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 ... -
If the steady FIIs inflow reflects in the prices, 5405 should be protected going ahead and market may encounter minor corrections and keep m...
58 comments:
Sujatha said...
Kumar - lolz.. :D anyway pls. hold my 5872 level will join after 2.30
RG - who says market is predictable??? then i am the "Queen" of "Queens
April 5, 2011 12:02 PM
I am always sir's pet poor student :) he gave me a "punch
reposting. Lovely niftyyyyy
Kumar - check mail
ha ha Suja - from what Kumar says u r already a Queen. I am the permanent Jack(Sparrow?)
Aggressive writing in 6000 CALL since morning,5900 CALL joined the bandwagon...
Not favoured for bulls, also 5900 PUT unwinding not good sign for them..
Buildup in 5800 CALL agressive will be,alarm for longs holding...
Highest OI
Call side 6000 CALL - 60.79 lacs
Put side 5400 PUT - 57.57 lacs
5700 PUT - 54.65 lacs
@ Bizagra,
It is either 5890 or 5912NS.
Dear Sujatha!
I checked & forwarded to SEBI, now they accepted to change DIIs buying into SUJATHA'S buying.
@Prabakar
waiting for OI data...
regards
IT
Dear RG!
Hi! Board become active when u remain with us:) Kali Phos crossed 7 seas or not?
Kumar Sir any way we can check whether S(D)II is into Banking stocks today on way back from her Bank?
@ Sujatha
check my mail
regards
IT
Yes Kumar Sir. It has already. Wanted to ensure that the great Indian initial enthusiasm is kept alive with regular supply. Cousin has reached Geneva with it.
2maro nifty may move up by around 100 - 150 points as per astro . i think 5865 spot was best buy level for today
any technicals see 2maro rally ?
@ moneyplant
no idea....
still now all things supporting bears...
i.e. Adv.& Dec., VWAP & Indicators....
waiting for OI Data...
2maro NSE BSE closed
why?
kyu ke rosy mam ka kutta mar gaya :(
DR ji :) :)
@ moneyplant
don't believe astros....
80% fails and 20% luck bychance success....
(some times 50-50)
trade according to plan...
regards
IT
SIR
5855 NS reached, any significance ?
regards
OM SAI RAM
@ DR ji
wauoo.... :)
@Anil
do u know the reason for heavy writing in 5400 put...i fail to understand why wud somebody be buying Deep OTM puts...and these are significant addition since yesterday...any clue mate
@ Immortal
thanks
adding 5400 put to my watch list
Is today a Bank Holiday ????????
dinesh bhai should punished
for faltu joke
ok.....DR....Thats why Nifty is commemorating today(: My sincere sympathy to rosy mam, has she another puppy for 2moro too?
@ POWERTRADE
no....
account of the bank holiday in view of Gudi Padwa dated 4th April 2011. Deliveries purchased (both NSE/BSE) 4th Apr.2011, will not be available for selling on 5th Apr.2011,as the Pay-in /Pay-out for both the settlements have been merged on 7th Apr 2011.
Ya PT...Its bank holiday today...some Jhoolelal day etc.
@ Rochak,
For a pivot table trader, below 5887(Day's pivot), the first target is 5855(S1) of the day.
Having yesterday's EOD TA up, only a reversal day would move tomwards S2 @ 5801.
An attempt by the bulls to salvage would be on here. Close of the day would be keenly watched for any change in TA.
So far the trading has been based o0n highly OB & -ve div Hourly TA.
@immortal
5400 out writing going on since, when nifty moved up fron 5600 levels,many large HNI players play it for volumes, and OTM strikes like this one, get them good trades even if market consolidates and dont go their direction.They encash huge premium.As off now i dont see nay significance in that,may b who knows, something is cooking there..
