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 ... -
Trading strategy that works wonders besides the supports & Resistance is " Retracement strategy ": The strategy that has wor... -
If the steady FIIs inflow reflects in the prices, 5405 should be protected going ahead and market may encounter minor corrections and keep m...
37 comments:
there is a link on right side of nifty direct dot com. if u click on it and go to market gyaan nice
articles r there
GM to master & all seniors & friends.
@Master: Did JNSAR long trigger @4701?
Namaste Ilango Sir and JN Family
sir,
pls check posted comment twice went to spam both times..
@Prabhat... Why this question ?
HHEma-HLEma trade started yesterday at 4632 still
long. Partial profits taken at 4720. HLEma at 4660.
Minimum 28 pts profit.
@ PS,
It is a paid service site.
I suggest you to download the important docs and give the links.
I went thru' them, there isn't anything new.
@Sam: Since I am not JNSAR long @4701 is inclusive of the 20 pt filter or not.
Can you pls update? Also, since master mentioned that nifty is on a sell on rises, I am not sure to go long @4701 levels or short @4725-50 levels.
Master, can you pls clarify? Sorry, if I have not followed something.
GOOD MORNING ALL
Correction - "since I am not sure .. "
golf dude,
I have also started trading the HHEMA and HLEMA setups. Thanks for showing it
@Prabhat Just read master's Comment in the end of previous
page.
golfdude,
please can u tell more about ur trading statergy
i mean ur entry and exit with s/l.
HITENDRA,
What made you suggest *not* to buy whern jnsar was crossed??? I got influenced by you. It has now turned out to be a living Hell trying to interchange to Long.
From experience, these sort of correctionless rallies is always followed by severe selling.
@PS Which site you are talking about...Sorry to jump..
in between.
Good Morning Everybody!
JNSAR is pure STOP & REVERSE method & has its own exclusive qualification so it should not be clubbed with other method, its my understanding...rest Master will tell better about it.
Rgrds,
Kumar
sir,
i am not related to the site anyway. they are simple articles. i came across while doing my
ee. and have briefly gone thru only one. i posted because few wud develop habit of
ee
@Hitendra don't give such comments... as many silent readers
are there which get influenced by such openions...
Many times Master has told this... still why you gave
such direct opinion ... "Don't buy"... you can give your
analysis... and leave it to the readers to act on it.
@sam,
if it'll do any good sir will repost my msg
else forget it will mail u..
This may be big X, I talked yesterday.
So if we take
6339-5200 a
5200-5940 b
5940-5200 c
5200-5740 x
5740-4730 a
4730-5380 b
5380-4531 c
then probably abcxabc, that means W completed. Now we may have
big X starting.
which can last till may 2012.
Also If 2012 has to be bearish year then first it need to set the
high of the year before setting low. So it may be intra-year rally
which happens at the beginning of the year retracing 50-61.8% move
of 6339-4531.
Therefore be cautious before going short.
Thanks Pankaj... I will be cautious ... :D
Good Morning Master and copy to All
Thanks Pankaj... I will be cautious ... 2
I will appreciate Pankaj ji
whatsoever we say but he
never misbehaves with anybody :D
Good Morning Master and all :)
Wish you all a very Happy and Profitable New Year :)
@Dinesh,
Trade when hourly close above HHEma ( long )
or when hourly close below HLEma ( short ).
SL is when the next trade gets initiated in the
other direction OR H-5Ema or your money management
rules.
Average HHEma-HLEma difference is around 30pts. So
that can also be used as a SL.
thanx golfdude
Dear Sanjay,
Thanks for O.I. update.
From your table, Huge writing @ 4700 PE suggesting strong support here now @ 4700 for nifty & addition in 4900 CE suggesting Nifty wants to travel in that direction…
@golfdude
How do you handle Gap Up/Gap Down ?
SIr and senior traders my request is for J10SAR we are use inf
10 dsma what if we use 10dwma instead of sma
Sir;
GM,
@Pankajji
Going by the range you have posted is 5160 a proportionate range we can expect? what would be the time frame?
joe
plot all on chart and do visual analysis :D
I dont think it should take this much time
for visual analysis :(
dinesh ji,
what parameters/indicators/oscillators to be viewed for visual analysis
@Bhavan,
Whatever target is, if it is X, It may straight away go to
the target before any one catches the train (very fast bullet train)
. But thereafter correction may not happen for quite a bit of time till
everyone gets in with long position or trapped.
New Post Done.
Visual Analysis
A form of analysis that utilizes charts and
market indicators to determine market direction.
It depends on which indicator/oscillator you are using
then come parameter part.
Today Lethargy has become a luxury ... Nifty bus upar aake
ek dum mast aaraam kar rahi hain :)
It was a awe-inspiring post and it has a significant meaning and thanks for sharing the information.Would love to read your next post too...... Free Share Tips .Please Give ur opinion about technical analysis of stock market ?
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