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 ... -
Will not be available to intra update . Suggest one of our readers to update on DHEma-HHEma-HCEma & HLEma for possible support points fo...
39 comments:
Of late people have started taking things personal which is not good in learning place
Dear Sir and Blogmates,
The OI Picture at 12 Noon is as follows;
5500PE added a huge 13 lacs
5600PE added a whopping 26 lacs (Could be some buying also)
5600CE added a miniscule 2.6 lacs and
5700CE added a huge 18 lacs
5600CE now at 79lacs and 5600PE at 86 lacs
Most probably the fight is for 5600 level
Thanks & Regards
Dear ,, vote4LDF
I am long my s.loss 5560 below that only i wll short & raise s.loss with pride rise
@ Sanjay,
It implies a "possibility towards 5659(MEma) or 5700(the channel res.)", provided 5525 holds.
pride = prise
good afternoon all - nifty charts have been updated
good luck !
Sir,
Sakku bittu bidi sir..thumba melandhu nodlikke baya agathe :) :)
it may be a possibility
6339-6281=158
6181-5944=237 (237-158=79)
5944-(237+79)=5628
so the next top may be 5628..after that deeper fall is a possibility..
bhaya padabeda sis :D
Hi. dear sir, Ilango
how r u sir? many long time i come here? wish all blogmates r well also.
Sir, what r u doing in nifty now likes we going forward to end near of wave3 complete?
regads,
Alpesh
DR - :) :) babre.. :P almost done monthly 61% fibo retracement from the low then what else is pending :P very scary to hold
seniors, plz confirm..any -ve divergence in 5 min chart?
Nation is furious over black money, Ramdevji asks for banning Rs 1000 notes. GoI removes 25ps coins #DoTheOpposite Understand the intentions
@sreyo
There are -ve divergences, in Hourly as well 5 min
timeframes, but awaiting price comfirmation,also it
may consolidate time wise, rather than price wise correction...
Hi..Alpesh,
How are you..? EW possibilities have been put up on the charts here as well as in EOD, Pre-market's posts.
@ Sreyo,
There are -ve divergences in both 5 min & Hour.
thanx anil ji
Saari kayanat aa jati hain hourly closing ke time pe,
tab tak sab sote hain kya...
ns makes new high but not nf will buy for some points intraday if nf goes above 5607
thanx sir.
Nifty Cash lvl projected bySam in wkly analysis
is achieved.i.e. 5604.
Wish further comments by him & srs for further trend.
To me, next up move will be on sustainance of 5610
for atleast 30 min.
can short below 5581 nf and buy above 5607 nf very tight
range
nifty still trending up strongly after 400 points rally shows the strength of the rally
Jay ,, now reliance i am watching ,, if cross 884 nifty is more happy
broadening pattern of todays 5 minute chart,
probability of dn move
jay shah - the way markets have gone up, although the indicators are getting stronger day by day, so can not rule out the possibility of a surprise correction to trap the over the bulls??
by the way why i am mostly with Non-technical matters?? hope DR-ji will answer to my "Q" :)
sir,
ur green labeling of A at 5196 probably means one set of
5 waves 5944-5196 marked as A. the abc structure from
5605-5196 what does that mean?
The vote on the package of austerity measures is due in the Greek parliament this afternoon
http://www.bbc.co.uk/news/business-13954989
If not passed, Greece will default.
jay - forgot 5707 is the resistance line from 6338 & 6181 right?? again 100 pnts move from here??? :P :P too badddddd :(
Sujatha
5708 also coincides with a 61.8% retracement of the fall from 5944 to 5328..
5636 though is the 50% retracement of the same.. and hence needs to be crossed first.
@ PS,
6339 to 5177 was a clear "abc" and 5177 to 5944 was again a clear "abc".
Now, the 5944 to 5196 could be labelled as "abc" or "12345" or 1 done & 2 is on or "A" done and "B" is on. It is the "Tricky point" in the entire correction.
6339 to 5196 could also be labelled as "abcde".
Hence, combining TA & TT is essential at this juncture till more clarity emerges.
Dont worry bears. The result season will be there soon.
Its been the trend end of the quater pump it up and then the results come then dump it down.
thank u sir,
out of possiblities u listed one abcde wud be slightly
less probable bcos a<c (unlike ending diagonal). may be
we need to go one level up from 2008 what is the
correction like to ascertain subwaves.
but u pointed many possiblities few of which never
occured to me.
i think 5600 will b taken out decisively on friday
All who are interested in WW pls check just nifty
google group where I posted some interesting WW
charts at this 5600 level.
New Post Done.
sujatha maam and brijsolution thank you both for your views
Ilango sir,
can i shot here nifty
THANK U
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