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 ...
74 comments:
cmon go to 5280
Hai everyone
Dollar has good resistance between 87 and 89. I have updated the dollar's monthly chart
http://niftychartsandpatterns.blogspot.com/2010/06/us-dollar-has-to-break-this-resistance.html
Thank you
any options gurus
lol, I hope for a small one too, N+E.:)
ty for the online fibo calculator - they had a good explanation on how to use it.
I am long at 5325 NF
Check out India Bull Real Estate @ 153(F&O) - looks having decent strength for 161 in couple of days.
anytime yoda
holding nifty short @5235
sorry shorted @5335
i think nifty may fall to 5235 my mistake can be true................................lol
sorry sunil, no selling pressure at all.
@GB
Nearly 20% unwinding in 5400PE & 1% in 5400CE.
Fresh addition in 5300CE 14%(nearly 8lacs) total OI 67.1 lacs & 5300PE 4%(2.1lacs) total OI 65 lacs.
7.5% Unwinding in 5200CE & 3.8% buildup in 5200PE
As of now OI data also supporting near time fall.
Moreover VIX near lows & PCR @ highs 2.26 will help the cause.
rg sir wat is sl ibreal?
5400 put bought again @77.60 SL 67 Target 110
thx manni
gautam
give me source for clairvoyance..
mits - N+E is threatening. My position is from lower level. Can v wait for sometime. We can have y'day's close or today's low as SL at this point.
***brokers are giving exit calls on "SELL" calls given earlier. SBI sell call remains open.
ganesh its in the mind
gautam
nice reply...seriously asking man..give me some reference...?
exited long at 5335 and gone short, go with the PATHSALA
Hi Sri.
GB - Do u mean to close longs?
Silver view?
Lord Budda is not allowing entry.
evrythings on the chart. im using a simple
stocks app on my mobile to view price action
from yahoo finance
Hi RG
what u done with ur 53june long
Touch wood. Recovery (small though) indicated by the barometer - will it hold GB?(TISCO).
not sayin anything abt.mkt direction
only viewing price action
Sri - Long(ing). Pallankuzhi is half full.
mishra ji,
why short?? at 5335??
Anyone has yesterday' FII data?
RG: what u r waiting for...to seize double from opposite side...
me crowd follower still!
time to hit the bed. happy trading all
mishraji,
if i am not wrong sir has sounded a buy at premarket
range
hundreds are waiting to get on to this
surprising train (400 points) and waiting for
correction
will it correct????
Yes PS, my entry was ok, got confused with message here. Confidence on self... conviction lacking. .. :(
one thing clear to IN MY MIND that predictor
going to home with bankrupt within in some months even
today if 100 down. Did you forgotten you gave sell call
at 4800 (600 points up) . pl go home don't spoil others
BY
already affected victim like RG. RG you too still.
http://dollarindex.blogspot.com/
http://dowfuturechart.blogspot.com/
Live and auto Update and auto refresh Charts.Hope will be useful for all.
Rgds,
Bramesh
revised sl in nifty 5400 put to 65
dow fut...30+
Sri - Have gone by your warnings. N-L done. 8L kuzhis to go. July-S is waiting at -100. Ok.
AM - Our trades are our decisions. No one can give us gain or loss. Aham Brahmasmi - responsible solely for all that happens to us.
GB or RG or XX - all are "advises/sounds" keep both ears open so that what u don't like will go thro the other ear.
Sir,PS,Sri and Friends - something urgent. Taking leave. Good Luck for your Longs and Shorts.
A sharp runup possible with the help of euro/USD watch it carefullyy..
Hi everbody!
A sincere & responsible analyst like Ilango sir never predict market in this manner like wait sometime, just look after europe open. ILango is always calm & enjoys in cool manner all this predicting drama. What that person will lose if market goes against him 200-300-400 points, maximum he will say sorry guys this time i gone wrong, sometimes he will not take pain to say this too & may say only that i m going to sleep. So best is to follow the market, make a trading plan & then follow ur plan...dont listen anyone.
Rgrds,
KUMAR
@Rama
Take a look @ this site You can find some useful data.All in ONE.
http://www.niftyfuture.co.in/index.html
bye rgsir ,
come back soon
Way too many ppl waiting for 5400+ , wont come this easily.
