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...
16 comments:
@Master,
Is there Wage forming within the wage?
@ Nilesh Patil,
Until a drop below "6048" or a decisive move above 6135 happens , we'll continue to see this "tug of war"...
Even when that happens, one must be prepared for "whipsaws".
These are some of the "uncertainties of market", one needs to patiently see it through.
Thanks Master
Finally Nifty coming to premarket range.
1.00PM TT & Chart Updated.
@Master: What is the blue colored line value?
Good afternoon Ilango Sir and all the Blogmates!
@ rajapvt,
The first support line comes around "6047-6057" zone.(34 Hr sma)
Thanks Master.
@ Master
Goodafternoon to you and all friends.
What is the significance of the red color triangle just made ?
13 points premium in 6000CE, 15 points premium in NF, 18 points premium in 6000PE, OI of NF < 1.5Cr.
6101.30 to 6067.70
0.236% 6075
0.38 6081
0.50 6085
Sir does it seem like a 5 wave decline...please confirm & guide. Thank you
tested the channel bottom @ 6065
strength above 6087
What does the RED "5" indicate?
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