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...
17 comments:
Prayers for your Mom and wish her a speedy recovery
@All
Time for subba to show who is the boss to chiddu for not appointing gokarn for additional term.
Merc
Very scary "heading" sir...am staying away from "positional trading" for sometime :)
Donno which planet is going to rule "subbu;s tongue"
prayers for speedy recovery for mother.
Dear ilango sir,
I too pray for your mother's speedy recovery
Infy: day chart is making an ascending triangle, consolidating since big rise on result days.
Chiddu tries to over-smart everyone else, delivering very less and speaking softly. he tries to control Subbu. Subbu goes by strict norms. financial mess is a product of congress (read gandhi family) mass lethergy, and they want Subbu to mend it, and Subbu does not like this.
Sis
ur staying away from positional :(
normally day trader becomes positional
when your short term trade fails and it becomes your long term investment.
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now we will not give you entry
till green
(iii) 6300
and
(5) above 6400
:D
but before primary trend reversal and in its last leg once
Price breaks upper line of channel
DOW theory has ___ Principles
what is 7th principle.
DR - ji - do u think from here it will go straightly to 6300/400 without any hiccups?? i can't play in grinding market as "playing option" side (depends upon mkt move)..will try to catch somewhere comfortable area.. NF today closed exactly @ 50% fibo level + 6066 too is my monthly impt. figure.. sts showing upside as per daily chart + MACD showing +ve div. (SPOT) will send u chart..correct me i prepared for this week let me try to catch the next series
trading only as per weekly/monthly..(watching only the NF level) closing then & then as per FIBO..6074 NF is pakka hurdle as per cam and FIBO. breakout means am expecting 109/134/172. what i am doing is if i missed my long will wait for the exact nos (as per mine) short fully and cover @ retracement level exactly will not wait for any specific target. this is becoz of my time schedule. getting more time to concentrate on my personal work becoz of this. profit too showing consistency.
onceagain tks for ur guidance. by the wat is the 7th principle??? leak it for this lazy bone :)
Sis
Mkt runs on liquidy
mkt is not bound by an rules
4get fibbo shibbo
5% 10% 25% 50% 75 % 100 %
works better than fibbo cos all
all mkt bosses in NSE and their sons are least bother about fibbo
Dear sir,
Wishing for your mother's speedy recovery.
regards
v.vijayakumar
DR - ji - do u think from here it will go straightly to 6300/400 without any hiccups??
"stock market does most obvious in least obvious way" Dinesh Rishi
Jesse Livermore:-
"The reason is that a man may see straight and clearly and yet become impatient or doubtful when the market takes its time about doing as he figured it must do. That is why so many men in Wall Street, who are not at all in the sucker class, not even in the third grade, nevertheless lose money. The market does not beat them. They beat themselves, because though they have brains they cannot sit tight."
The first wave in Elliott Theory is Wave 1.The length of Wave 1 is used for predicting the length
of other waves with the help of Fibonacci retracements and ratios. Hence each wave is related
to some other wave in terms of Fibonacci ratio or retracement and these relationships are
known as Fibonacci relationship. These relationships are not rules but guidelines in estimating
length of the other waves
Good Eve..
Jan NF O.I.hardly 1.09 Cr.
Considering "eventful day", today's Feb NF addition up to 20 lac looks quite helpful addition for Nifty to show higher top.
Tomorrow,if, a slightly friendly policy shall be there,then also Nifty likely to zoom only up and up cause Bulls have already prepared ground with the addition over 6 lac in Jan 6100 PE,as well as closed beyond Bears territory,which would be hidden indication of the possible move...
Means all N all trading above 6125 would be free license for Bulls to go up to 6250 up to this month end is assumption...i.e.6100 + 2.5% = 6250
Let us see...
Nifty made a sell signal. and holding sell with negative divergence macd on daily charts.. expecting 6200-3000 is slightly danger and too much optimistic...
consolidation to 5900-5800 may happen and based on velocity of fall further path can be calculated...
Sir,I pray for your mother's
speedy recovery.
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