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...
51 comments:
17 points move in last 1 hr.
one bounce upto 5910/15???
parimal ji - but do you think digest's standard is good??? i hv many bindings of my grandpa and father's comparing to that..now it's less wat say?? a year back i stopped the subscription
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So we have a Bull flag on 30mins
Tgts T1: 5925 (flag width)
T2: 5950 (Pole hgt)
Hi Sujatha Sis
you are right. since last decade or so, its standard has depleted. it actually focused more on 'race' bashing in a subtle way and proving whites alone are better. its psychopants in India would feel honoured to lick the feet of their bosses.
NF above 34hrsma, seems idea of 'b' up is gaining credibility.
NF used support of 100DMA again, and today it may close above 5DEMA.
2 Day High crossed @ 5911.
shriram ji - :) :) ye dil maange moreeeeeee so sweet . would like to see NF 33/50/67 first then will decide
parimal ji - lot of misguiding - thro their advts and some of their competitions .it's so sad
5926 is 61.8% from 5970/5854.
readers digest lost quality after it was sold to india today group few years back
Suja Sis,
NF 33 TODAY.
& 50/67 TMRW.
Pre budget 6010??
Suja Sis - where r u taking nifty on budget day? 6200 looks a given.......till that day the plane will be on runway (i.e. 6050 or around that)....and on the D-Day - take off....
Today Camrills works.
5926 is long breakout lvl.
hiten - wishful thinking :) 3 pm candle should close abv 5911 is more +ve which will invite JNSAR and close abv it @ EOD...huh... but will the mkt move with my expectation??? there is a insidebar and outside bar set up in NF..(may be as usual i am wrong with chart) check 2 weeks chart
Suja Amma:
Ur Dosa Menu is very tasty, Pls announce when u switch to idli ;-)
Hitendra
budget will be a hogwash, and populist one, compromising on growth, since it is pre-poll budget.
Sir,
conservative trade can be taken here along with JNSAR ?
Suja Sis,
just watch HH & HL as of now in last 2 days.
a dip below 5880 will give trouble, otherwise up only.
Vande mataram.
KAI PO CHHE
Nifty trading in ND Sir's ATR Sell Zone now.
@ Abhi ,
Yes.
Thanks Sir
ITFPD,
Good.
just show like as & when come like
Buy Zone : From 5874.7 to 5862.95
Breakdown below : 5860.6
Breakdown target : 5829.7
Sell Zone : From 5921.7 to 5933.45
Breakout above : 5935.8
Breakout target : 5970.7
Janak - mm..would like to see "Up" only but no other option " i hv to bow to mkt" what it says.. am not with any biased view but somehow settled down with few technicals.. ...NF may touch surely 67 it seems.. where i will book out once..for safe side
Ilango ji,
Where to part book , near Static Wk EMA or WkHi ?
Is this rise C of a ZZ or new impulsive W3 ??
@Sujata sis, thanks for excellent High Tea
wishful thinking - tomorow gap up with 20 sma level?? too greedy?? it's maintaining HH/HL nd high closing too like yesterday
shriram ji -the way it giving no idea to part book now risk is there for me but give good reward i believe
@ Shriram,
"5949" is the first hurdle to pave the way for larger retrace for "6112 to 5854".
Nifty attempting a reversal from 5854 which is closer to the important pivot support zone of 5823-42 confirms the "2 possibilities" discussed earlier.
Since Hour & Day lead indicators are starting from the bottom, it is left to the week lead to confirm it.
Suja sis,
As per one other theory, 5974.55 looks possible by tmrw. Beyond that 6013.
Not to trust fully as I hv no in depth study.
this is just observation.
@all tip givers
see the power of all fisherman!!!!
ATR Breakout occurred.
Observations & Opinions:
Maximum profitable trade set up;
3 O' Clock Tech-Table figures;
D.C. > 5 DEMA > 5 WEMA
D.C.5925> 5DEMA C 5912 > 5 WLEMA C 5895
SLO 5910
50% of breakout bar O=5897 C=5923=13points
5897+13= 5910
shr - it's not taking much time for snacks and tea it finished fast nd moving for big party?? i don't think it's "bull trap" may be real move and it will give more
OMG shriram ji - now really worried 5957 NF just behind 67 :P donno wat to do?? booked out partially
ND sir's sell zone crossed?
mmm. right, tks master !
@ suja : Ur eating dosa with chutney or Sambar , or both ? :-DDD
Shriram,
Sister is having gheeroast with Cocunut chytney, onion chutney, sambhar and also mulkapuddi :))
shriram ji - dosa with both :)so crispyyyy which my D likes ..if target achieved also am in problem becoz hurrey it's achieved (where to book profit or hold) if not comes "then y it's not coming" :P :( i think opening itself 5955 cross over will give more??
Finally to sir - shall v expect again one new high sir??
Average closing based on 30sma is approx 5934 -35,
hahahha...
chetas , tats "molaga-pudi" ;-)))
@ suja: pls confirm cooking is wid ghee , oil or butter ?? :-P
avg closing now coming at 5938 and increasing,
Suja sis,
75/90 points move is routine in budget week.
looks 6013 may be seen.
** @suja : disclaimer**
my tamil & coooking skills r avg, pls feel free to correct as necessary !
Sujata,
Superb conviction.Please publish your calls everyday also.
5970.00 5854.00 116.00
5881.38 5898.08 5912.00 5925.69 5939.38 5946.80
5946.8 is 80% & achieved
Suja sis is centre & talk on blog today.
Congrates.
hats off to sujatha for the hint you have given today regarding this move.
i will be thankful if one may post today h l close of NS & NF.
By fibonacci
nifty close .above INR 5902 and SR 5921.
Dear Ilango sir,
Great being a part of this Blog and learn a lot.. I have emailed you yesterday. Hope you got time to reply. Thank you
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