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 ...
23 comments:
Can (iv) enter into the area of (i)?
Namasthe ilango sir and friends,
Today's quote received :
Be Bold when you LOSE & Be Calm when you WIN...
Changing the face can change nothing...
But facing the change can change everything.
Tech-Table Maximum profti set up triggers :
Price 12 PM 5819 > 5 DEMA 5803 > 5 WLEM 5807
RAJPVT
no, by standerd EW rule , as laid down by authors like Beckman, it should not violate 'i'. later on there are people of EW who do not accept this idea.
Rajapvt sir,
IV never enter I if it does mesns old counting needs relebling
bulls will be in charge only if
ns > 5834 & nf > 5832
Thank you for your responses Parimal and Prabhakar.
a small +WW may develop in ns 2 min charts
may dip towards 5804-5798ns range to form pt5 near 1.00pm
pt 6 may trgt towards 5829 again near 1.45-2.00pm
ATR range for intra:
Buy range: 5742.30 to 5767.09
Breakdown: 5742
Sell range: 5849.70 to 5874.49
Breakout: 5874
Hi Seniors,
Suggestions from all the seniors.
Is it right time to enter in to Apollo types at juncture for medium term 5 to 6 months period for investment,not in trading prospective .
Hi JVR
Apollo Tyres: after the acquisition, it will be the sixth largest tyre company in the 'world'. so a lucrative long term bet. but now share price may down (buying time after studying the tech) due to big outflow to collect/service the acquisition money.
Nifty above tomorrows JNSAR!
higher high
Hi JRJ, if ns now comes below 5830 (after going above 5830 and then down) should we short it? Or the 1st long trade is still on?
@Parimal,
Lot of thanks for your update.
weekly chart trendline resistance in 5829-32 zone
@Prabhanshu,
you can use TL in 2mins or 5mins chart
to conclude also watch candle formation
30mins, 5 mins till now ↑.
--> back
Res zone ahead : 5855-65NS
Bulls will love a close above this zone. 59 strike PCR suggests Bears are attempting to protect the zone desperately.
@ S4s: do u see a -WW on hrly ?
@master,
Can we go long above 5845,and at which level it count abc down to 5783,and wave 3 start?
2pm close above Dhema and r1..going upto r2...fingers crossed..
master again we find ur comments missing
New Post Done.
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