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 ...
10 comments:
Namaste Ilango Sir & Blogmates,
Bearish: The CE writers are back in the game with 6000 now a very strong resistance for the series, but lower levels seems still very much in control of the Bulls, a move towards 5800 could open the flood-gates...: Option Analysis for 13-03-2013
Dedicated Option Open Interest Blog
Duplicated at Wordpress Site
Thanks & Regards,
Sanjay Kr Jaiswal
Sir, please help me understand 5th green wave possibility changed from yesterday's 5871 to today's 5780.
I was thinking break below 5850 will negate the 5th wave up from now. But there is another figure 5780 appears. However I think we had already touched the top.
The puts bought by the FII are the only evidence. Let us hope
i came across following tweet. can some options expert elaborate on what is being conveyed here.....how could it impact nifty tomorrow ?
Nikstrade @Nikstrade
Alert,,PCR 1.37(Put call Ratio) Last time I saw such High PCR during,,, MAY 2009 AUGUST 2010 DEC 2011 AUGUST 2012,,,
Todays PCR is 1.62
nilesh ji what are the implications of this level of pcr and how it can affect nifty movement tomorrow ?
http://www.moneycontrol.com/news/market-outlook/fiis-buying-index-options-is-repeatsept-2010-possible_837671.html#toptag
FIIs buying Index options; Is repeat of Sept 2010 possible?
The broking firm Emkay has come out with its report on market outlook. FIIs buying in the index options segment has surprised every trader in the market. FIIs have been a net buyers to the tune of Rs 62.12 billion in last 2 sessions. The broking firm Emkay has come out with its report on market outlook.
Bhailog,
FII buying, FII selling, DII buying or selling, Europe in crisis... I have seen all. If there is one thing that has proven its mettle, that JNSAR. Till now JNSAR short has not been triggered. Lets not jump the gun. Today's JNSAR was 5835 and we didn't break that. Tomorrow's JNSAR is 5857 and so tomorrow when I see NS going below this number, I will close longs and go short... and manage whipsaws. We're not new to this. We have done this so so so many times earlier.
Be cold and dispassionate, do not have an opinion about the market... forget the ego, read the Nifty spot value against JNSAR. It cannot get any easier. Good luck and remember, what we learn from JNSAR whipsaws is much much more than what we learn when there are no JNSAR whipsaws for a long time. Whipsaws are our workbooks... we get an opportunity to repeat what we have learnt... we get to strengthen our understanding of how the system works. We also learn a lot about ourselves... how we react -with passion and feelings or in a mechanical way. I love whipsaws...
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