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...
71 comments:
sir what do you say ?
IS JNSAR STOPLOSS triggered.
@SK. sir already mentioned. near 5847 would be appropriate
@ SK,
Yes.
thankyou sir.
5895 to 5791 so 5856 is more reliable resistance on sustained basis, its 61.8% retracement also.
DR...burrrrrrrrrrrraaaaaahhhhhhhhhhhh
Sir, conservative also now long at 5855?
@Ilango
Sir, Why 21 SMA specifically?
Learning.
Thanks and regards,
LV
Ok manu tell we close green today or not?
sir sl for long jnsar 5823?
now Weekly candle turned green from Red
@ Cooldent,
If a conservative trader has chosen to sell @ 5835-5845, then he would have lost 10-20 points. If not, he remains Long if Nifty stays above DLEma.
5811
Thanks sir
DR,,i m not an astrologer..
i wud luv to c it close green..it will b start f
a new phase..
it will be banks or someone else..the leader..
keep guessing..
it will b start f
a new phase..
Yeh F wave kon shi hai manu?
world markets are looking to reverse....
wild swings expected....
wont trade at all till trend is ascertained...
best to stay out
So sir long now?
DR..
trying to learn from shai..an ipm..but hav doubt n it..
i myself asking that close must be n
green as v wr n balanced profile..a whipsaw too..
for waves..ask sir,jazzy,rv..wolfe
if not clear then cum to father f waves "PS"
Sir, with so much wild moves wt would be appropriate SAR for jnsar and conservative long now?
caution :
DMK elections over now may take u turn..
sir and ppl n south nuch be knwing the scene better..
meeting 2dy..
just my doubts cooldent
A close above 5852 @ 3.00PM would be good for bulls.
Break of 5847 for the rest of the day would add to strength.
The range is converging in NF chart with the lower boundary reaching @ 5793NF and the upper boundary @ 5910-15. Decisive moves likely beyond these two lines.
father of waves, kya bhiga ke mara hai
Read the following as: Not Breaking of 5847 for the rest of the day would add to strength.
Bank nifty +ve, IT positive...
What happened to the huge OI in 5800CE..??
Mannu
Sit tight
http://www.youtube.com/watch?v=kovFUWyNB-0&feature=related
ilango sirji, it takes no time for fiis to reverse nthe option scenario
Subah ka bhoola shaam ko waapas aaye toh usey bhoola nahin kehte, toh kya kehte hai???
...NIFTY....
@anil. ha ha ha ha
DR..jane de pai..dukan te munda bhukha wait karda paya hai..
keep that double "N" from my name..
as if nifty double bottom..
sirji fried,
6000 put fried 5800 call fried. is it something i dont
know how to read it.
nse spot above whema
koi dmk ka bataua ..
Sir - one tricky question. Please be honest. Between your Sons and Nifty, who abides by your commands to the letter/number?
(I can visualise a RG:- D:-response. But surprise me!!!)
Stopped exactly at the channel top.
Chart being uploaded.
@ RG,
I have never commanded. I have always followed....following our true ancestral saying that "Children are kept under our custody till they become men".. Both have become men and are friends now.
With family - love
With Nifty - logic.
"A close above 5852 @ 3.00PM would be good for bulls"
Bulls are ordering Bear? Teachers?
that's a lovely one Sir. Thank you. I should have searched my vocabulary better.
Rasam :D
chart uploaded-- where?
Time is less recovery is more
Bulls dont leave it for tom
You can do it
@ Bhageerathi,
In this same post, the Hour chart has been updated @ 3.00PM.
You can do it day after tom also :
Sir, i have sold nifty at 5815 range, please suggest me what to do now?
Oops. what a turn around in an hour..
call
5600 534500 446500 -88000 -16.46% -13.89%
5700 1548450 1574050 25600 1.65% 57.97%
5800 3805600 4770200 964600 25.35% 91.78%
5900 6914500 8213650 1299150 18.79% 40.93%
6000 10034250 9922300 -111950 -1.12% -1.99%
6100 5582050 5641950 59900 1.07% -0.90%
put
5600 7224150 6969300 -254850 -3.53% -2.35%
5700 8474850 8807150 332300 3.92% 0.08%
5800 7271750 7763950 492200 6.77% 0.44%
5900 7184350 6364550 -819800 -11.41% -29.38%
6000 2183900 1814300 -369600 -16.92% -20.28%
6100 135350 94750 -40600 -30.00% -13.78%
NF APR 21315200 22425900 1110700 5.21% 5.93%
NF MAY 6515050 305000 -6210050 -95.32% 104.11%
5900 today?
Not much increase seen in puts, but good reduction in 5700, 5800 & 5900 calls.
LME is planning to shift their HQ in Chennai:)
Manu - I am refusing to comment, since you did not address it to me.
(but what is formality among friends?). Look at DMK this way. Led by one and only of the two Living Bhimshmas of Indian Politics, man who has survived grandfather,mother and Sons is against the DIL. Very good war of attrition going on. CBI drops wife from the chargesheet but includes Daughter. What a bargain? One after one 3G A1's shadows are vanishing. Election results expected to be not too much in favour. The LION will lick its wounds to the grave.
DR:- D:
rg..hi..means sit tight..DR,,whr r u sitting
Sir
In todays TT day low is shown as 5765.
@dinesh k near to 5848 cut ur loss
turnover----
NSE----
cash - 11,250 cr
f&O - 204,000 cr
rollover and nifty turnaround contributed a lot to F&o figures...
In Nifty future there is a low of 5393 today, what a surprise recovery?
Rich 5848 coming kya?
just advised to cut losses as he is on wrong side of the trade:)
@kumar sir. That was DR who bought at 5393
one punter is calling for 5465 very soon :)
we use to lay out traps in far months options :D
Rich & Ashu r expert in this
The day neither belonged to the Bulls nor Bears. It is "The day of the Jackal".
Bye Sir. Bye Friends.
DR bought at the day's Low. Kumarji has capped the Upside for the month. In between poor RG posting....posting...posting.
cya friends se ya 2 morow
Sir..i am taking a contra trade today with 1 short. crossover of 20 period ema over 50 period ema does not seem convincing to me. It seems to be a flattish crossver and 35 HR lag indicator, once it turns below 80 it never goes above 80 again with out touching 20, it may try to touch 80 again but not cross over it.
This is a contrarian call.
@ Rajagopal,
Your commodity levels have SAR, and pivot levels...
What are to be followed...
Please clarify...
Best regards,
C Arnot
C Arnot : Both to be followed if you get it. As such Crude and Silver are above the SAR levels. Meaning if it cuts SAR from above during the day, we initiate Short. For Pivot, if the price crosses it from below (Support) we remain long and vice versa. Silver is moving from S1 66774, and intra longs with target of Pivot 70187 is attempted. Even if not acheived, it maps the direction. Crude crossed Pivot 5011 and hit day high of 5026. Crossing back also it gives 10 to ... points. For me these are good trading mile stones.
@ Rajagopal,
Thanks for your prompt reply.
I am posting this again.
My earlier post did not appear here.
Wonder why?
Best regards,
C Arnot
in my above post it read as: crossover of 20 period ema over 50 period ema in 30 min charts.
Dear Ilango Sir & Blogmates,
As per option data, do u feel that the honors were split? Option Analysis 26-04-2011
Thanks & Regards,
Sanjay Kr Jaiswal
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