Ayan Nayak
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Idiot Wave Analysis!

Ayan Nayak at 10:28 PM - Dec 09, 2013 ( ) Views: 1,297

4 2

Just An Idiot Wave......As New To Elliot Wave....Wink

Tata Motors....Cmp 393.50 (Cash)

Press   CTRL +

Am I Right?



From: Ayan Nayak at 10:33 PM - Dec 09, 2013( )



Now Clear I Think.....


(1 to 20 out of 23) - Latest Replies on Top | First | << Previous | Next >> | Last |
Mukesh Kumar at 08:27 PM - Dec 12, 2013 ( )

Good Ayan Bhai ... .. I will also learn something about these waves

 

Thanx for the initiation

Ayan Nayak at 08:25 PM - Dec 12, 2013 ( )

Happy?

Not Happy............:))

My Wave Count Went Wrong.......

Will Come Up With Other Idiot Wave Next Time.......

You Were Good!!

Rajan Singh at 08:23 PM - Dec 12, 2013 ( )

ayan nayak bro 

u happy with tatamotor tgt hit 360 today 

Rajan Singh at 04:38 PM - Dec 12, 2013 ( )
From : Rajan Singh at 11:01 PM - Dec 09, 2013 3 days ago )

360-370 price can see in next correction ..




Target 360 done 

Rajan Singh at 11:29 PM - Dec 09, 2013 ( )
From : Rajan Singh at 11:22 PM - Dec 09, 2013 6 minutes ago )

leena mam

ayan bro wave 1 low 272 below 

wave 2 low 278-79

points right

w2 can correct  99% of wave 1 

now good night frds 

Ayan Nayak at 11:27 PM - Dec 09, 2013 ( )

Wave 2 Shud Nt Retrace Below Th Low Of Wave 1......Thts More Important

Rajan Singh at 11:27 PM - Dec 09, 2013 ( )

actual

w 1 starting point 272 below

w2 low 278

Leena Sebas at 11:25 PM - Dec 09, 2013 ( )

dear rajan,

i was actually refering about the first wave one and two marked below

Rajan Singh at 11:22 PM - Dec 09, 2013 ( )

leena mam

ayan bro wave 1 low 272 below 

wave 2 low 278-79

points right

w2 can correct  99% of wave 1 

Rajan Singh at 11:21 PM - Dec 09, 2013 ( )

leena mam

ayan bro wave 1 low 272 below 

wave 2 low 278-79

points right

Leena Sebas at 11:18 PM - Dec 09, 2013 ( )

i have no idea about elliot wave ayan,

i think lakshmi is expert in that. i just see the 2nd wave which is looking equal as wave one.so asked you that question.

below is what i got from net

Theory Interpretation
The Elliott Wave Theory is interpreted as follows:

  • Every action is followed by a reaction.
  • Five waves move in the direction of the main trend followed by three corrective waves (a 5-3 move).
  • A 5-3 move completes a cycle.
  • This 5-3 move then becomes two subdivisions of the next higher 5-3 wave.
  • The underlying 5-3 pattern remains constant, though the time span of each may vary.

Let's have a look at the following chart made up of eight waves (five up and three down) labeled 1, 2, 3, 4, 5, A, B and C.


You can see that the three waves in the direction of the trend are impulses, so these waves also have five waves within them. The waves against the trend are corrections and are composed of three waves.

Ayan Nayak at 11:13 PM - Dec 09, 2013 ( )

Thank You Rajan Sir For Participating.

Ayan Nayak at 11:09 PM - Dec 09, 2013 ( )

Am  new to elliot wave.........clarify my doubts instead of putting new doubts

Leena Sebas at 11:03 PM - Dec 09, 2013 ( )
Ayan, the wave two you showing in the first part is almost same length of wave one. does it happen in wave theory? or that is the reason why you given this new pet name to this wave theory?

Rajan Singh at 11:01 PM - Dec 09, 2013 ( )

360-370 price can see in next correction ..



making top w5 ending diagonal 

Ayan Nayak at 10:55 PM - Dec 09, 2013 ( )

U mean down?

Rajan Singh at 10:51 PM - Dec 09, 2013 ( )

 

 

this chart point 5 is end of point 3 ...5th wave running

Ayan Nayak at 10:46 PM - Dec 09, 2013 ( )

But Previous Signal Of MACD proved to be wrong in Above chart....

Rajan Singh at 10:43 PM - Dec 09, 2013 ( )

as per macd price toping w5th ending diagonal

Ayan Nayak at 10:37 PM - Dec 09, 2013 ( )

i Dont Watch That MACD.....Woh Default Chart ke Neeche Hai....

My Wave count Wrong??

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