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...
31 comments:
Jnsar Favouring bear also lead indicator
--> back
yes S4S :
holding DloEMA, a bounce is quite possible, good risk-rewards for entry now, tks
JNSAR Short initiated, falling knife, holding stoploss is safe. Ofcourse, expect whipsaws as mentioned by Master.
Samona ji & DR ji
Sorry ji :-)
I deleted my comments.
its ok janakji, we are all on a learning curve with Ilango ji and not to pull each other.
Sir,
when the red 5 gets a clear confirmation
MidCap index lost 150 points from top Today.
8554 to 8398...
Parimalji,
is it negative divergence in wipro?
@S4S and Shiram,
Please ab new support mat lana
Verna sub point SL me chale jayendge
whenever ns made a higher high it corrected towards 34ema in daily charts and then again moved up for higher highs
its possible again may repeat the same and test 5988 levels and then may move up for higher highs towards expiry
RBI policy can be trigger
@ rajapvt i am also short on JNSAR
Shriram,
if 6102 was c( green ) then d doing abc, targeting 6011 (80%) , correct?
SAMONA ji
thanks for sending me the screen shot
but I dont use ami or AFLs so cnt make out anything
posted on JN group for experts comments
@BSN: Please use proper stoploss as per JNSAR rules.
Hi Chetas,
yes 71% is done na... so "d" done seems possible,wid "e" up to follow
Nifty touched ND Sir's ATR Buy zone and now bouncing off that level
Arjun & S4S: Tata steel +WW. Check and confirm.
6000 CE OI loosing, 5900 CE OI increasing.
HUL may close at day's high if holds 460.
Hi Shriram,
thankyou.
what i am doubtful of is, in such a over bought condition and negative divergences, we have JNSAr trigger , why no one is considering the Red 5 done at 6101,,
i just feel so confused, feels like just to watch the match, after Subbu thinks will be clear na
( made money today shorting :)))
Now Nifty 25 points up from ATR Buy zone.
Hi Chetas,
For all days of moon & sun :
Low freQ Filter --> trend following
hi freQ Filter --> Corrective identification
bas , mix this wid EW & Wolfe & u have it made :-)
Sir, 6060 NS (6040+ 20 pts filter) shud be stop for JNSAR short ?
half hour candle flying like kite in sky.
Nifty trading above all hrly EMA.
@abhi sorry for interruption
jnsar short sl should be 6052
anmpatel,
Thanks. But will carry over :). Let see what first hour does tomorrow :)
What happened to BN there?
another wipsaw , another Hanging Man
@Abhi
as you wish but JNSAR is god for strict JNSAR traders...as on closing basis also nifty closed above todays JNSAR...be carefull. all the best.
It is very clear market will not be allowed to dip in this series. The BN spurt without any news is just for that.
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