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...
5 comments:
By fibonacci
nifty close below INR 5907 and SR 5927, but as i told fast move from 5857.
sir,
my calculation is indicating that ns may dip towards 5808-10(5795 is the ultimate low if comes) levels next week and then a strong upmove may come towards 6022 levels and then again a dip towards 5941ns levels
sir, is it matching with EW analysis any other analysis????
Namaste Ilango Sir & Blogmates,
Bearish: Bears are just dominating the proceedings with 6000 levels looking like a huge resistance right now. The PE writers have started to lose its foothold at 5900E level with huge liquidation, it’s now or never for the Bulls..: Option Analysis for 15-02-2013
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Thanks & Regards,
Sanjay Kr Jaiswal
STOCK4- ofcourse if close below 5839 that's possible. but the way nifty bounced within 10 mins in the noon session, i had doubt Is FM whispered something on "nifty's ears"??? :D and so as Nifty futures too i am seeing slow stoch hidden +ve div (i may be wrong). i am follower of 89 EMA for midterm/long term. now nifty exactly bounced from there. am alert with bulls/bears both. it's better to be a "typical trader" upto budget..pocket something and leave the mkt is good.
PS : I am carefully catching the "(nifty) sword" of tipusultan :P and playing. :)
Nifty sell on rise till 6000 levels are breached...
Buy on dips till 5823 breached...
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