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...
27 comments:
hello friends,
since morning in hrly charts stochRSI is 0, so nifty may tough 5866(LBB decreasing means lower range is expanding) if bulls not try hard? and in daily charts stochRSI crossing below 50 so may see 5836(LBB) but still day stoch is not -ve cross so can not confirm. today HAopen-high same 5930, so below it weakness persist. running hour HAopen-high 5901.
looking to weekly chart 21wema is 5817!!!!JNSAR is short and its trend is also down-flat!
thanks.
Shriram Transport Finance: takes a cut of 7%.
sir 5886 broken what next level ?
@ Amol Sharma,
Nifty did a small triangle and broken down;
Triangle ht is 5886-5900=14 points.
5886-14=5872.
If Nifty does not hold "5872"(approx), fall is likely to be deeper.
Bears recover entire Elder Ray momentum lost yesterday.
sam - mera :5873' SL :( :( if bounce OK before 2 pm closing or else govinda to 858/831?? 2 pm close may be drag to 893??
Thank You Sir,
Burp - Sis's SL eaten
http://www.zaixian-fanyi.com/images/BURP.png
Govinda Ala re
@Master,
I have no time to sit infront of screen,
So which trade give me best return.
(JNsar Trade or Pre Market trade (Conservative)??
Please suggest
Sensex low on 15th Feb was 19381.82 and today's low is 19382.45
look at VIX index, climbing climbing. O I in 5900 CE ready to overcome PE 5900 but how long is question. staying with trend is good idea.
Just an observation :-
Option Trades if initiated @ Conservative trade levels posted by sir , generally results in minimum 50% -100% returns normally on next day or till next trade. ( Generally 100% or more :))
eg. Today 5800 PE @ 12.50 when Conservative trade initiated. High made :- 26.45 . CMP 23
Thank You Sir For Posting such a wonderful levels .
NF: just as of 14the Feb, price is at 100DMA, that day took support to rise to 5970 in 3 following days. will the same be repeated now!
@ Jay Mataji,
"Conservative Trades" are based on medium trend changes and hence suitable for traders who prefer "positional" than the "Intraday".
JNSAR trades too could be used if "Closing basis - above or below" is considered to take trades.
Sujatha Ravi
1:43 PM (3 minutes ago)
to me
sir,
unable to post at JN but i am able to "watch" hehe the blog itself "banning me" :D
any angry with fed up picture suits for me at this juncture. actually i should not took contra trade as per my "own tech following" but did as usual with hurry and before i had lunch nifty "hand lunch of my SL" but see the dance @ 73 babre... break down meansssssss - aaaaaaaaaaaa flood gate open probably. but wishful thinking of "bulls". waiting for 2 pm candle closing. u can post this @ JN or not . no probs. but sure...5884 NF is bouncing area... chek the chart. am dng the no. game.
regds
0N DECIIth ns@5865 and nf@5998
and
ONDES 27 ns@5865 and nf@5867
which is going to hold EOD,WATCH
Hi Nitin Kadam
thanks for your post. please educate me on Options. i tried hard to learn but with little success. time decay eats up all one earns.
Sis..my SL also hit... THUUUUUUDDDDDDDDDD
once we closed < WkEMA last week, market had showed that ST direction had uturned to SELL on Rallies...
Same is being re-iterated by price action this week
Just follow 5EMA to prosperity !
ND Sir's ATR Breakdown target coming looks like
When is rail budget
and is there any Rail concerned stock traded in FNO?
(kalidi rail, Tita pur wagon something like that can remember as long back stopped scrips)
month S2 5851
prior to today's trade i had three whipsaws in a row. did it happen to anyone else ? please ?
@ DR
larsen and ABB used to show fluctuations before and on rail budget day, these are the FNO large cap scrips, as par as i remembered
OM SAI RAM
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