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 ...
21 comments:
@master,
Month close means fo expiry or 30-6-13
last trading day of the month. Friday
fight is going on at strike price 5600 who will win bull or beers ???
and the winner issss the "broker" :) finally. if at all who trades in this kind of market
Sir
triangle near completion.
Suja:
there r other ways to win apart from Dosa n Idli.
Sambar-Chutney also has value , esp on such days ;-)
Dear Ilango Sir & Blogmates,
OI Table Update at 1:00PM, Pivot-5615, S1-5562, R1-5661, ATP-5612, VWAP-5612
And the range bound move still continues, but with bearish outlook…
Thanks & Regards
@Sujathaji agree with you.
Looks like yet another NR7 developing.
@ITradeForProfit Daily
Yesterday was NR7 day ????
No. Yesterday was not a NR7. But today is looking like developing into one.
a small contracting triangle developing in ns 5min 2day charts
cmp 5623(its near upper T/L of triangle)
5625 is current pt of upper T/L
now may retest 5602 levels first
and then may again move up towards 5620-25 range
if ns sustains abv 5627 then possible b/o of triangle pattern in 2 day charts but may be limited to upper T/L of a larger contracting triangle pattern in 5 day charts near 5655
I-HnS on BN intra
B.o > 11,220 , tgts 11,245-60 / 300
lets c
@சுஜாதா,
மாற்றம் ஒன்றே மாற்றம் இல்லாதது.
திங்க்.... திங்க்.... திங்க்....
@shriram
and friends here tracking WW pattern
possibility of a -WW developing in intraday charts
5625-5606-5627-5612-
cmp 5620
pt 5 may form near 5630-35 range and then may dip towards 5600
and time may be near 3.00pm
plz confirm
@ Sanjay Jaiswal
CMP > VWAP
56PE OI added around 1.5M ++
can we go long now????
please suggest
@ S4S:
am trading BN today..
on NS -WW Pattern certainly forming, but rise from 5600 NS seems TREND or Impulsive C
Only way to confirm is to see OTM CE action near suspected RES zones 5635 / 59
think its a good bet to go BN long @ 11225 with TSL @ 11195
observation only.
New Post Done.
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