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...
33 comments:
Dear Ilango Sir & Blogmates,
OI Table Update at 12:00Noon, VAH:5959, POC-5950, VAL-5943, WVAH:5914, Pivot:5958, R2:5994, VWAP:5995
PE writers in full control, with Nifty Future above 6000, CE writers at 5900 are giving up hope….
Thanks & Regards
Crossing 5950 firm,,,
Reliance Infra: after a protracted (15 days) consolidation, this counter makes a big gain.
Profit booking @6K,,,
GA Sir,
Is there any view on Wipro by someone?
Thanks in advance.
Senate overwhelmingly approved 'fiscal cliff'
U.S Senate Passed crucial Fiscal Cliff bill to in the ratio 89:8 (Supportive for Dollar index).
Rumour becomes news.
When news comes out,,,
@Master,
In above chart ,
you quote 'b' ,so if nifty cross 5965 than b is invalidate???
Master and friends advice on tatamotors..pls
My Dear Sir Ilango
kindly help me understanding the difference between Double Top/Bottom Pattern and Rounding Top/Bottom.
the case in point is the day chart of Divi's Lab.
any reading material that you may have.
thanks and regards.
Sir, is it then Buy the Rumours and Sell the News?
@ Parimal,
http://www.investopedia.com/university/charts/charts4.asp#axzz2GhvGAUFp
http://www.investopedia.com/terms/r/roundingtop.asp#axzz2GhvGAUFp
http://www.investopedia.com/terms/r/roundingbottom.asp#axzz2GhvGAUFp
Any target for Tata Steel?
Thank you Sir
shall go through the same.
Divi's Lab day chart confuses, looks like Double Bottom as well as Rounding Top.
regards
Tisco has broken the Resistance of 436. Next Resistance at 455.
Master can we reenter tatamotor on dips??
Master ilango and friends,
Wish u a very HAPPY and PROFITABLE YEAR 2013 and u always bestow ur love and education on us all.
Regards
☺☺☺☺☺☺+1
BUY ON RUMOR SELL ON NEWS
@ Parimal,
Divi's lab: Consolidating in the range of 1010 to 1200. If holds 1010, it could make another high.
Thanks Sir
price of Divi's Lab is taking support of 200DMA (1024). CMP 1106-7.
@ sudharsan,
TataMotors: If tatamotors is doing a flat correction from its earlier top of "320.75", it fell once to 203 and it is in the final stage of its corrective rise; being a "flat", chances of an irregular flat is possible during which it could make newer highs.
However, risk-reward is lesser now for longs compared to the earlier retracement points of 225 or 245 or 256.
Thank you master
Sir N.F is trading at a very high premium of 55 over the Spot. Is it justified and what does it indicate?
Kindly explain. Thanks
R/Ilango Sir,Namaste n Namaskaar 2 alreader's.Nav -Yug,Nav-prabhat, Su-prabhat. Happy New Year.
@ SANPOT,
I have no idea of the reasons for such a huge premium.
As long as prices are above "High emas", momentum would keep such sentiments.
Dear Ilango Sir & Blogmates,
OI Table Update at 2:00PM, VAH:5959, POC-5950, VAL-5943, WVAH:5914, Pivot:5958, R2:5994, VWAP:6000
6000CE writers are not scared though NF is trading above 6000 for sometime now, downside support getting better with each passing hour…
Thanks & Regards
New Post Done.
Thank you Sir.
Sir I have mailed you the daily chart of HIND.COPPER showing a probable Triple Zig-Zag pattern. Request you to comment on it. Thanks.
a high premium indicates likely up move of Nifty. As Nifty goes up premium will come down due to shorting.
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