Nifty EOD 30.11.2011

My today's morning charts,after a lot of deliberations on 5 min,15min,30 min & hourly charts had proposed the following counts for today:

However,the very first tick on Nifty( opening at 4766) invalidated this count as below 4771 was not allowable in this count( A3(iv)entering A3(i) territory).

It confirms again that the foxy nature of 4th wave for which a range of 4640-4920 was easy to define but the pattern to be played within this range is most difficult to decipher.

So here I am with a clean slate again:

Many Counts have been proposed for this pattern by my peers.Most popular being the following:

However a 3*3*5 zig-zag(as A) is not acceptable to me.

So I prefer to keep my slate of pattern PLAIN AND UNCOUNTED and would prefer to wait for one-two more days before coming out with a convincing set of Counts.

Raghu