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 ... -
Trading strategy that works wonders besides the supports & Resistance is " Retracement strategy ": The strategy that has wor... -
If the steady FIIs inflow reflects in the prices, 5405 should be protected going ahead and market may encounter minor corrections and keep m...
42 comments:
LLingo sir,
Just need to know if closing is more important or high low hold more importance while calculating elliot waves counts.
Pls repl bk
Ilango ji,
Can you please explain in an Irregular correction by how much wave B extends when compared to wave A
Thanks
LLingo sir,
Just need to know if closing is more important or high low hold more importance while calculating elliot waves counts.
Pls repl bk
LLingo sir,
Just need to know if closing is more important or high low hold more importance while calculating elliot waves counts.
Pls repl bk
gm master dr ji julius sir n all friends
@ M D Dharmendra,
Ilango said...
@ SP,
Guidlines are guidelines...bound to evolve.
Rules are rules...cannot be broken... in EW.
Ilango said...
@ shriram,
We touched upon "Re-labelling possibilities for new highs" yesterday.
Accordingly, if you super impose BN's structure on Nifty, @ 6019 one part of upmove ended after which "a" of a corrective reached 5929 and an irregular "b" reached 6115 and the "c" is unfolding. This view will be held as long as 5925-40 is protected.
May 14, 2013 at 3:15 PM
Ilango said...
@ shriram,
Normal irreg.flat would move away by 0.5 to 0.75% but a highly speculative atmosphere or strong bullish undertones could unfold into a 1.5%(6019+96(1.5%)=6115).
This is an alt.view considering "not yet damaged week TA & month TA.
May 14, 2013 at 3:38
May 15, 2013 at 10:39 AM
LLingo LLingo LLingo LLingo LLingo LLingo LLingo
LLingo LLingo LLingo LLingo LLingo LLingo LLingo
LLingo LLingo LLingo LLingo LLingo LLingo LLingo
LLingo LLingo LLingo LLingo LLingo LLingo LLingo
===============================================
ilango ilango ilango ilango ilango ilango ilango
ilango ilango ilango ilango ilango ilango ilango
ilango ilango ilango ilango ilango ilango ilango
ilango ilango ilango ilango ilango ilango ilango
Does any have idea about advance GET from esignal ... Any feedback ??
On the name part, to practice,,, :)
GM Master,
Master,
u shown on Friday 2pm Intraday chart III green arrow in Lead indicator hr chart Now u have removed
Any specific reason?
@ Pattern Trading
are you talking about ADVANCED GET?
if yes, then let me get back you as one of my banker friend is using that since long.
hahhahhaha master they mixed their LINGO in to ilango and made it LLingo LLingo hahahahha
@ding a Dong...
Yes, please that will be a great great help .. if you can get feedback ..
GM Master & JN Family,
HAHHAA.. master's hint: practice indeed makes perfect ;-)
Ilanjo Ji
Thanks for your swift response
a small +WW developing
trgts 6235ns near 11.30am
6214-6209 is immed supp
cmp 6216
@ Pattern Trading
it look like there are many features are there in it and he is asking which are the one that you need info on?
ha ha .. master may have given a Spelling Sutra:
Carelessness in spelling may lead to carelessness in trading.
ilango Sir, Good morning and have a nice day alongwith all blog pupils.
Dear Ilango Sir & Blogmates,
OI Table Update at 11:00AM, Pivot-6186, R1-6219, R2-6243, ATP-6227, VWAP-6227
The 6200PE writers on overdrive with huge addition of 16 lacs till now, the 6200CE writers still holding on, but a move below 6200 looks improbable for the day…
Thanks & Regards
Good morning sir and blog mates
Parimal ji any update on Educomp?
Thanks a lot sir in adavnce
nitin
@ding a Dond..
I am looking for Elliot wave one ..
Can you please also ask him about return in type 1 and type 2 trade ?
@ding a Dong...
Can you please give me ur mail id ?
USDINR at 55.03
@ pattern trading
please give your email id and i send his name and number to you...
sumit.trading1@gmail.com
GM to all !
Although, Ilango has politely referred to spell him correctly many a times in the past, this time he seems to have lost his cool. Or he is playing childish to see whether ppl get the message right. No offence meant.
All followers are expected to address their Guru correctly otherwise what else are they expected to learn.
@Pattern Trading
sent to
sumit.trading1@gmail.com
Thanks you very much ...
@Ding a Dong..
Please check email
oh ohoh my FII report @ pre market page is working(full fluke hhahaha) maket is resisted at 6220.... but dont ask be till what time? iam not there... ahahah
Respect to Guru is the first and foremost Discipline, Every Disciple must follow ..Rest follows it .....
I am CA Student and has been following Guruji(Illango) since 2.5 years thought i don't trade i track all his posts and Saturday writeup...
Though i never post a message here i have my due respect towards sir so pls .......dont spam the blog with such naming and disturb the disciples with such msgs...
Thanks N Regards
Nivas.M
6202.4 is 55ema in 5 min charts
will nifty bounce from here??
smelling a Bull rise to 6230-50 now, if 6176 NS holds...
i guess now ns may face res near 6218-22 range
cmp 6208
may dip possibly towards 6186-90 range either today or tomorrow be4 making another round of upmove towards 6272 till wednesday
Hahhaha hints, studies & messages are every ware in every form ( not only at books en not necessary a serious one...) need to develop the ability to extract the same ….
Baba ding dongs upadesham-
Its not the destination that you intend to enjoy but the journey (which is longest time taking)
Being light and funny is act of unwinding at markets ( to know this one have to trade not just study hahahhaah …..by putting paisa baba paisa )
New Post Done.
@Ilango, Market seems to be ready to take reversal on 22nd or before.Do you see more up move? traders who follow 34/12 EMA would have initiated short already.
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