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 ...
11 comments:
Sir
My 50pt set up as per tt.
Trend indicator down
Morning green All hema.
3 pm close below hhema and dlema
So go short close to hhema 5650
50 pt asssured
Thanks
Dear Ilango,
Evening star in the month will be confirmed on this Friday on close around 5697.
But at the same time can you also please confirm that today's closing is PIN bar reversal type????
need your inputs here....
Jai Ho! Jai Ho!
Sir
Trend indicator is hitting rock bottom.
Rsi stoch divergence as marked by u.
Inside day doji after a long red candle( could we consider it as short covering doji star ?)
Bulls on ur marks ?
I would like to express my sincerest gratitude to … ... Ilango Sir,
from your guidance, great kindness and patience and
I wish to say a heartfelt thank you.
good evening , sir! thank for the quick guidance today..trade plan was executed to perfection ..thanks for the guidance..the problem is ME, not anything or anyone else..no written plans frustrate and written plans even when fail, give lessons...thank you
Sir
Previous comment
Read doji star as bullish harami cross.
Sorry for the mistake.
In this pattern 5638 40 is very important as it is the long bearish days high.
So tomorrow
-------5640++++++++
Thanks
2morrow ns & nf if >5600 bullish &< 5600 bearish
doji in dt, need to open with gap up to
confirm bullish behaviour
doji needs another day conformation
sooner market will test 5477 bottom and move below this 100 points.
Namaste Ilango Sir & Blogmates,
(Bearish: The Bulls tried hard to get out of the Bear grip but were unable to do so at the end, though they got a consolation in the form of a close above 5600 level. Bears are making sure of an Expiry below 5700..: Option Analysis for 25-06-2013
Dedicated Option Open Interest Blog
Duplicated at Wordpress Site
Thanks & Regards,
Sanjay Kr Jaiswal
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