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 ...
2 comments:
sir,
does the simultaneous close below dlema and wlema indicate much downside from here?
Namaste Ilango Sir & Blogmates,
(Bearish: Range ultimately broke down and closed just below 5600, will the Bulls rise to the occasion and take control or the Bears will surely take charge...: Option Analysis for 30-10-2012
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Thanks & Regards,
Sanjay Kr Jaiswal
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