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...
73 comments:
CALL OI +5.52%
PUT OI +2.70%
call
SR BOD OI Cur oi Diff. Percent
5700 2648500 2649400 900 0.04
5800 4119400 4292000 172600 4.21
5900 4623150 5367700 744550 16.22
6000 6083850 6665550 581700 9.7
6100 3169900 3409400 239500 8.45
put
SR BOD OI Cur oi Diff. Percent
5700 5916150 5971000 54850 5.25
5800 5278700 5363450 84750 8.65
5900 3132950 3349150 216200 22.23
6000 1960800 1857100 -103700 3.83
6100 170300 185750 15450 14.7
After 10.55 am today, highest reduction in 5900 put OI
the trendline joining 5350 low upto now gives 5894 as the level to defend for this hour (in hour chart). the trendline has not been breached since morning, more fall only below 5894 for the current hour
nifty is not moving much but stocks are on fire like unitech , 3iinfotech... reason dont know??
Dear Friends,
Does anyone have any CALL/NEWS/RUMOUR on JAI CORP?
Would appreciate feedback.Technical breakout as well
Kumar Sir - today is your day. Ms Cam excused. We will take it back tommorrow.
RG Sir
Puli or Cat expected?
Thanks Prabakar OI data really helps.....
thinking for short...
waiting for masters signal....
Dear RG!
Thanx for supporting my wishes...if today is mine then definately today's high will remain in trouble for many days...Lets hope for the best & be ready for(:
Indian Trader,
Master Said...
"Nifty stopped @ 21 sma-5872.
If it breaches that again, more falls may be expected
"5780"-weekly pivot before which 5845-Day ema."
@indian trader. Hasnt sir already given the signal? Weak below 5895??
@RG
wAT does todays 2.30 factor bring us positive or negative i think u have closed ur short and took long yesterday @ closing time
NS supports - s1. 5884.55 s2. 5877.61 s3. 5873.40
NF supports - s1. 5899.07 s2. 5894.71 s3. 5889.94
trendline breached but support at 5886 (hour low ema)
DR - I see furred animal that can walk on two legs.
Kumar Sir - copied your trade. I will never fight market and Intelligent men.
@ Ravii & cooldent
thanks for updates....
facing some net problems (slow speed on tata photon)
from morning unable to load pages properly
(it taking about 1 min to load JN Blog)
unable to run TT from morning...
missing everything now on google finance for chart updates
tick tick 1
tick tick 2
tick ticcccccck
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ECG report
Karthic:Y'day Long at 2.30 encashed today. Now short in Nifty to hedge a few Long counters.(Wed 2.30 for me is -ve - it is just a rule of thumb,kindly don't bank on what an idiot says).
Dear KARTHIK!
RG is inventor of "Chameleon Trading" so he changes his coat most fast...smartest guy of this forum & keeps busy himself in counting cash...no helper allowed there.
Rajagopal said...
DR - I see furred animal that can walk on two legs.
Oh beer with bear
RG,
You brought a 4-legged animal in disguise :(
@ Dinesh Rishi
thanks sir... (furred animal)
cheating cheating cheating
I placed buy order (as SL order)
Price not touched and order executed
Kumar Sir - "Chameleon Trading" - again I copied the stratergy. Suja holds the patent right - may even get into atleast Limca book of records for the speed.
Watching HDFC,IDBI,HIND LEVER Shows greater RSI Vs Nifty.
DR Sir - I prefer stronger alchohol content.Ginger,Pepper,Tomatto,Coriander...(Rasams). Differ with Teacher(s).
btw why is 2.30 so hesitant today? is it the "avalance buying" effect still?
Neither puli nor cat, do I smell a rat??
Area around Day High EMA 5893 offering support... I have gone long... very small qty... 1 lot...
2:30 factor is negative, but market wants to go up ....
so net net.... its going nowhere.... hehe
OMG SL means sure loss
on 5 mint BN nifty chart its clearly showing
from 11795 it jumped to 11824 to get my order
Dear RG!
Nifty's car was running at 100 KMP so may be slowing speed for U turn, either will meet accident. If Nifty want to enjoy journey more, road is now hilly and not smooth for journey now.
பிà®°ிய à®°ாஜகோபல்சி,
குட் அபிடேà®°்நூன்.à®®ேà®± தமிà®´் à®®ீ லிகா எ கமென்ட் தேக்ஹகே ஆப்கோ à®…à®·்சேà®°ி ஹா ந?பாலே à®®ை போல் ஆர் லிக்ஹ நஹி சகட்ட லேகின் கோà®·ிà®·் டு ஜரூà®°் கரூà®™்க.இஸ் பிரகர்சே கை தமிà®´் à®®ீ லிக்ஹனேவள,சாயத் à®®ை பகிலா ஹாய் ப்லோக்à®®ெட் ரகுà®™்க.ஹம சப் சொச்டே ஹாய் கி நிபிட்டி உசி டிà®·à®®ே ஜாயே ஜகா ஹம சஹடே ஹாய் லேகின் ஆஜ் லகட ஹாய் கி ஆப்கி பிசலே சால் கி "பந்தர்,ஆயன ஆர் பூஜாà®°ி மகாà®°ாஜ் கி கஹனி யாத் ஆ ரஹீ ஹாய்.தேக்ஹடே ஹாய் கய ஹோட ஹாய்.à®®ைனே பீ 5900 ke கரிப் அபிஅபிய் சோà®°்ட் கிய ஹாய்.எக்டம் சோடி கோண்டிட்டி.லகட ஹாய்.சபேà®±ேசே பாகாà®°் தா டு ஆப்கி கமெண்ட் பத்கே ஆப்கே பிசே ஆ கே லைன் à®®ீ ஆகர் க்ஹட ஹோ காய.
