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....
-
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...
49 comments:
M&M moving with vol.
rg sir,
it has taken support at 600 previous support.,
2 times it has resisted at 640
645. pos div in hourly charts and huge
vol conf as u pointed out
Dear RG/PS,
But M&M move is news based also ""M&M PLANS TO INTRODUCE ITS FIRST MOTORCYCLES IN INDIA WITHIN THE NEXT FEW MONTHS"
Sunil
Thanks PS. Sunil - this law of unintended coincedence recurs quite often. Tech bounce supported by news. I will ride the Logan till it stops.
Sir Wats Ur View on Nifty Now..??
Has anbody filed IT returns for 2009-2010 by shwoing F&O profit/loss.I have invested 2 lakhs in F&O and lost all the amount.But my broker(icicidirect.com) shows only -646 loss.How this is possible can somebody help me?
Request:
Unable to open TA table. Kindly post hourly values. 10 am noted. 11 onwards pls...PS or Satheesh.
Asia has slowly entered RED zone - confirming bearish tone of the markets....
Janak,
See how its slowed down already? It might reach 5445, but when it turns, it'll drop with a bang.
Has anbody filed IT returns for 2009-2010 by shwoing F&O profit/loss.I have invested 2 lakhs in F&O and lost all the amount.But my broker(icicidirect.com) shows only -646 loss.How this is possible can somebody help me?
RG
11:00:00 5,387.00, 5,394.90, 5,386.50, 5,390.25
@thedon wat is ur yearly turnover
@kiran
I transfered 2 lakhs at the begining traded through out the year .By end of the year lost everything
RG sir,
will update 11 close afterwards
21/07/2010 10:00:00 5,381.05 5,399.85 5,381.05 5,388.90
21/07/2010 11:00:00 5,388.75 5,396.55 5,388.70 5,392.25
Yoda, do u think today it will reach 5445? generally i've seen that when asia is trading in green and when europe opens in green too - market attempts higher tops - but today....
Ilango ji could u throw some light on this
I have invested 2 lakhs in F&O and lost all the amount.But my broker(icicidirect.com) shows only -646 loss.How this is possible can somebody help me?
http://2.bp.blogspot.com/_ot1WH5p4Xr4/TEZUJKKNBSI/AAAAAAAAKgE/IYenh5sVs3g/s1600/0.0.PNG
Master has charted the course.Patience will reward
Thanks Yoda.(u cud get it ahead?)
RG sir,
21/07/2010 10:00:00 5,381.05 5,399.85 5,381.05 5,388.90
21/07/2010 11:00:00 5,388.75 5,396.55 5,388.70 5,394.75
Hi Folks ...... TOday strategy should be buy Bank Nifty on declines and short Nifty on bounces.....at the end of day a decent profits..........
PCR for 5200-5600 strikes .75 now vs 0.73 yesterday
OI addition is 381,000 vs 1113,500 in calls vs puts
OI addition figures for 5200-5600 strikes only
@thedon, take print out of ur trade book in f&o from 1 april09 to 31 mar2010 & give it to ur CA.
@Janak,
I think it should make a higher top than the previous, which was 5453, but didn't want to sound crazy.:)
@RG,
I can dl the next hour on PIB down to the min. Very useful but confusing doing hourly 5ema.:)
@thedon,
I find the whole finance thing confusing too. I've only started keeping records myself from this year. I find it impossible to understand the broker's accounts, but realised it only now.
You should start bookkeeping with your entry, exit, commission, cash, portfolio/stock margin. Just one small excel sheet will tell you what's left of your money.
a change of more than 300 bps intraday in call iv's...toppling of TOP possible today ?
Hi Intraday trader,
we were expecting you today..welcome :)
@Yoda,
your thought of 5453 is for Intraday or this expiry Pl.?
aZ, you and I are too quick for our own good. haha.:)
@Prabakar,
I've no way of timing the market, and I'm bad at it. I was hoping for intraday, but I'll turn with the 5ema if it goes below it.
You have expressed yourself clearly Mr IT. Now leave us in peace. If you have nothing to do, please don't do it here.
Thanks yoda and rahul
@Yoda,
Thanks. so 5376 will be the sl. for intraday. NF is roaming around POC for last 15 mts. Any guidance?
Yoda
:)
As of now, DAX, CAC and FTSE futures trading .5% above and Expect TVS Motors, Yes Bank and Kotak to post good resuls.
Hi Yoda - thanks. Yes. PIB forecast cud be disturbing !!!
@assortZ,
sorry if i sound silly. You can always correct me.
blog updated
please visit
http://stock2gains.blogspot.com/2010/07/sterling-biotech-major-consolidation.html
thanks
regards
P.S. - This is just to inform my JN mates about the latest updation of the blog. Please express ur concern, if u think somebody thinks this is spamming.
@ all
i meanna say, its gonna stopped immediately
Dear RG and PS,
How is the volume on metals stocks TISCO, SAIL & SESAGOA
Can you give Technical details of SESAGOA,
I am long on SESAGOA@356.25
Prabakar,
??
@assortZ,
there was a misunderstanding my me. Pl. ignore.
@ thedon
ICICIDirect's fno portfolio gives quite accurate figures.
The procedure to be followed for obtaining profit/loss on ICICI Direct is:
Select 'F&O' > click on 'Portfolio Details' > Select From and To month and year > select futures/options from the dropdown menu and click on view. You will get the detailed list of your contractwise profit/losses. Since these are taken from your tradebook there is not much chance of it being wrong. Maybe you gave a wrong command.
regards.
oh, I mean the intraday ticklist is available at anytime for the hour we're in, in pib, RG.
@Prabakar,
No guidance... Ilango should be along to do that or else follow the Tech table which is the safest.
Yellanti - I am not expert in TA. But the volumes are good. Results are good,only TISCO may have -ve Financial news.
Be very quick in entry - exit if trade is Long. Sesa for me is at higher end for Long.
@Yoda,
Thankyou. and your thought coming true :)
Thanks RG for your inputs..
NEW POST DONE.
ROCHAK BOSS
NEYVELIL
U HAVE SAID ON 19/7 TO PUR AT 162.5
NOW IT IS 158
CAN I EXIT
Post a Comment