Nifty : Inversion - analysis

Lower Chart (with outline of Nifty movements in Red) are 8 packets of wave spread over 02/12/2010 & 04/08/11 & INVERTED anti-clockwise by 180 degree. Resemblance from packet to packet is to be seen - most important thing to keep in mind is movements over 8 months are squezed in almost 5 months  both  fibonacci connections.

Nifty : A further study of Inversions

http://lalitlk-lalit-lk.blogspot.in/2012/05/fusion-of-nifty.html?showComment=1338360601066

Further to my cited blog, I shall like to share some facts as follows:

IMAGE of the sub-waves such as enclosed within rectangles may be inverted (anti-clock wise by 180 degree) & looks SIMILAR in shape but squazed time wise.

Date	Open	High	Low	Close
25-Mar-11	5588.65	5667.10	5560.95	5654.25
23-Jun-11	5269.10	5330.60	5252.25	5320.00
24-Jun-11	5343.40	5477.85	5343.40	5471.25
4-Aug-11	5412.40	5434.50	5323.15	5331.80
5-Aug-11	5204.35	5229.65	5116.45	5211.25
9-Sep-11	5161.30	5163.75	5046.80	5059.45
12-Sep-11	4981.70	4985.60	4911.25	4946.80
30-Sep-11	4990.15	5025.55	4924.30	4943.25

Further observations in respect of the four rectangles, marked Wave #1 , Wave #2, Wave #1(inverted) & Wave #2(inverted), are tabulated hereinbelow:-

Period ending	Av_ High-Low	Av_Volume	Gap_Next day	Diff from Mean	Av_High/Low
23-Jun-11	78.24	112883420	23.40	285	5553(High)
4-Aug-11	73.91	115950028	-127.40	338	5606(High)
9-Sep-11	106.03	159948823	8.05	306	4962(Low)
30-Sep-11	133.29	161267007	-77.75	291	4977(Low)

Mean is am imaginary line (5268),based on closing as on 04/08/11 & opening as on 05/08/11

Most amazing observations besides RESEMBLANCES is a GAP UP or DOWN in adjoining rectangles.

                            

Fusion of Nifty

Taking a tip from Kirtanjee's "centre of gravity" (Facebook) , had a got a 'Fibonacci arcs" imposed on Nifty chart (centered on a gap down in August 2011) & captured. Another copy of same was turned (anti-clock wise) 180 degree & image above horizontal line erased & merged as above.

Fusion is the result as shown in the undernoted collage: top being 'half of chart' above HL, actual Chart in the middle, bottom being "Mirror image" (MI) of 'half chart'.
Notice A & B, as in MI squzed, in chart marked "A" & "B" with GOOD RESEMBLANCE.
 MI marked "C" yet to be charted out based on highs before 04/08/11, logically NIFTY lows done 4809, lowers 4600, 4379 & 4217 looks shattering but there r hopes in rising levels thereafter,

As it is almost ten months since 04/08/2011, rest of unfurling may take 13 (a Fibonacci number) months , i.e., by end of August 2012

Nifty : MA34 & MA 89 Crossover

Date	Open	High	Low	Close	MA34/89 P	MA34	Gap_Fib_D
19-Feb-10	4887.30	4887.30	4805.55	4844.90	5013.30	Down
1-Apr-10	5249.20	5298.60	5249.20	5290.50	5070.00	Up	41
9-Jun-10	4985.05	5050.60	4980.10	5000.30	5091.70	Down	69
12-Jul-10	5352.25	5402.70	5351.60	5383.00	5192.80	Up	33
31-Dec-10	6105.10	6147.30	6103.55	6134.50	5958.30	Down	172
26-Apr-11	5876.85	5893.20	5791.55	5868.40	5678.80	Up	116
8-Jun-11	5535.25	5556.60	5514.90	5526.85	5555.30	Down	43
8-Feb-12	5343.80	5396.90	5325.20	5368.15	4965.80	Up	245
10-May-12	4984.15	5039.30	4950.30	4965.70	5212.00	Down	92

Nifty-Defty-Euro-$Dollar

Upper chart for Euro-$ has x-axis from 1.2400- 1.360, which may be stated to be 100-110 in scale,

Middle chart for  DEFTY has x-axis from 2800-4000, which may be stated to be 100-140 in scale, &

Lower chart for NIFTY has x-axis from 4400-5800, which may be stated to be 100-130 in scale.

Nifty with Euro-$

                    

Upper chart for NIFTY has x-axis from 4400-6400, which may be stated to be 100-145 in scale.
Lower chart for Euro-$  has x-axis from  1.2400- 1.480, which may be stated to be 100-120 in scale.

Reliance Industries : A ww set up

http://lalitlk-lalit-lk.blogspot.in/2012/03/reliance-industries-buying-opportunity.html

Once Reliance goes up to 710-15, a wolfe wave shot up to 780+ is expected.