OMG atlast. Just found 2.30 is as per Indian Railway time today. Buy whatever was exited at higher levels.
Dear Friends.....
Anna Hazare fasts unto death starting 5th April.
He is demanding enactment of a strong anti-corruption law - Jan Lokpal Bill - to ensure swiftness and certainty of punishment to the corrupt.
Will his fast have any impact on the deaf Government of India?
Yes, it certainly would. Because, last time when Anna sat on fast -
• 6 corrupt ministers in Maharashtra had to resign
• 400 corrupt officers were dismissed from job
• 2002 - Maharashtra RTI Act was passed
• 2006 - Central Government withdrew its proposal to amend Central RTI Act
What can you do?
"Let the whole nation fast for a day on 5th April and pray for a corruption free India. Collective prayers are very powerful. Let the whole nation pray against corruption," appeals Anna Hazare.
"Lets reach Jantar Mantar in thousands, in lakhs from 5th April. I will be there - day and night - with Anna. We will all sleep on the roads of Jantar Mantar. Anna's fast can change India's history. Can't you take a few days off from your work and be a part of it?" Arvind Kejriwal
"Send us a missed call at 02261550789 to stay updated about this movement. Forward this mail to everyone," Kiran Bedi
Please give a missed call at 02261550789 and extend your support to great Hazare..He is fighting for us.....
Dear Mynac!
Is it the language & font of ur new blog????
Dear Kumar,:))
RG/Kumar - Very sorry if i spoiled your "be(a)er mood" what i am coming to say is "still possibilities are open" for upside, it's not a thumb rule it should come.
Will not disturb hereafter with my "level" :) my tsunami's are coming for holidays.
Mynac - kya huva? bahooth garmi hai kya mercury high???
mynac : Salutes,Nanri,Nanni,shukhriya,danyavad,merci bien,dhaya ....just a big THANK YOU. Nothing beats its sweetness.
Kumar Sir - I think last hope gone. Election time 2.30 became "dal badloo" ??? Bears may learn to eat grass now. Exited Short and Longing.
Dear Sujatha,
I too shorted,but looks like market is not happy so remember last year's Dear Rajagopal's "Monkey,Mirror & Pundit story".
Hi Suja - just hide your money-sacks from tsunami's(sound in sync with mami's("ar" missing !!!). Have a nice time.
Market as usual Monkey & me Pundit:))
Nifty Futures 5 Minutes in a channel: CLICK HERE
Thanks Dear RG
Nifty spot trying to close above 5893 to keep tomorrow bull hopes. correct sir?
This is most corrupt Govt in history of India. Its leader Manmohan Singh is not corrupt but dont dare to stop anyone for looting India. Black money...he never replies. Thank God we have a judiciary which is daring to ask something from this corrupt Govt. Sharad Pawar & company sucking blood of lower & middle class since 7 yrs.
Dear Sir
Today we will closed below High/LOw EMA So downward momentum star. Pl indicate KST price
Dear Sujatha,
"still possibilities are open"
No Doubts. But the huge 2.80 CR.O.I.is concern.Will it be easy task for Bulls from here to force Bears for short covering after 450 points move? I dont know the answer.
The upmoves are all slowly retracing any fall and doesn't look like impulsive at all.
Ilango sir, are we carrying shorts for tomm??Thanks
mynac - it's quite wonder this time i am too strong!!?? still not initiated any positional short. trading the range. :P strongly believe 5872 will not taken out easily this week. and praying it should be much active "in my absence" (selfish :P ) as i can't monitor much.
sorry read it as "IT SHOULD NOT BE MUCH ACTIVE"
Sir, closing bell??
Will Pivot work its magic now?
Mynac – u r talking abt OI figures. I am always agree with you. But ulta pulta ho jatha hai na? in that case nifty is fooling whom, longers or shorters?? Definitely who bought puts will suffer a lot as becoz of time decay don’t forget “truncated week is coming” nifty may grind here and close this week and next week will be “short covering” ??? or profit booking??? I am not in “hurrey” . Protected 5920 is definitely short covering wat say?? Only time will tell :P
The NF rollover on last day of previous expiry playing big role here.it was bet.5858 & 5915 & the quantity was huge... 55 lac.Highest rollover in a day for last expiry.It was 22% of the total roll over for last day's O.I.
Dear Sujatha!
I followed ur calls one week now u pls unload 1-2 trucks here either i will not be able to cover my shorts. If Dow uncle or China gave surprise shock, then gap down will take place so 1-2 trucks only. Now survival war has to start so from today i started giving Kali phos to my injured Bear.
@FIRE. YESSSS!!
@ Sujatha
I am in longs. As long as master says the trend is intact I will continue to be so. Not done any short term trade. Giving you company madam. Good luck.
LV
In simple words I would take chance to cross NS 5920 with volume...& firmly.
Tussle around DHEma-5893.
@Cooldent,
Maybe another close above DHEMA. So out of shorts now. But for the first time bulls are struggling to make the close above HEMA. Interesting!
@ Kumar - already out @ 5920 my level, but trading only not taken any positional short
Ilango sir, if it even closes below DHEMA, it is sell on rise so we can exit to short again tomm??
Thanks
llango sir,
4 tomorrow can it be a short positon if its closing
below 5893
parminder
or long
And never traded firmly after 10.30 AM above DHEMA.
closibg 5892.7
u r right sujatha madam ?
Banghead day
Bye to all
mkt closed for the day
Bye Sir and Friends.
Bulls are happy because consolidation going on and closed around DHEMA & Bears are thinking that this is "precarious journey" & likely to come to end.Let us try to find out the answer tomorrow.Bye Everybody.
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