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 ...
37 comments:
bifty confusing everybody including me...looking overbrought
in hrly and comming out of oversold in daily
Ilango Sir,
you mean overbought?
@ Master
Is this overbought or oversold ?
Pl.specify.
Dear Gurudev Ilango
please Increasing image resolution/dimension at stock wealth
I Hardly able to read the image
im really sorry for complaining.
Thanks!
ilango sir,
If it is not trouble some, can we have screen print image on some other website.
OR you can keep all images in a single tar or a zip file and upload it on 4shared.
You can just paste URL in your green posts..
Just like actual TA file. it can be loaded once in a day.
@Bhushan & @Kiran
You can "click" on the image on this website; then,
automatically enlarged images will appear on the screen.
You view them easily/or copy & paste on to a MS Word document.
Namaste Ilango Sir & Blogmates,
Neutral: A pause day with Nifty holding on to gains from previous day, PE Writers making merry...; Option Analysis for 29-05-2012
Dedicated Option Open Interest Blog
Duplicated at Wordpress Site
Thanks & Regards,
Sanjay Kr Jaiswal
there is something to do, click on imeg and save it,or download it
after open with imege editer and enlarge it
my problem is solved
@mridul,we got to see whether OB hour corrects it self
without causing damage to NASCENT DAY TREND.nifty
CLOSING BELOW WEEK ema AND ABOVE dhema .interesting day ahead,
Good Evening all,
The euro turns sharply lower, falling under the $1.25
level, after reports that Egan Jones has downgraded
Spain's credit rating.
The euro fell to $1.2482, near its lowest in almost
two years.
lady luck smiles for power trader let us see.
Ilango sir ji daly candle showing evening star and 5ema crosed 20ema badly..seems basket selling a hand..?market is over bought zone, fiis net seller in equty cash segment
On Day TA, 5-10DEMA Bull x-over is in place.
5DEMA is UP & will reverse direction on EOD close < 4948
34EMA,30mins supports comes in @ 4969
30mins candle supports @ 4961 / 4955
Day Candle supports @ 4955
Summary: Nifty is Bullish as long as we stay > 4947 EOD basis. First hint of weakness would be if we trade on hlf hrly TA < 4961
Bull Tgts: 5070 / 5145
cheers
NR7 setup formed
Tomorrow 5030/4970 are important
levels as per NR7.
Apart from the Market:
Just finished reading "THE MAGIC" by Rhonda Byrne.
Excellent book. Life time good collection after
"THE SECRET" & "THE POWER" by the same author.
*//Those who have chance to Read these Books is
a Blessed Soul!//*
If camrilla break level 4 wht to do? Or if not then?
Good Morning All
Sir, TT file not updated.
Master ilango, good morning to all
Master where r u toddays file not updated.
☺☺
Master,
Didn't feel like having breakfast without seeing your morning analysis.
:(
Regards
Namaste beloved Master and all good friends
May Lord bless us all with good health and prosperity
Have a nice trading day
Good Morning Sir and Warriors
good morning sir and all friends.
@ julius
NR7 setup formed
Tomorrow 5030/4970 are important
levels as per NR7.
pl explain the NR7 ,
where from can we get the magic and the power ,
gm every body
Good Morning Master & Friends
Now Spain is going to be "Pain" for markets! Keep close watch on sPAIN country, as lot of -ve news started coming now a days!!!
No premarket update?? Hope Sir is fine
Good Morning Respected Mr.Illango, My Beloved Master Mr.Dinesh Rishi & All Blogmates, Have a Prosperous Day.
Good Morning Sir and dear Blog-mates.
Hi Julius sir,
What a coincidence I am reading The Power right now.
Camarilla Key Levels - Nifty Spot
H4 5011
H3 5001
L3 4980
L4 4969
@Mr.Yash and Dhan,
Great to hear.
:)
Navtash,
Refer to http://www.thepatternsite.com/nr7.html for NR7 details.
K7,
Just to add something to "Spain". It was expected all the time, Spanish people are one of the laziest people in world. All they want to do (and they actually do) is Drink and watch football. (This happens in Normal middle class).
@Mr.Sultan,
All the Scenarios well explained by Mr.Illango
in previous post. Go to the Label CAMARILLA.
@Mr.navtash,
The Day's Range(High-Low) lowest in 7days called as
NR7. Previous Day High & Low has important role in
further movements.
If you google NR7 you can get more links & strategies
to trade. Good Luck.
tt updated
New Post Done.
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