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Sunday, December 30, 2012

Nifty-inversion-of-waves-over-3-years

Further to my observations in my earlier blog :

http://lalitlk-lalit-lk.blogspot.in/2012/06/nifty-inversion-of-waves-over-2-years.html

I shall like to review the Nifty Chart over the last three years which is :


Image from the chart January 2010 to 05/08/11 was,as per attachment  



was inverted 180 degree( anti-clockwise) and  the  'Inverted Chart' is being shown along with Chart for the period of 05/08/2011 to year end in the following chart with prominent 'pattern similarity' marked A to H. 
Chart beyond H, in the inverted one,  is yet to play out & looks favoring the bears.


.

I went back by one year and similarly inverted that chart from January 2009 & resulted charted was labelled H & thereafter the boxed area is YET TO PLAY OUT. If the hypothesis comes TRUE, it has so far done PATTERN WISE, Nifty is due for a DIP in recent time & then scale NEW HIGH.




Let us cross our fingers to check if these hypothesis comes true or not.

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