@Kumar
Well said
Whats the diffrence between a cracked pot who makes flowers bloom without knowing and people who eat their banana and throw their peel in front of others...claiming a democratic country...:)
I am tired of people coming here and "just" making predictions without any followup. I dont mind them going wrong but atleast they tried. But these people who just make mindless predictions because they have a "feeling", please keep it to yourself. Here is ilango sir, after spending years on this, still finding it hard to predict each and every time. The sad part is I see folks sometimes falling for these calls. And when their calls dont go their way, they either disappear or just come back and make another prediction. Please start your own blog and do these predictions. Just because the market has gone up 500 points doesnt mean it cannot up another 500 and doesnt mean it cannot go down 500. NOBODY KNOWS FOR SURE.
-- gd
hey gd, looks like you have not been to Xtrends. That's were a guy keeps predicting the end of world.
well said gd, kumar and am
ill make it a point to disappear 4 good
cheers
i bet nifty will cross 5400 today !!
@gd,kumar,am
there r tech studies that predict
i dont know abt ew but ppl who know pls confirm i feel it
too predicts. sir uses ew too.. to the best of my knowledge most of gb sir's predictions
r with stops.
gd,
I agree. Market is always Market. So predicting the market is mostly a wast of time. just moving with the market like "a wood floating in the river" is always considered intelligence in market. Some realize after few blows, some may not realize even after several hard hits.
nifty retested morning highs,,now if falls below 5315 and sustains then may see reaching 5288 today
Dear @GB,
U disappered so many times, closed ur blog but this market was not closed & no trader runaway from this forum. Sometimes one should face the mirror & realize his mistakes bcoz learning process never ends.
Rgrds,
KUMAR
@GD
Well said
@GB
I am not here to insult you, but as a novice trader this
kind of information makes me confusion. Give your valuable
contribution as you well know about Gann theory and explain
us. We will learn from you.
its not market, its maar-kaat. movements to both sides.
///STOCK4SURE said...
nifty retested morning highs,,now if falls below 5315 and sustains then may see reaching 5288 today///
STOCK4SURE,
if 5315 sustains how 5288 can be reached? do you mean 5388?
@PS
Sir won't predict. look at his ew charts, he gives
only probability. PROBABILITY DIFFER FROM PREDICTION.
Aree Yaar, people comes and goes and comes.. Why to bother. we came to this blog with each individual purpose. Lets pay attention on it. Master doesn’t have problem coz he may be feeling, each one can share their own thoughts. Why we should have problems what others are telling when master doesn’t have. To follow others or not each individual issue. Let them decide. I never seen a comment what @GB told ( I never observed ). My aim is to read Sir’s comment. That’s the period
Paresh...
what r u betting ?
or just announcing?
i am sure about 5400
///@gd,kumar,am
there r tech studies that predict
i dont know abt ew but ppl who know pls confirm i feel it
too predicts. sir uses ew too.. to the best of my knowledge most of gb sir's predictions
r with stops.////
PS,
I personally feel technical analysis dont predict but it try to feel the movement direction.
sir...can TSL be raised to 5326 which is HL ema ?
regards
@am u have to understand a basic difference
sir teaches us.
a person who gives us call is different.
sir combines ew (prediction ) with ema
(market following)
this is a open forum and all type of experts share
their views. the owner (ilango sir ) wants it that way.
open forum have its merits and demerits but whether the forum shud be open
or not can be his decision not anybody's?
Manu Paaji,
after eating my SL in 2 trades, finally Unitech moved in the direction.
this move covered my loss in 2 trades.
http://tradingontechnicals.blogspot.com/2010/06/unitech-ltd-update.html
thanks
Dear Trader,
///STOCK4SURE said...
nifty retested morning highs,,now if falls below 5315 and sustains then may see reaching 5288 today///
STOCK4SURE,
if 5315 sustains how 5288 can be reached? do you mean 5388?
Please read carefully, he said fall below 5315 and sustain below 5315, we may reach 5288.
Sunil
moneyinrupees ,
thanks. i got it.
@Yoda & all friends
How nifty 1 Month Future react to weekly fibo levels @ 5320.18 & 5340.18, 5357.64 today?
Low was 5322.
opening 5342.75
high 5357.65.
:-)
Thanks & Regards.
NEW POST DONE
@Elango Sir
Shall I BN now @ 9675
Please guide me
Hi
Watch S&P CNX NIFTY Overview
http://sharesonlinecharts.blogspot.com/2010/06/watch-s-cnx-nifty-overview-for-last-4.html
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