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...
81 comments:
ritika ji,
please do not spoil the atmosphere here.
go some where else where u will be heared.
here NO-BODY is going to hear you.
V only hear SIR JI
Hello sir, DR ji, Parimal Ji, Sujatha Ji
If i follow JNSAR and trade according to above TT i should buy below 5856 levels.
Please correct me.
Sudden change in direction of Nifty?
Ilango ji,
5waves doen down from 5970-5831 ??
5830, current 5 month ema, atlast we go there
NS has made a outside bar, today, if we close near high/ neutral, will be considers as a reversal, is this correct ?
another PAIN IN THE NECK -has come
Can any one guide to my above query.
Praba - 9840430024 | 24340552 this is Madras homeo pharmacy phone no. A decade ago no!! His name is Dr. Swamy i forgot his wife's name.(probably lalitha??) both r so good..a decade ago - he was senior citizen. donno now who's looking after (probably his son??) my father's cousin taking treatment @ east tambaram..donoo the details will try to contact him and get the no.& dr. name. If this no. is right and Dr. swamy is still looking after the clinic kindly post.
22393442 - this is sudhan homeo pharmacy somewhere near selayur?? kindly check both.
PS : கிளம்பிட்டாங்கய்யா கிளம்பிட்டாங்கககககக இம்சை ரொம்ப ஆட்டம் ஆடுது போற போக்குல 4 கேண்டில்ல மேல போயிடுமோ யப்பா முடியல
sandeep
we buy when price is above JNSAR
and sell when price is below JNSAR
Ok Sir so now for current JNSAR we buy above 5856 and we sell below 5856.
when will the bounce come ?
@ sandeep,
Most here use the "Day JNSAR" for taking positions.
Use Hour JNSAR only in the direction of Day JNSAR.
Hour JNSAR is not suitable for beginners.
Indices in discount
Discount/stock clearing Sales starts
Sandeep
suggesting avoidance of intraday game. follow day JNSAR with 20pts SL. if the level does not come, wait with patience. thanks
sir - 2 periodddddddddd hit bounce will come?? any chance
ok sir thanks for understanding and guiding me.
Hi Sandeep
Day JNSAR never fails. there may be whipsaws, but no failure. due to low VIX, movements may be limited, yet JNSAR is always profitable.
Nifty @ 5823-33 zone.
I'll be away on prior commitments.
Goodmorning ji and all
By fibonacci
nifty INR5858 SR 5902 may tuch 5805 and take U
Master
Initiated my first trade today @ 5855. Booked one lot at 5825. Should I use the bounce towards Day JNSAR to add or just wait to get stopped out.
DR Sir,
'BLACK' Monday?? D:
@DR sir,
There is SAIL everywhere.
Fireworks awaiting for pre-budget
Dear Rajapvt,
Which fireworks? which direction?
Infosys last week got listed on NYSE Euronext London and Paris markets, becoming the first Indian company to be admitted to trade on the leading global bourse.
rocket rocket
Sir - if the 2 period is working fine.. then the target is ...........emotion spoils the "trade" i will wait for 2 pm closing confirmation. hats off to you for the "bounce" and the lesson.
raja - mmm... bring it
DKG said...
DR Sir,
'BLACK' Monday?? D
===================
Dinesh Rishi said...
But be stick with SL
Master says
Follow to flourish; Predict to perish.
February 25, 2013 at 9:52 AM
hahaha rocket rocket
time to book longs 100% or part book & trail now..
Res ahead WkEMA / DEMA : 5911 / 5884
right shriram, booked partially and raised the TSL now,,,,
@Sujatha: 5913 appearing 200 ma as of now (on 30 min chart) http://i.imgur.com/mW2HzxT.png
booked all longs now.... will wait for next trade.
50 SMA at 5893?
@ Raja:
Dev WkLo now @ 5853 ... trail with this no..
RES on Wk TA ahead 5894 & Dev.DEMA : 5880
if anyone using woodies cci
** sorry, to be more clear
dev. Wk Lo is 5863 (not 53)... 10 -15 pts filter from there is the support (5853-48) ..
if this is an osicllation on Wk TA
Master can i post a chart regarding woodies cci...
Shriram: added longs now again, will trail them with WkLEMA. going out, placed stoploss, two trades good today on both sides.
@raja:
dont discuss trades ... just the setups Res/ Support / direction here, pls
yep, no discussions on trades, shhh,,, operators here :D
Prabha Gopalkrishna
=========
Ilango said...
I'll be away on prior commitments.
February 25, 2013 at 1:08 PM
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Plz post
well said :-)
Ok DR Master... Thank you for informing... i will post the chart ... if it is against the rules i will not post it again
cci 50 with tcci 20 captures almost all ups and down ... especially good for elliot wave... the credit goes to the ones who revealed this...
http://www.mql5.com/en/charts/48271/nse-nifty-m15-gci-financial-ltd
Sis
Is it live chart or image?
can we refresh it?
