ॐ ह्रीं श्रीं लक्ष्मीभयो नमः॥


Trading "calls" from our "Software" with more than "90% accuracy"

 This is the "Oldest & Only Website" of whole World
which is updating Nifty & Indian Stock Markets
"Daily and Weekly accurate Outlooks" 
with "Intraday Charts Analysis"for the 
last more than "14 years" means from "2010". 
For its live Proofs just see "Archive"
in the "bottom of this Website".

Indian markets Waves structure from 2008 Crash to 28-Oct-2011


Technical Analysis and Research & Market Outlook

Nifty-EOD Chart(28-Oct-2011):-
Just click on chart for its enlarged view
Technical Patterns and Formations in EOD charts

1- 2008 Crash and its 5 waves completed on 27-10-2008 at 2252.
2- 5 months range bound consolidation
3- Range break out in March 2009
4- Impulsive Wave 1 confirmation on 27-10-2008 from 2252.
5- Wave-3 completed at 6338.50 on 05-11-2010 and Wave-4 begun.
6- Wave-4 completed at 4720 on 26-08-2011 and Wave-5 begun.
7- Wave-5 beginning confirmation on 28-10-2011 after crossing the 54 Sessions range, 94 points gap and sustaining above 5323.

Conclusions

Impulsive Wave-5 beginning confirmation therefore expected that strong rally will be seen above all time high in the coming months and year(2012) as well as minimum target in 2012 is 6652(113% of Wave-3)
Posted by at