Elliot's Impulse waves.(Part-5)
IMPULSE WAVES :- The Basics Waves that move the market in the direction of its main trend either up or down are called Impulse waves. 1....
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5010-5039 supply zone proved a ST resistance. 5002 proved a break down point. 4945 to 4982 proved a corrective rise, monitored with an ... -
Trading strategy that works wonders besides the supports & Resistance is " Retracement strategy ": The strategy that has wor... -
If the steady FIIs inflow reflects in the prices, 5405 should be protected going ahead and market may encounter minor corrections and keep m...
6 comments:
Hi Ilango,
Any lights on the Bharti Airtel in Stock wealth section (blog), will be grateful. I fill it should retrace towards 365. But could not figure out time frame.
regards,
Prashant
sir since weekly channel support 4984 hold a likely bounce on monday and is it wise to short again given level for target 4905-4925
sir how to find the hourly low and high ema fmacd
s macd in the macd columns values are given how this is calculated pls enlighten on this factor
Ilango, the article on the strongest dad very touching, thanks, I KEEP WONDERING HOW YOU LAY YOUR HANDS ON SUCH STORIES.
Sudhin
Hi..Prashant,
I have posted the "Bharti Airtel" chart.
Hi..Subrat,
Though Nifty stopped at the weekly trendline, only a gap up of 60+ points will keep it above the trendline and it needs to move further 100 odd points to trade the week above it...a tall order as per TA. What it is likely to do is to open flat or low as per world cues and during any of the days in the next week may attempt 5050-5090 and stay down by the end of the week.
Hi..Govind,
Give me your email, I will send you the excel file which will do all those works once you put in the data.
Hi..Sudhin,
Thank you. I need to go through so many stories before some tears roll down my cheeks to find the touching ones and inspiring too positively.
I grew up hearing so many such touching stories from my mother that have happened around her..
Best regards.
ilango
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