Bro Bhushan
If you dont laugh at the acting of this boy
Punishment accepted
http://www.youtube.com/watch?v=_iSeZqonoQY
Dear Friends,
Option OI now;
Strike Type OI %OI Change
5500 CE 1262800 -7.57
5600 CE 1560350 -12.17
5700 CE 2713250 9.08
5800 CE 4305150 11.94
5900 CE 4400900 45.22
6000 CE 6181550 20.25
6100 CE 3169000 16.67
6100 PE 147300 -2.13
6000 PE 1714250 11.42
5900 PE 2436600 -7.94
5800 PE 4917500 9.69
5700 PE 5515600 7.71
5600 PE 4910350 3.98
Thanks & Regards
Sanjay
@IT @kUMAR SIR
THANKS A LOT
@ Sanjay Ji
thanks for OI data...
@PT sir,
No. Today is not bank holiday
@Nilesh
Thanks a Lot
@Anil...i m looking at the movement since yesterday..as there was increased addition in it...the premium is around 8 rupees or so...writers i can understand trying to safely eat the premium as it is deep OTM...but who are the buyers to bet on DEEP OTM puts...why wud somebody such deep OTM puts with such volumes...has anybody noticed such a trend in the past...may be SANJAY can answer...pls sanjay ur advice is valuable here.
Aggressive write up in 5900 CALL and now in 5800 CALL..
If hourly chart 5853 BBMIDDLE nifty next support. Hourly close below BBMIDDLE we may see more downside.
Dear Immortal,
What I can understand from whatever data is available is that there seems to be some buying of 5400PE and not selling, maybe someone think Nifty can tank.
Will see about it at EOD
Thanks & Regards
Sanjay
34 ema in 30 min tf = 5858
@immortal ,
with my limited idea of options, if someone thinks
that 5900-6000 levels may be the top of the series or atleast
yeild 200 point correction before moving up. this view can be
played with futures may be 2-3 stopped trades will be there
in the same cost u can buy these options and wait for some days.
as per gann 2maro nifty may hit 5950 spot
RG Sir
what to do now
I sat on berth No 750 and when TT came he said getup
its Berth No 850 :D
@ Rochak,
Why 5855 important.? Yesterday's 50 point candle had its low @ 5855.40.
Dear Rochak,
And the 5855 Spot coincided with 5872 Future which was the VAL from yesterday.
Thanks & Regards
Sanjay
3 may 11 beginning of something bigger move .. up or down ? ask to the technicals
Money Plant
till 3rd May 2011
we would have completed 2-3 trade
No body can predict Market so we also dont try :D
Hello Sir,
What KST indicator says y/day wrote blw 5780 weak and abv 5805 strong and give the range of KST Level please.
Sir,
Some understanding on RSI.
why MACD Better than RSI in Trend Indicator.
@ DineshRishi Sir,
TT ne aapko 100 points upper ki birth dikhai...appne jaroor 850 ki birth pakadi hogi.....any way profit of 100 points....
Ilango sir, sud i exit remaining intra shorts??
Can the put volume at 5400 be explained by ELD (equity linked debentures) issuance by investment banks' associates?
Ilango Sir,
Which high is considered to find retracement,5955 or 6000?
@ SK,
Why? I do not know. The difference is : Macd takes the average of the closes whereas Rsi takes the diff. between the closes.
The factor taken to compute these clearly shows the "smoothing out" in macd where as Rsi could be choppy depending on gains & losses of each day.
@ Bizagra,
As I said earlier, 5890 & 5912 could be used as tsl.
Hope you have partbooked either @ DHEma(5867) or 5855(S1).
Yes Ilango sir, part booked at DHEMA.Now keeping 5890 as sl.Thanks
@moneyplant
i am getting down TGTs around 12th april, and then 2-4th may, in some of BSE indices..according to fibonacci cycles and time projection.
I know projecting mkt is impossible, but its just a study so dont get carried away with it, trade with price.
Thank you sir.
Just formula understanding.
New Post Done.
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