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...
12 comments:
Good Afty Master & JN Family,
Busy day.. not able to see markets. Looking now @ charts, seems like Mnthly ABC wave channel has resisted... ,
makes the wave count all the more interesting !
Some serious h.work for the Alt. lables is needed :-)
c u all tomo, g.day
Hi Illango Sir,
Belated wishes for the new year 2013 & also for Sankranti to the JN family. Its great to see some old friends who are contributing everyday with their valuable knowledge but still with the same action.
- Sujatha ma'm still posting & deleting the same.
- Mynac & Shriram & others.
Goddess Lakshmi bless all :)
@master
can we assume that the whole rise 5940-6068 retrace to exactly 61.8% to 5988-5992? and can be reverse tom? as on JNSAR is increasing and it also close above JNSAR.
thanks.
premkt view JNSAR 5988 - not hit still? so a long can be initiated at that point again tom?
http://www.nseindia.com/wap/fii_dii_statistics.htm
FII still buyer in cash in four figures.
Prabhat - hi how r u..beleted greetings... harvesting the market??? yesterday is "shooting star" today is "evening star"??? slowly bears singing "twinkle twinkle little stars"??? this time 5940 breakes OMG 5860 is the stopping looks like (SPOT) after 8th of this month "trading market" anybody waiting for positional has to "apply fevicol" and to sit it seems :P
anmpatel - mm..looks like u too one among them?? :( leave something to chota players like me :-) thanks n advance. by the way me too bught in 4 figures "0000" :D
Namaste Ilango Sir & Blogmates,
Bearish to Neutral: As said yesterday to be cautious with long as SMR was below 10, my hunch came true. “BEARS ARE BACK” in the race, but the BULLS have still not given up...: Option Analysis for 16-01-2013
Dedicated Option Open Interest Blog
Duplicated at Wordpress Site
Thanks & Regards,
Sanjay Kr Jaiswal
Sanjay - yes! bulls will be back tom. and take this mkt to 6150-6200 - looks like a gap up and massive trap for shorts tom.
@janak,
Mungerilal k hasin sapne......
@janak
dil bahelane ko, khayal a6a hai, Galib.
we also wants to see it but thoda dhire dhire, day by day.
thanks for nice words.
GOOD MORNING MASTER AND BLOGMATES
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