NSE NIFTY : Observations

Projection line from 6338.50 as on 5-Nov-10 is touching lower tops till 2011; projection line from 4531.1 as on 20-Dec-11 touches the fibonacci arcs near 6300 +

Table of Nifty Open,High, Low & Close

Date 27/10/2008 assigned Fibonacci number (marked as such) 1

 

Date_Srl	Fib_Count	Wv_Count	Date	Open	High	Low	Close
39748	1	Wv(0)	27-Oct-08	2583.75	2585.30	2252.75	2524.20
39749	2		28-Oct-08	2526.20	2695.95	2526.20	2684.60
39750	3		29-Oct-08	2685.30	2781.25	2631.90	2697.05
39752	5		31-Oct-08	2696.30	2921.35	2696.30	2885.60
39755	8		3-Nov-08	2885.40	3062.05	2885.40	3043.85
39757	10	Wv(1)	5-Nov-08	3155.75	3240.55	2971.00	2994.95
39760	13		8-Nov-08	0.00	0.00	0.00	0.00
39768	21		16-Nov-08	0.00	0.00	0.00	0.00
39781	34		29-Nov-08	0.00	0.00	0.00	0.00
39802	55		20-Dec-08	0.00	0.00	0.00	0.00
39836	89		23-Jan-09	2705.45	2765.55	2661.65	2678.55
39878	131	Wv(2)	6-Mar-09	2576.75	2628.10	2539.45	2620.15
39891	144		19-Mar-09	2797.05	2822.25	2771.35	2807.15
39975	228	Wv(3)	11-Jun-09	4657.40	4679.55	4586.15	4637.70
39980	233		16-Jun-09	4478.10	4537.95	4405.95	4517.80
40007	260	Wv(4)	13-Jul-09	4003.40	4003.40	3918.75	3974.05
40106	359	Wv(5)	20-Oct-09	5145.60	5181.95	5102.65	5114.45
40120	373	Wv(a)	3-Nov-09	4712.25	4729.85	4538.50	4563.90
40124	377		7-Nov-09	0.00	0.00	0.00	0.00

40156	409	Wv(b)	9-Dec-09	5147.65	5147.65	5090.60	5112.00
40168	421	Wv(c)	21-Dec-09	4983.65	4997.85	4943.95	4952.60
40280	533	Wv(d)	12-Apr-10	5354.15	5382.15	5324.90	5339.70
40323	576	Wv(e)	25-May-10	4945.30	4946.60	4786.45	4806.75
40357	610		28-Jun-10	5271.10	5339.45	5270.75	5333.50
40385	638	Wv(i)	26-Jul-10	5446.55	5466.25	5409.20	5418.60
40421	674	Wv(ii)	31-Aug-10	5413.55	5413.90	5348.90	5402.40
40458	711	Wv(iii)	7-Oct-10	6186.85	6199.45	6107.50	6120.30
40480	733	Wv(iv)	29-Oct-10	6021.15	6032.65	5937.10	6017.70
40487	740	Wv(v)	5-Nov-10	6321.85	6338.50	6303.10	6312.45
40522	775	Wv(a)	10-Dec-10	5761.00	5865.50	5721.15	5857.35
40547	800	Wv(b)	4-Jan-11	6172.75	6181.05	6124.40	6146.35
40585	838	Wv(c)	11-Feb-11	5219.65	5319.45	5177.70	5310.00
40639	892	Wv(x)	6-Apr-11	5908.00	5944.45	5868.80	5891.75
40688	941	Wv(a)	25-May-11	5389.10	5389.10	5328.70	5348.95
40732	985	Wv(b)	8-Jul-11	5734.65	5740.40	5651.05	5660.65
40734	987		10-Jul-11	0.00	0.00	0.00	0.00
40736	989		12-Jul-11	5556.90	5580.25	5496.95	5526.15
40820	1073		4-Oct-11	4823.50	4869.75	4728.30	4772.15
40844	1097		28-Oct-11	5341.90	5399.70	5322.80	5360.70
40870	1123		23-Nov-11	4779.50	4779.50	4640.95	4706.45
40884	1137		7-Dec-11	5050.10	5099.25	5032.25	5062.60
40897	1150		20-Dec-11	4635.80	4637.25	4531.15	4544.20
40910	1163	W2	2-Jan-12	4640.20	4645.95	4588.05	4636.75
40961	1214	W3	22-Feb-12	5609.75	5629.95	5491.35	5505.35
40975	1228		7-Mar-12	5207.05	5243.85	5171.45	5220.45
40982	1235		14-Mar-12	5490.55	5499.40	5437.80	5463.90
40997	1250		29-Mar-12	5145.95	5194.30	5135.95	5178.85
41002	1255		3-Apr-12	5353.20	5378.75	5344.45	5358.50
41032	1285		3-May-12	5211.20	5217.30	5180.65	5188.40