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 ...
6 comments:
O meri Ankita,
Don't think about wave-5.
Stay with down trend and wait till 5600-5520
Namaste Ilango Sir & Blogmates,
Bearish: Bulls still clinging on to the 5700 Nifty level, though Bears are gaining momentum with good addition at 5700-5800 strike, will they be able to thwart the resurgent Bears?: Option Analysis for 04-03-2013
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Duplicated at Wordpress Site
Thanks & Regards,
Sanjay Kr Jaiswal
Jay - Anything may happen here becoz EOD close is "cat on the wall" as i am an aggressive trader holding my long - based on - 15mn/30mn/hourly candle mingling with my other nos. let us see whether it's working out or not. reasons many. if gap open of 25-30 pnts also no probs will wait and act vice versa for gap down too.
PS : ofcourse trend is down and target also OK..but expecting after some reasonable bounce (this bounce too not mandatory..but i am expecting :D
jay what do you mean by meri, 1st you should know am i a girl or matured boy.
time will tell jay , veeru is here.
i also liked gkm2233's veiw. and master illango is unique, obey him and trying to keep discipline.
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