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 ...
81 comments:
@Ilango....thank you
Sir ,
Just wondering based on 1=5 , what wud be the probable target of 2 ?
5083 is the gap area and think that 5030-40 is the channel support coincidng with pivot and 21SMA and as you said demand zone .
good rise for day JNSAR by 28 points :))
watching whether today's gap will be held or not.
Morning everyone!
CMP-5DHEMA trading v close to Mean for 1 std Dev tops...
Res Zones on Day candles @ 5145 / 5184
Expanded FLat C has finished min tgt @ 5118...
Now , its time to see if 5145 resists or not to determine the next move
cheers
@sir,
i am unable to see any EE sources...
is it blog problem or what...
@Anilji,
find it @ page bottom
Good Morning Ilango sir and friends.
Happy Trading Monday to all.
cannot do ee today...checked entire page and several others. Nothing ee worth visible
Buyers are trying very much hard to stay in upper territory only in spite of Hrly.overbought condition...So interesting to see that how long it shall stay there...
@Nilesh
i am unable to anything related to EE...
good morning,seniors..
Dear Sir's,what is this EE,,,,Please explain?..thank you
Good morning all! No ee source, gugul bhai is recalculating, whom to send here, hic..:)
My EE sources
1 saibaba photo with shradha saburi
2 Seagull photo
3 god shrirams photo
4 Nilesh patil laughing face
5 Dinesh Rishis big photo
@anilji,
It is below Disclaimer.
last but not least
laughing child photo
Can someone point me to instructions on how to read the trade table?
Google Adsense Program has found "Invalid clicks" in this site and has "disapproved" Ads for this site.
Extreme enthusiasm.
We'll find a way to exchange energies.
Hitendra
http://tradeinniftyonly.blogspot.in/2009/12/nifty-techanalysis-file-explained-1.html
When Nifty is staying above 5100 and looks,wants to go further up,instead of addition,good 2.50 lac intra reduction in 5000 PE is there...
@Mynac
Thank you for your early warning system...very
effective...please continue your invaluable inputs
@Master,
But i done in the morning @ bottom of the blog.
Hitendra
Plz refer Point No 8 given @ Rt col of this blog
Always Start Trading with these
1. Trending or Sideways.?
2. Pivot, support & Resistance
3. ORB
4. Divergences + / -
5. Trade time cycle-Min/Hr/Day
6. SAR signals.
7. Trading Discipline
8. Tech. Table Reading.
Dear Indus,from 4770 to 5124 in just 5 days.So watching eagerly whether it is just usual technical pull back or something else ?
Nilesh Patil
I think you are using chrome, its for chrome
@DR sir,
Yes i m using google crome.
Master!
I have seen in some blogs, they have online donations, where people willing can donate online .
Have you ever though about it, do you think it is a better way to exchange energy directly?
If this idea is not correct or does not suit your style , please ignore :) :)
Dear Indus
The dominant player (Bulls @ present)used to keep cushion,in case market starts to act in their opposite direction...Considering 4980 as good support from here...@ present bulls have kept that cushion bet. 2.5 to 3% successfully.i.e. 4980 + 3% = 5130... Today's top is much closer to that 5130... so "if" in-case any profit booking shall be there then it would be up to only 4980 in present condition is layman's understanding...
good morning sir and all friends.
11.00AM TT Updated.
@Mynac...many thanks
@Ilango...table does not reflect the update
Cooldent - Thanks
e trade table guidelines and not the tech. table.
Ilango sir table does not reflect the update
mynac - that's it..mm.. another 34 ema is sitting and watching + 89 ema too :) but another -40pnts from ur level too cushion
PS : Anybody following 89 EMA "in TRENDING MARKET" if not watchout this time and enjoy
@master
seems chart not treated.
And when Hrly.tech table is not that much supportive for "huge" upside from here,huge 9 lac addition in 5100 PE is surprising...But when Nifty is trading above not only DHEMA but even Hrly.HEMA still any thing is possible here... so afternoon session shall be interesting...
Sir is there negative divergence on 9 and 14hr rsi?
@master
read up dated. sorry.
good proposal by chetas.
it's true - loan can't be repaid to teacher.
but something could be contributed as a token for
respect from heart.
@ Sujata sis,
89 EMA of what time frame.
@ maynac
put writing means? is it buy or sell?
Sujata amma ki jai ho,
EMAnew =EMA(old) x(1-k) + CMPxk
for 89 EMA, k= 2/90 = 0.022 (or only 2.2% wgtage to Current price)
Old EMA gets 98% wgtage !!
My obsv: Beyond 34, the EMAs becoem STATIC for Trailing Purpose
54, 89, 144 , 200 DSMA, DEMA is more useful to find LONG TERM RES or SUPPORTS
Now use this info to ur advtg :-)
@Sujatasis,
Timeframe for this 89 ema pls?
Dear Sujatha,
Your 5-34 EMA is coming closer to 5100 and Bulls are trying very much hard to run away and up only from it :)Let us see how much and how long they shall be succeed in it :)
india VIX too up near 1.6%with nifty up near 50pts???
any clues
@ cooldent ,
If it is "3rd wave", hour -ve div would not have much damage on the prices.
