NIfty Arithmetic t3 non event at 3857 now watch log t3 at 3978

We just keep breaking levels to the upside. 3857 gave us a correction in some stocks a big one too (ex. maruti 967 corresponding level it fell 10%, ivrclinfra 367-320)
After the correction the supports held.
All supports holding so far (support for last dropped was marked as 3774, indiv stocks gave a clear signal to buy near their old tops formed a few weeks ago, ex ivrclinfra 320, abb 3330 satyam 412, sail 80-84) the depth of correction varied some stocks did very deep 10% corrections ex. sail. Nifty itself was stronger than the indiv stocks and bounced from 3789 itself.

Two more pictures
Log t3 at 3978 (I rounded off to 3975 earlier on yahoo i think)
Anyway pt being , 5-8-10% correction is overdue
One such correction comes every 8 months or so
Above 4000, 4128/4200 region
Below 4000, 3650 support region

Brute force pivots/fibonacci vs neely/ewt finesse

Which works better??
Decide for yourself
If someone could have projected the prev wave high of nifty better than 3780 then maybe we have something
S&P CNX Nifty, Analysis Date:5/5/2006
Close/cmp:3663.95
Swing : Up=Buy ( 21.000% sensitivity)
T1:2242.38 T2:2829.71
T3:3779.89
SwingHigh:2,014.7 CMP:3,663.9
But if not then brute force projection will remain king :)
I remember quite clearly that a lot of patil and ewt followers told me in 2005 that that brute force wouldn't work because the wave started somewhere else and did not terminate at the lows but a little bit higher at some other random 'subjective point'
The 'objective' termination pt is the lowest pt which is able to contain the followup waves in a channel.

Siemens Impulse

Siemens entry advised near 1156 (abc setup+siemens ag was up) then btst 1202 (day high break). See insiders always know :).
Siemens ag was up 2 days ago for a reason.

Intraday some crazy news came Rs 40 billion order and siemens went impulsive doing the upper channel target of 1352.
if 1362 can be sustained (wider t2) then 1416 and 1576 are valid.
Confluence resistance seems to be in 1567 region for a dual t3. look to short there whenever siemens get there. until then look to follow this trend rather than fade it.
Breakout level is 1292 can get retested if 1362 holds.

Nifty Swing Target Updated to 4100 , sl updated to 3645

This is no longer Gann swing. This is my own tripple trend trading system.
The stoploss is the thick indigo colored line.
It currently reads 3645
Target is updated to 4100
I am now working on my own systems since I've studied the works of most of the well known traders.
Gann, Larry Williams, Alexander Elder, Bill Williams, Cooper, Raschke, Tony Crabel, Elliott.
I figure its time to get Raja added to the list of famous system developers :)

Jphydro does wolf wave target

An interesting pattern
This is just the post mortem of the short trade on whipsaw under res line.
Target is computed using a strange combo of pivots
Google for wolfe wave for details