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...
76 comments:
2nd chart (Pivot Trading) is too good sir.. specially for ppl like me, who couldnt watch market all the time :)
CALL OI +2.51%
PUT OI +2.25%
call
SR BOD OI Cur oi Diff. Percent
5600 1027600 1030750 3150 -1.39
5700 2609250 2664300 55050 1.75
5800 4787950 5008800 220850 11.34
5900 6596100 6743150 147050 5.3
6000 7233700 7205250 -28450 -1.18
put
SR BOD OI Cur oi Diff. Percent
5600 5191300 5158500 -32800 0.72
5700 6521400 6753800 232400 4.3
5800 5568000 5623050 55050 3.39
5900 3160450 3011400 -149050 -7.76
6000 1613650 1576550 -37100 -4.12
@Sujatha ji
:-)))))
anybody using google chart? it's not working 5min.30 min and all thanks n advance.
Sir - feeling some upside possible now. will it??
Master,
What should be a good zone to part book JNSAR trade?
NF Long @ 4870. Shall i hold sir?
Beautiful life...4870....MY GOD when did NIFTY touch this level
Beautiful Life - ur long side is - really beautiful life :) i fainted :P
Sujatha...I guess he meant...5870
now scenario sell on rise still market corrects up to 5720()
Nifty is it making a rounding top?
Immortal - yeah.. i know it's a "typo" just kidding :)
@ Fire,
It is either @ 5720(200sma) or 5750-65(Week S2 & Day S2).
@Sujatha,
That is good news.
Sorry NF Long @ 5870. Shall i hold it sir?
@ Sujatha
Google chart is working fine madam.
LV
Master,
Thanks a lot.
Stock market is like cycle stand
if one falls all follow :D
@DR
Good joke :)
@It is Just Sell Sell and Sell Till May end
sujatha..
hi
http://chartink.com/realtime/nifty.html
DR : Mother-Son may become Jack and Jill ?
...
Jack fell down and broke his crown
And Jill came tumbling after...
Hi PT : Nice you found your way back !!! Last year Sir's CANNOT DISPUTE Critic's slogan was "buy in May and go away". Sir, is ther any change this year?
Good Afternoon sir and everyone
Some thing new today (pivot charts...)
shr - mm.. but completely gone to my "d"'s fees :P.. take a break frm mkt
Timepass - Question: What are two reasons why men don't mind their own business?
Answer: i) no mind ii) no business
LV sir - no sir now only it's showing the correct range and all :P
anyway thanks for the information.
RG Sir
Sell in May and go away :D
Make hay while the sun shines
It April yet I am biased bull
If not long will not short
@powertrade...Time you to suck the blood of bulls now...Heheheh
manu - thanks. using that one too :) but google is good trading with my own set up and always change and check often
@Rajgopal Sir,
Good Noon .... Was out for 3 days ... This time looks like till May end we have to sell Till we dont get 4600-4800
@Immortal
This week may not be much harm to bulls as 3 days only Major break down may be on 18 and afterwards
@ RG,
It is general theme. It wouldn't have worked in the year 2008, though market took the U-turn only from March.2009.
For LT portfolio follow the Month/ week TA combination.
For short term deliveries, Week/Day TA combination.
For short term traders, Day/ Hour TA.
Dear ILango sir!
In last few weeks 50 SMA & EMA..both breached 200 negatively, indicated a death cross. 50 SMA is still far below than 200 SMA but 50 EMA crossed 200 EMA postitively. So how long term postional traders should take it? All members views are welcome in this regard.
Rgrds,
Kumar
OMG tomm is holiday
Prior to holiday Nifty completes
its two days job in one day
@ Beautiful Life,
If you follow the markets, you should not miss a JNSAR(Hour) trigger with Hour -ve div @ 5890NS.(Macd dn/ stochastics breaks below 80); Then the close below Day High Ema cautions you to book profits in long and start selling on rises. Even if you do not wish to go short, exit longs; If part exited, then the remaining should have been kept with TSL.
Since weekly TA remains up (But has shown a part of a reversal pattern-Evening star), a reversal is possible from around 5750. If not, some intraweek rally towards weekly Pivot-5869 is likely.
Retracement levels of the last fall of 5830-5784.5 ---
38.2% - 5802
50% - 5807.5
61.8% - 5813
Timepass:
Why do Indian Womenpray to God for same husband in next
life?
To Ensure the efforts taken to train him in this life,
do not go in vain.
@kumarji,
i dont track ema's but 100-200 sma is on verge of
giving bearish cross.
what suj? so much men bashing today :-)
did u give breakfast to ur hubby today?
Dear Piyush Sharda!
Thanx for ur views...
@ Kumar,
The averages positioning is a concern for the bulls. Today, 100sma is likely to move below 200sma.
200sma & 100sma are positioned @ 5700-5720.OI of 5700PE is highest @ 5700, the last support of bulls.
Week S2-5747 should hold for bulls. If fails, that would be an early warning.
For the day, a close below DLEma will be the one to watch out for.
Sir you grossly under-estimated me. Why follow day/week/month TAs - too much demand on a 'mindless man'. I just follow you. It is short,sweet and successful. Only women with lot of mind do home work !!!(and of course ask for a man's confirmation)
DR : I also feel very comfortable with stock on hand. But there are Kumar Sirs,PTs... who prove otherwise.
Thanx for ur reply sir....
