2010	Sale	40000	0.45	564075	6.40	#
500298	NATIONAL PEROXIDE LTD.	Macrofil Investments Ltd	31/03/2010	Acq	4500	0.07	1797870	31.28	#
532837	ORBIT CORPORATION LTD.	Pujit Aggarwal	31/03/2010	Acq	1000000	1.82	10359838	18.84	#
532837	ORBIT CORPORATION LTD.	Pujit Aggarwal	31/03/2010	Acq	1000000	1.82	10359838	18.84	*
532837	ORBIT CORPORATION LTD.	Ravi Kiran Aggarwal	31/03/2010	Acq	1000000	1.82	9606952	17.47	#
532837	ORBIT CORPORATION LTD.	Ravi Kiran Aggarwal	31/03/2010	Acq	1000000	1.82	9606952	17.47	*
524570	PODDAR PIGMENTS LTD.	Pluto Trade Links Ltd	19/03/2010	Acq	41400	0.39	1865300	17.58	*
524570	PODDAR PIGMENTS LTD.	Trustline Capital Finance Ltd	19/03/2010	Sale	41400	0.39	1166600	11.00	*
506618	PUNJAB CHEMICALS AND CROP PROTECTION LTD.	Hem-Sil Trading & Manufacturing Pvt Ltd	31/03/2010	Acq	5000	0.07	1931753	26.86	#
506618	PUNJAB CHEMICALS AND CROP PROTECTION LTD.	Hem-Sil Trading & Manufacturing Pvt Ltd	31/03/2010	Acq	5000	0.07	1931753	26.86	*
533093	RAJ OIL MILLS LTD.	IDFC Premier Equity Fund	31/03/2010	Sale	35625	2.03	3297375	7.22	*
532690	RAMSARUP INDUSTRIES LTD.	Ashish Jhunjhunwala	26/03/2010	Acq	1504000	4.29	4819147	13.74	#
500368	RUCHI SOYA INDUSTRIES LTD.	Dinesh Shahra & PACs	01/04/2010	Acq	21154000	8.04	123257805	46.89	*
530943	SRI ADHIKARI BROTHERS TELEVISION NETWORK LTD.	Kailashnath Adhikari	27/03/2010 - 29/03/2010	Acq	1425000	8.76	1427002	8.78	*
530943	SRI ADHIKARI BROTHERS TELEVISION NETWORK LTD.	Ravi Adhikari	27/03/2010 - 29/03/2010	Acq	1425000	8.76	1425000	8.76	*
530943	SRI ADHIKARI BROTHERS TELEVISION NETWORK LTD.	Keynote Enterprises Pvt Ltd	27/03/2010 - 30/03/2010	Acq	1375000	8.46	1375000	8.46	*
500900	STERLITE INDUSTRIES (INDIA) LTD.	Twin Star Holdings Ltd	01/04/2010	Acq	400000	0.04	454213492	54.04	#
532531	STRIDES ARCOLAB LTD.	Agnus Holding Pvt Ltd (Revised)	24/03/2010	Acq	6662847	15.42	8479775	19.62	#
532531	STRIDES ARCOLAB LTD.	Arcolab (India) Pvt Ltd (Revised)	24/03/2010	Sale	1912845	4.43	0	0.00	#
532531	STRIDES ARCOLAB LTD.	Caryl Pharma Pvt Ltd (Revised)	24/03/2010	Sale	1790002	4.14	0	0.00	#
532531	STRIDES ARCOLAB LTD.	Netequity Ventures Pvt Ltd (Revised)	24/03/2010	Sale	2960000	6.85	0	0.00	#
513414	SUJANA METAL PRODUCTS LTD.	Foster Infin & Trading Pvt Ltd	01/04/2010	Acq	6000000	3.06	25000000	12.73	#
513414	SUJANA METAL PRODUCTS LTD.	Yalamanchili Finance & Trading P Ltd	01/04/2010	Acq	6000000	3.06	40471897	20.61	#
532887	SUJANA TOWERS LTD.	Yalamanchili Finance & Trading Pvt Ltd	31/03/2010	Acq	1800000	2.00	6400000	7.09	#
532738	TANTIA CONSTRUCTIONS LTD.	Harsh Tantia	27/03/2010	Acq	160000	0.00	931300	5.68	#
517562	TRIGYN TECHNOLOGIES LTD.	United Telecoms Ltd	31/03/2010	Acq	1315000	4.96	11334020	42.76	*
509966	VST INDUSTRIES LTD.	ITC Ltd	30/03/2010	Acq	1575748	10.20	1575748	10.20	#
509966	VST INDUSTRIES LTD.	Russell Credit Ltd	30/03/2010	Sale	1575748	10.20	600000	3.89	#
505537	ZEE ENTERTAINMENT ENTERPRISES LTD.	Delgrada Ltd	29/03/2010	Sale	21079259	4.85	53554143	12.34	*

RESEARCH REPORTS