On Friday, nf made a low of 5825 which was not traded but was tradeble on screen today.
Today, high is 5899 but not tradeble.
will repeat the scene tmrw?
its image Brother ....for live charts you have to download gcimt4 or mt5
Dear Prabha,
Does it imply that nifty is facing strong resistance at 5860 level? Please suggest.
Regards
CORE EDUCATION
Nov. 25 2010 th close 258
Nov 26 2010 open 257
Nov 26 2010 high 257
Nov 26 2010 LOW *************150
Nov 26 2010 CLOSE 237
DEC 2010 High - 344
That low of 150 remained low for 3 long years
and today that low broken in 1 day
ANY INFERENCE
thanks regards
OM SAI RAM
Macd makes u emotional whereas woodies cci is mechanical...when it crosses 200 line and turns.. means be ready to book profits
@Jmji
I am just telling about an indicator... paper trade it..
Master is here to guide us
PG: That's a lead indicator, good one.
@ Hitendra,
For the new impulse which has commenced today at 5825, the third wave is beginning now. So 5899 looks like a favourable possibility tomorrow.
Thank u rajapvt ji....
TS,
NS made a higher high & lower low(?outside bar).
what's its implication?
5971.00 5825.00 146.00
5859.46 5880.48 5898.00 5915.23 5932.46 5941.80
5898 is 50% retrace lvl.
@ Hitendra,
It depends on the close of the day.If it closes closer to the high or at the high, it means that the bulls had wrested the initiative back from the bears and are in control of the game.So the following day could be more bullish. On the other hand if the bar closes closer to the low, that shows bears have upper hand and the next day will be more bullish.So the next half hour is going to be an interesting tussle.
Thanks.
I will favour first view.
I expect 5859.46 is to be held next half hour.
Shriram,
outside bar near Month Ema, small IHS , where right shoulder is still forming, also from the lows looks like bull flar / triangle or , all pointing much higher levls tomorrow, what you see?
SEEMS today again will close near 5850 +/-3
tomm a small gapup possible
@ D R Sir
Last time MASTER gave reply to you for budget rally & target achieved for that of 180 points lets ask this time also is any possibility of same levels to triggered for budget rally :)
Average close based on 30sma is currently at5859 ( and falling )
sir is away and tippsters are back with vengeance.
Sandeep Bhoite
Sure
:D
seeing option data
my guess tomorrow high also capped near 5882-88 range
Hi chetas,
Dev. WkLo is resisting... @ 5863... NS can seek Dev. WK EMA 5890, if this is taken out tomo
Fall will continue < 5830
average closing now coming approx 5855-5856 levels
thanks shriram,
any bullflag u see?
last few minutes 5900 call shedding OI and 5900 put is adding OI
chetas,
if 5855/56, it will be above +2 points of pivot & R1 will be 5881.
yes chetas,
to my eyes 5mins candles forming Bull flag, shud seek 5890-5910 if the pattern plays out !
bye & good-day all !
FRNDS
i am regular here to gain knowledge
from seniors
imo
too much resistance on upside all rallies are being used for selling
the support 5850 can be broken tomorrow
movement on hourly charts too support this view
than the h&s on daily charts will come in to play
its very difficult for fm to avoid a populist budget and take cost cutting
thanks and regards
Bull flag it is. But since wave 2 has retraced to about 50% the next up move may not be very strong. 5890 or thereabouts should be a game changer.
By fibonacci
nifty close below INR 5857 and SR 5898.
if somebody could please throw some lights on the fundamentals of CORE EDUCATION
i want to take some positions tomorrow morning
thanks regards
OM SAI RAM
ALSO
i want to track earlier such single day crash in any particular stock
so far i have tracked crashes of
RELCAPITAL.RNRL each falling 50 % in a single day
core education 40 % fall in 2010 on a single day
Rdb industries 60 % fall i 2010 on a single day
hexaware also fell some 50 % odd on other day, dont remember the date
There is one more such severe fall in prakash industries also, for which, date also, i dont remember
kindly let me know, if somebody has some information of such a huge single day fall in a particular stock, with stock name, and month and year in which stock fell
thanks
regards
OM SAI RAM
@ rochak,
you might be knowing Satyam story.....stock crashed from 182 to 54 something...exact have to see.....
today itself Welspun Corp crashed almost 30 %..on closing basis fall is 17.5 %
Welspun and Core education has the effect of speculation that the pledge shares of these companies were being sold off...don't know more yet...its brokers opinion..confirmation required
@ rocjak
Satyam... Jan 07 2009... O--179, H--188.7,L--30.80,C--40.25
Satyam... Jan 09 2009... O--36 , H--36 ,L--06.30,C--23.75
thanks @ mmarketman
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