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...
23 comments:
Goodafternoon sir
Came to know the "sad news" thro Kumar sir. Due to hectic domestic schedule am out of net. My condolences to your family members. My sincere prayers to the "athma"
கருத்தொடு நலங்கோடி தந்தனையம்மா
கடன் சுமை என்னிடத்தே மிகுந்து மிகுந்து
உறுத்துகிற பான்மை தீர பதிலெதுவோ
ஒன்றினுக்கு ஒன்றேனும் உவந்து உவந்து
பொறுத்தமொடு தீர்த்திட முடிந்திடிமோ
பொற்பாத மலரடிகள் பணிந்து பணிந்து
உறுக்கமொடு தொழுவதல்லால் ஒன்ற்றியேன்
அன்னையே பணிந்து பணிந்து வணங்குகின்றேன்
Thank you Master..
Namasthe ilango sir,
Please accept my heartfelf condolences on the sad demise of your mother.
May Almighty bless peace to Amma's soul and enough strength to you and family members to bear this loss.
As I was out of country could not post in time.
5953-57 is crucial res range now
bulls will be back abv 5958 only
cmp 5949
expecting a lower low towards 5930 levels and then an upmove towards eod
Sir, Welcome back.
Today's quote received :
"Neither fire nor wind,
Neither birth nor death
can erase our good deeds."
~Lord Buddha.
Everything is in the god’s Hands.
You are His tool, for His use as He pleases.
Grasp ‘All Is His’ to be free from all burden.
Surrender to Him, none will seem alien.
All will be your very own Self.
Hourly charts now in the Hora of Saturn. Be cautious.
Wait for good entry points. There is no hurry. Markets will always be there...
Hari Om
NIFTY99
Wait for good entry points.
Entry point level?
wait for SL kept at day low be triggered and enter at ATR buy zone maintainiNg ATR SL
Living Grit...our Guru.
Vivekananda would be proud of you, Sir.
How many were able to manage trade without JN site? the success of this mission of Sir is, for us to become independent.
@Hitendra
On this Forum...JN worksheets give you a good idea of entry points.
Whether to then go Long or Short is based on your own understanding of Trends...
Trade Safe...
Om
What is going on Tata Steel?
Result on FEB'13th.
Midcap near 2 day's back low.
Down by about +150 points
Notice how Nifty has been resisted @ 21 Hr sma since the first sharp fall from 6112 to 6042.
Hence, any strength would return on a move above 21 hr sma(presently 5963); thereafter the resistance @ 34 hr sma(5980-85)
Dear Sir,
Nifty is below hourly, daily, developing wkly JNSAR level.
U r quite confident "Sell on rise", well in advance before RBI POLICY.
Nifty never seen that level 6112 post RBI policy.
Is there any major reversal pattern developing?
Dear master ,
by any chance did we finished 5 at 5930
Nifty channel support comes around 5920(+/-5-10pts) and a 5-waves may get completed.(Remember the risk of labeling ST waves)
There was an "evening star reversal pattern" in weekly. What does not go with technicals is the "FII's data" and the high 5900PE OI.
With a move above 5953, "5 waves down completion" would get more relevance.
Dear Sir,
u r 100% right.
It's an importance to be seen,
whether technicals are strong enough against FII.
I think there is not a single in this year so far, when FII were net sellers.
And Nifty is near close of 31/12/12(5905).
@ sir,
uptill no close above dlema than we has to ride
a short?
dear master i understand 5953 is completion point of wave 4... or is there any other reason for mentioning 5953
Please read as end of wave1 from top
i think the trend go down and touch below 5930 level.
stock future, nifty future tips today
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