WCEma & 200sma are @ 5730-5735 and bearishness continue below this level.
Every intraday bounces will be met with selling pressure unless able to close above 5810.
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...
25 comments:
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Do they unwind the 5700 PE? Let it go 5760 range, we can
get a confirmation.
Sir, Are we on track as per Harpreets Gartley bat??
Good Morning Sir and Friends...
good morning,seniors..
Good Morning ilango sir and friends,
Today's Quote received :
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Ilango sir, Pre market Conservative Trade section suggested short below 5730. I am short at 5720 NF. What should be my SL?
High volume activity at NF 5730-35. Actually the highest after 5785-95. 5836 NF may be the intra SAR for a few hours.
@ Cooldent,
Harpreet should answer that. I have simply posted his views and I do not track these patterns as gartley but as EW.
@ Krishna,
5690-5721-the lows made during the first fall from 6339 is giving the support now.
Manage this trade with ORB-5735 or sell more on rises.
I have suggested to sell below 5730 as well as @ 5765-85 with 5825 as SL.
It needs to be done in phases.
@ Krishna,
Didn't you sell earlier at all..? why today @ 5720NF..??
Fire, 5736F or 5836F
New Post Done.
No sir, I didnt sell earlier, I usually follow the conservative trade section, and keep reading your updates regarding conservative trades. Yesterday, I asked you and you mentioned you'll be updating the conservative chart today....
GA friends
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