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 ... -
Will not be available to intra update . Suggest one of our readers to update on DHEma-HHEma-HCEma & HLEma for possible support points fo...
7 comments:
sir..such a quick retracement almost 130 pts..what are your views ..can we open fresh shorts...
As long as it does not close above 4960, selling is recommended. See my previous comment in the previous post also.
thanks for the reply sir...
should we carry home shorts if it does not close above 4960 SPOT? or is advisable to close them and take a fresh view on monday?
Sir can we carry the short?
Hi..Rishi,
If one has booked out of shorts at the levels mentioned earlier, one can short near the close @ 4950-5000 where ever it may be.
Holding shorts created @ higher levels is alright.
But lower level shorting either @ 4860 or 4900, the Sl was 20-30 points mentioned earlier.
hi dear sir
plz give me bank nifty TA for next week in yr stock wealth blog
thx regards
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