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 ...
20 comments:
GM Sir and all blogmates
Good Morning Sir,
I think the Pivot,support & resistances levels are calculated with closing price as 5798.
The closing price is 5754.10 and with this price we get following values,
PIVOT : 5765 S1:5687 S2:5620 R1:5832 R2:5910
I hope this is correct.
Regards
DYS
Very Good Morning Sir and Friends. Sir How are you feeling?
Best Wishes on National Youth Day
To succeed, you must have tremendous perseverance, tremendous will. “I will drink the ocean”, says the persevering soul; “at my will mountains will crumble up”. Have that sort of energy, that sort of will; work hard, and you will reach the goal
-Swami Vivekananda
Remembering Vivekananda on his birthday
Youth Day
IIP 6+ AGAINST 10 - expected? Be cautious.
Good morning Ilango Sir and all
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I hope you have recovered from your illness completely
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Today is Birthday of Swami Vivekananda India celebrates as National youth day.
Hi RG,
The Avg IIP for last 3 months (Aug to Oct) is 6.9
hence i am expecting Nov IIP should be above 6.9 only, bcoz manufacturing that contributes around 80% of the industrial output.
If IIP for Nov above 6.9 or 7, then market wouldn't go down
Thanks Manokar. I stand corrected if wrong. Shared the circulated info only. OMCs are expected to post good nos.
"If IIP for Nov above 6.9 or 7" - you mean BELOW?
Ilango,
ORB has given a Sell. Should we still Sell ?
Good morning sir and all :)
Those who believe in God should pray -- not for money, not for health, nor for heaven; pray for knowledge and light; every other prayer is selfish. - Swamiji
Toughest thing in the Business is - Mind your own business - Self :D
Hi RG
I meant only ABOVE only :)
Good Morning Sir and all.
Sir, Hope you are feeling better today.
Sujatha good value system is what makes you successful!
RG Sir,
With a positive frame of mind... unable to decide.
Luck knocks the door only once. Bad luck keeps knocking till you open.
Being positive is luck or bad luck?
No enemies for online traders, if at all there is one, that is ourself. It is Brain & Heart game.
Discipline and Patience alone give you success.
Bad luck knocks the door till it breaks.
*just joking
NEW Post DONE.
= = = == = = = =
Thank you...Better now.
ORB - sell in a narrow range.
Will it break if it is made of our Mind than wood?
CK : My trick is to immediately shun the defeating segment to a new one. If Index is not obliging, look out for the individual counters. Would like to be Positive. Would like to believe the method in my madness. Even Tue 2.30 turned out +ve when I conceded defeat. Success and defeat are "mind over matter".
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