>India vix

Volatility index (VIX) saw good reversal after completing a abc

Expect some consolidation in vix before it starts to rise again ,Conservative target is
shown on the above chart.So ideally nifty should try to take support near 6050-6020
and attempt a relief recovery ,Failing to hold these levels waves can extent the way it
happened during the upmove.
RESEARCH REPORTS

>Dowjones elliott wave counts

A post after a long gap,Was busy with work would try to be consistent now on.

Dowjones chart present structure fits in a rather rare kind of elliot wave structure called
as expanded flat.
If this structure works there could be some serious pain across world markets this christmas.
Ofcourse once the pattern finishes can expect nice rally as shown in the below chart.
This scenario suggests nice rally by year 2011 start.Sit back and see how the waves unfold.
There is a less likely scenario where dow rallies directly to C wave targets which looks unlikely.
We will analyze thing as they unfold .

RESEARCH REPORTS