Disclaimer : This is Just an Observation
Recursion, in mathematics and computer science, is a method of defining functions in which the function being defined is applied within its own definition. The term is also used more generally to describe a process of repeating objects in a self-similar way. For instance, when the surfaces of two mirrors are almost parallel with each other the nested images that occur are a form of infinite recursion.
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Observations from Chart 1
Let look into the recursive structure what nifty is trying to form.
Chart 1 shows that 5 minute chart between 2nd March 2009 to 10th Sep 2009
Chart 1 shows that 5 minute chart between 2nd March 2009 to 10th Sep 2009
From the Charts we could observe the following Patterns which was labled as A,B,C,D,E,F,G
1)Wave A is the Lengthiest wave among the Structure. And could be a possible 5 wave sub strucute
2)B and C represents the Shorter wave followed by Wave A
3)CD is a 3 wave strucute and CDE Comination forms a skewed “W” Wave strucute
4)EF is a 3 wave structure
5)EFG Combination once again form a skewed “W” wave strucute
6)G Marks the termination
Observations from Chart 2
Now here comes the most intresting part if we zoom the Chart 1 marked with label “DG” part alone,which is shown is chart 2
Chart 2 shows that 5 minute chart between 13th July 2009 to 10th Sep 2009
Chart 2 shows the Similar formation of A,B,C,D,E,F,G Pattern as shown in Chart1.
Observations from Chart 3
But does the things ends here is there anything special more!!!
The Answer is simply Yes! Yes and Yes.
The Answer is simply Yes! Yes and Yes.
Once again Iam Zooming the “DG” part alone of Chart 2, Which is shown in Chart 3
Chart 3 shows the 1 minute chart between 18th Aug 2009 to 10th Sep 2009
Yup this is crazy once again Iam able to view the similar pattern of A,B,C,D,E,F,G
which is already shown in Chart 1 and Chart 2
which is already shown in Chart 1 and Chart 2
Do u able to recognise that!!!… Now the entire wave is looking recursive just like
two parallel mirrors showing nested images.
two parallel mirrors showing nested images.
Observations from Chart 4
Now here comes the climax part…. Iam once again zooming into the “DG” Part of Chart 3, which is shown in Chart 4
Chart 4 shows the 1 minute chart between 3rd Sep 2009 to 10th Sep 2009. And Following things are observed.
1)Wave A is the Lengthiest wave among the Structure. And could be a possible 5 wave sub strucute
2)B and C represents the Shorter wave followed by Wave A
3)CD is a 3 wave strucute and CDE Comination forms a skewed “W” Wave strucute
4)EF is a 3 wave structure
And Now the Following things are missing in the wave
4)EFG Combination once again form a skewed “W” wave strucute
5)G Marks the termination
Which makes us to assume that a new high with a “W” wave structure will complete
the entire wave in a recursive format with G marking the termination which could take nifty some where around 4920-4950 levels once again which marks the end of the entire wave strucutre in recursive format.
the entire wave in a recursive format with G marking the termination which could take nifty some where around 4920-4950 levels once again which marks the end of the entire wave strucutre in recursive format.
ReLook at Recursive Wave Strucutre for Chart 4 ( 12 Sep 2009)
Iam once again relooking the recursive wave structure. It seems that i had missed the possible alternative wave count for Chart 4.
Chart above(Which is mentioned as Chart 4) shows that
1 minute chart between 3rd Sep 2009 to 10th Sep 2009. And Following things are observed.
From the Charts we could observe the following Patterns which was labled as A,B,C,D,E,F,G
1)Wave A is the Lengthiest wave among the Structure. And could be a possible 5 wave sub strucute
2)B and C represents the Shorter wave followed by Wave A
3)CD is a 3 wave strucute and CDE Comination forms a skewed “W” Wave strucute
4)EF is a 3 wave structure
5)EFG Combination once again form a skewed “W” wave structure
6)G Marks the termination
Now Looks that the entire Recursive wave structure looks completed at 4880( The G Termination) with 4 levels of
Recursive Structure.
Hi..Rajendran,That is one amazing work. Great observations. Fractal guys will love it.Best regards.ilango
Thanks Ilango Sir!!
very good work and really amazing to see interesting observations and thinking on nifty…….thanks for sharing god bless usriganeshh
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