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...
7 comments:
15/03/2013
30m Trendline Resistance@5920
Expected Range Between: 5945-5875
Expected Strategy: BUY@DAY LOW or SELL@DAY HIGH
Possibly be a RB/Inside Bar Day.
5DHEMA should be watched Carefully.
Today was abnormal day, with faster fall and equally faster rise, forming V-shape recovery. Will you please elaborate effects post such recovery, illustrating past similar incidences. Thank you.
Dear sujatha mam
Ur english winglish may be atrocious.
But ur trading and a feel for positions is fabulous to say the least. I dont believe in wishing anyone fathers, mothers, children and womens day or for that matter birthday (as everytime someone wishes birthday i am one step closer to the grave!!).
But if ever there is a traders day i will wish u and hope that atleast some of ur brilliance rubs on to me.
@jeetendra,
these are not abnormal.on the otherhand they signify CHANGE IN TREND.as MASTER pointed out todays low could be the biginning of GREEN 5TH.,
Namaste Ilango Sir & Blogmates,
Bullish to Neutral: Volatility at its best, with the Index moving in a huge range of 130 points, simply not for the weak hearted. At the end of the day,Status Quo was maintained with no party having undue advantage..: Option Analysis for 14-03-2013
Dedicated Option Open Interest Blog
Duplicated at Wordpress Site
Thanks & Regards,
Sanjay Kr Jaiswal
The fall of Nifty and Rise of NIfty were today merely 100 points. Think about the day of 2008 when we made the low of around 2100, on that day the fall and raise were around 350 points.
am I the only one to see a Bullish Engulfing on Daily Chart or is there someone else also with me on this!? :-)
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