Dear NOBLE,
Buying...Favor Bulls...
@ maynac
thanks a lot
Good morning Master & JN family
@Master
I suppose we are in wave C of a larger corrective pattern, with wave A starting in Dec 2011 around 4530 levels and ending in Feb 2012 around 5630, and the internal structure was not clear because it was a very rapid and dynamic rise. Now by applying the rule of alternation if wave A was a straight line move (almost) wave C will be a more gradual and clearly subdivided move, so I believe we should get a clear 3 wave, wave 2 pullback to this recent sharp wave 1 before we start the wave 3 of C.
Sis
http://www.youtube.com/watch?v=r0uMHAliqjo
@ Julius sir
Sir, I have put stop loss buying order for Minifty at 5022 Cam buy level, my buy triggered but Nifty has stopped at 5121.95 and did not trigger buy, can I wait with 20 pts. stop loss or exit now ?
Thanks in advance
Camarilla Intraday - Trade1 - STATUS
Nifty Futures - Scenario 2
H4 5122[BUY] - Triggered with 20pts SL.
*Part Booking 20pts to 30pts. Trail Remaining is our approach.
hari
dont worry be happy
@Nobel
Buying Calls or Writing Puts - Bullish
Buying Puts or Writing Calls - Bearish
@Mynac
How are you?
mynac...5100-200 PE addition and very significant 5100-200 CE addtion says 5200 on the cards...
discount sale over
@ Cooldent
Thank you sir
@Mr.Hari_Hyderabad ,
Triggered in MINIFTY
need to trigger in NIFTYFUT.
If u have entered in MINI hold it with 20pts SL.
If u wait to enter in NF you can enter when it
trigger.
Personally I entered Long with 20pts SL.
Seems like intra day fast rise/fall building up...
price shud move either way to avoid that.
30min candle supports @ 5049 & 34EMA @ 5028
Day TA :Res @ 5145 ...
Nifty needs to decide between CEILING & FLOOR this week
DR bhai --> PT ko kya khilane ka plan kiya is hafte ?? ;-)
5 more Queries in Messenger!
As Opening Range & CAM H4 is Near.
I entered before 2pts H4.
Sorry for the confusions.
Those who didn't enter wait for 5122 in NIFTYFUT.
Good Luck
Dear Aniruddha Deshpande,
GM,I am as usual... :) and how are you? Pl.do visit here... because we like to see smiling faces here...:)
Mynac,
since the 5100pe had negligible OI this kind of addition is normal.
my knowledge of Option suggests cooling off here since theres reduction in 5000pe and below and at the same time writing of 5100CE and above which already have good amt of OI. This suggests that the call writers are having their conviction intact and are trying to build additional positions at a better premium.
regards
Dear Shriram,
"Nifty needs to decide between CEILING & FLOOR this week
"
Below lintel level it would like to check flooring level i.e. how many offsets are there in flooring :) and above lintel level it will finish it's final finishing work for ceiling.:)
hahahah...mynac mast ahe, maja aaali !
Pan, apuli bldg padhaychi ahe ki ajun varti bandkaam baaki aahe ?? ;-D
Dear SJkolkata,
considering Developing Day & hrly tech table it is challenging.. for "bulls" is understanding here.Nevertheless,when it is trading above both HEMA's,Bears will have wait and watch.They cannot do any thing...
Google Adsense Program has found "Invalid clicks" in this site and has "disapproved" Ads for this site
Dear Ilango sir, If some one click many times on an add, google block the site for add...
so some one be careful on EE.........
Dear shriram,
It looks,Already Full TDR (transfer of development rights) is almost consumed here.Nevertheless Builder wants to add one more floor nevertheless,it shall be interesting to watch here whether he will get completion certificate for the same?
Mynac,
Agreed, But 1 interesting thing is that there is reduction in 5000PE which is highly surprising cause its Out of Money and put writers should have no hesitation building position thr. But contrary to this there is reduction of OI.
Interesting to see what happens ahead.
Regards
WOW, Nifty in premium for the first time in the series.
@Mynac
Sure, you will see me here.
the 5m ema ( 5119) becomes quite crucical here. breaking above wud open up much upsides.
But bears wud definitely not like the month to become bullish.
rajan
New Post Done.
mynac,
EW says, penthouse hgt shud be limited to 4995+129 = 5124 ;-)
the 5m ema ( 5119) becomes quite crucical here. breaking above wud open up much upsides.
But bears wud definitely not like the month to become bullish.
rajan
Time to bounce, All Europe future's up by 2-3%.
Camarilla Intraday - Trade1 - STATUS
Nifty Futures - Scenario 2
H4 5122[BUY] - Triggered in NIFTYFUT & MIINIFTY with 20pts SL.
#SORRY for previous 0.05 confusions, As I shared
my real entry it happened. Will avoid such
confusions in future.
*Part Booking 20pts to 30pts. Trail Remaining is our approach.
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