@Sujatha,
No mind because the wifes have eaten it all ( brain curry ) and hence no business as well.:-))
@ Piyush - nothing :P my aunt is sending by sms previously she was sending rajini jokes
i was wondering y no "counter attack" is not coming. it has come. And by the way no "idea" to discuss about my "level". hence OOT
While market pause and move here and there, here is
Timepass
An English professor wrote the words, "woman without her man is nothing" on the blackboard and directed the students to punctuate it correctly.
The men wrote: "Woman, without her man, is nothing."
The women wrote: "Woman! Without her, man is nothing."
Powertrade whats your medium term targets?
you sticking to 4800?
in may?
PS..hi..
u entry at right time..
neo or ew..?
Dear RG!
Goddess of money will shower upon u from all sides, either u hold stock or dump or blank sold it bcoz u r the smartest trader of this forum. Recently some smart camarilla opertor stood in ur level so Bankers are pleased with their hefty deposit & thatswhy Bank Nifty showing strong move nowadays.
Oops. RG/manoj jag & all - I am extremely sorry if my joke hurts all :( My Sincere apologies.
Usually I listen to everyone & learn from everyone becoz nobody knows everything but everyone knows something.. I am “still a learner in my life” :)
Thanks and bye :):)
@ Sujatha
After JNSAR sell little wait for my method after sell
signal drawn on my chart and suggesting sell and now its worked...
at least 70-80 points from high...
I think still need improvements on my trades methods....
just learning from elders & I believe I get help always from masters......
I think you got all answers.. why EOD... Pivot...
now want to do some more paper trade
or
Rediff MoneyWiz (game on Rediff as Beginner)
@POWERTRADE
to enter intra-shorts.... wait little...
i think not a good time to act....
now bulls will try again...
waiting for Over bought again for Intraday...
@ Kumar Sir
sir, still waiting for your mail...
regards
IT
CALL OI +2.61%
PUT OI +1.99%
call
SR BOD OI Cur oi Diff. Percent
5600 1027600 1022750 -4850 -2.16
5700 2609250 2680450 71200 2.37
5800 4787950 5157550 369600 14.65
5900 6596100 6652150 56050 3.88
6000 7233700 7221850 -11850 -0.96
put
SR BOD OI Cur oi Diff. Percent
5600 5191300 5067350 -123950 -1.06
5700 6521400 6838500 317100 5.61
5800 5568000 5472150 -95850 0.62
5900 3160450 2965500 -194950 -9.16
6000 1613650 1562100 -51550 -5
@ Prabakar
Spl. thanks for OI Data
Thank you Kumar Sir. I take it as a blessing than undue compliment.
SR : I will be the least inclined/bold attack you. I am aware of your arsenal. Just my excuse for not doing any home work but holding Sirs,Kumar's,PT's strong hands and your soft fingers to trade.
btw - thanks a lot for doing home work for our benefit.
manu
dont understand neo yet. if u r long i feel 5760/11540
protected it can make a high
Sujatha,
No offence taken. Carry on.
Hope this will explain things:
http://www.youtube.com/watch?v=AQ9L9YBJkk8
@Sujata, I have right answer for your question.
Too much of Mind and too less of Business.
@Sujatha,
I had something to ask you -- how important are the Cam S4/R4 levels? For the last hour & half, Nifty is playing about Weekly S1@5995 & daily Cam S4 5992.
Husband & wife were arguing over some issues...After too much discussion, wife finally said: Tell me dear, do u want to win or do u want to be happy? Arguement ended & husband slept immediately:)
Trendline of NS 5 min chart from Friday has broken on higher side. If sustains, may expect upmove.
BN buy triggered
brave hearts can take pangga with proper SL
if sustains for 5 minutes
otherwise bear enjoy beer party :D
CALL OI +2.81%
PUT OI +2.23%
call
SR BOD OI Cur oi Diff. Percent
5600 1027600 1025200 -2400 -1.92
5700 2609250 2699650 90400 3.1
5800 4787950 5210150 422200 15.82
5900 6596100 6640400 44300 3.69
6000 7233700 7238250 4550 -0.73
put
SR BOD OI Cur oi Diff. Percent
5600 5191300 5050800 -140500 -1.38
5700 6521400 6820600 299200 5.34
5800 5568000 5470450 -97550 0.59
5900 3160450 2954550 -205900 -9.5
6000 1613650 1563700 -49950 -4.9
@ FIRE
please forward any educational files/links
regarding cam points
regards
IT
Dear Prabhakar!
Thank u very much from ur continue support of Open Intt.
Weekly Cam S3 @5808 playing resistance again.
Dear Kumar Sir, IT & Friends,
If it is not disturbing, anyway useful, then Happy.
@IT,
Sujatha is my teacher in this matter. But you can check this link ---
http://www.mypivots.com/dictionary/definition/42/camarilla-pivot-points
DR,,sl?
Hello All, is it preparing for fast fall setup?
thanks for elaborate.
Manu
SL not hit yet:D
Dear Prabhakar!
It does not matter that how much benefit one may take from this is or not, sometimes very much & sometimes very less. But ur sincere efforts always help us.
For me its safe to go short in Bank nifty fut near 11700 with stop loss of 11730 on 5 min sustained basis.
Aftershock shakes Tokyo, Tohoku; tsunami warning issued for Tohoku
Thanks Kumar sir. I understood and will continue to post.
a final push off the wall.........
Weekly Cam S4 @ 5775.
New Post DOne.
RG Sir 2:30 factor?
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