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...
28 comments:
Parimal Sir,
Upflag needs closing of 5 min candle above 5994,
Lets watch..
Prof. Gorakh Wakhare
@ Tushar,
As long as ST avg is below MT avg, fast fall set up is in place...the possibility exists.
Thank you Very nuch Sir.
Parimal Sir,
Upflag hit -- trgt - 6020 min time 35 mins stop loss 5984
basics of uplag...
just for the study ..
Prof. Gorakh Wakhare
A SMALL -ww developing
pt6 formrd near 6006(or may try another high towards 6012)
trgts near 5980ns
sorry its pt5
huge earthquake hits russia abv 8.2 richter
Rouge is a french word; meaning 'red'
LV
Noun
A red powder or cream used as a cosmetic for coloring the cheeks or lips.
Verb
Color with rouge.
Synonyms
lipstick
Mouline Rouge :)
5980 done
ns may bounce again from 5975 near levels towards 6029 to form 5 of a larger -WW pattern
@Shriramji,
Full Moon.
STOCK4SURE
your-ww looks plausible
Dear Ilango Sir & Blogmates,
OI Table Update at 1:00PM, Pivot-6000, S1-5919, R1-6046, ATP-5976, VWAP-5976
Now huge addition at 6000PE has tilted the scale in favour of the Bulls for intraday, but still need to overcome the hurdle in the shape of 6000CE writers who are still holding on…
Thanks & Regards
Anyone utilised H3[SELL]?
12:25pm candle in 5mins t/f
was the confirmation.
yes sir i sold again thnx
Julius, yeah noticed..but but but , couldn't take it.. mind is already set to short at more higher price which was a mistake :(
missed H3
1. iii completed @ 5937.
2. No close below HrLema after 10 am.
3. Downward impulse less.
4. Hr oversold
2 30 factor can help bulls sustaining above 5950-5960.
Afternoon Everybody...
Dear Shriram...
Nifty likely to close above WEMA?...as sellers are losing their grip..
Master,
U have shown in Trend Indicator chart Red 5 at 6229 with Red 2 wave at 5033 , Red 3 at 5815, Red 4 at 5548
My query is this corrective rise of earlier fall of 6181 to 4531.As u told corrective wave should be of three wave .I m not getting it kindly explain this
good afternoon mynac sir what about expiry week ???
Just a minute ...I will be back soon
sir ji,
one querry.
if 5th wave is a failure, then can v assume the probability of price coming to the start of 4th wave
Ilango, how do you see Nifty behaving from here?
New Post Done.
Nifty started raining today as well.
Julius sir, I also took positions in PUT on Nifty at H3 sell signal. Wish this time it penetrates into the Cluster zone once again and closes below it. :)
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