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...
8 comments:
Dear Ilango sir , Shradha Saburi and All,
Observations on JNSAR and J10SAR
Since May when uptrend started from 4770,
Top is in : Day JNSAR crosses Day J10SAR on upside on Day TF (Intermediate top during the uptrend - EW1, EW3 etc)
For tomorrow too, we have JNSAR > J10SAR will have to see if it becomes true in coming days.
Bottom is in : + or - 1 day , Day JNSAR crosses Day J10SAR on downside on Day TF (Intermediate low during the downtrend - EW2, EW4 etc)
Raghavendra
Namaste Ilango Sir & Blogmates,
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Sanjay Kr Jaiswal
Dear Raghavendra,
Very valid observation..
Thanks.
Dear Raghavendraji,
Please make it more clear to people like us who are novice. What we mean by Top is in and bottom is in.
Vishnu,
Bottom is in :
Example 1 : When Nifty made initial bottom @ 4789 on May 18, observe JNSAR and J10SAR values on May 17, May 18, May 21st here
http://tradeinniftyonly.blogspot.in/2012/05/nifty-intraday-update-iii_21.html
Example 2 : When Nifty made a bottom @5216 on 5th September, observe JNSAR and J10SAR values from 4th ,5th , 6th, and 7th Sep here
http://tradeinniftyonly.blogspot.in/2012/09/nifty-intraday-update-iii_6.html
http://tradeinniftyonly.blogspot.in/2012/09/nifty-intraday-update-iii_7.html
Top is in :
Example : When Nifty made a top @5815 on 5th October, observe JNSAR and J10SAR values on 4th, 5th and 8th October values here
http://tradeinniftyonly.blogspot.in/2012/10/nifty-intraday-update-iii_5.html
Raghavendra
Vishnu,
Another example of Top is in :
Nifty makes a high of 5449 on Aug 24th, Observe JNSAR and J10SAR values on 22nd, 23rd, 24th and 27th August here
http://tradeinniftyonly.blogspot.in/2012/08/nifty-ends-week-with-higher-tf-firm.html
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