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 ... -
Will not be available to intra update . Suggest one of our readers to update on DHEma-HHEma-HCEma & HLEma for possible support points fo...
20 comments:
herry, perhaps it is not in my jurisdiction to say this, as the Question was asked 2 Sir directly.Sir has given us such a CONVENIENT n EASY TOOL to do our Trades. play da fibo levels as the market n individual stocks are settled with their respct highs n lows. enter a fibo level, keep a s/l above or below dat fibo level and go long or short
July 2, 2014 at 12:06 PM
herry, we r currently experiencing TCS oscillating between 50 % - 61% fibo. above which resistence is at 80% fibo. beyond which intraday new high
this Tool is just FANTASTIC herry. TCS resisted intraday 61% reise @ 2407.70. n fell from there.
Sir, can we say in tisco 4th ended at 517 from 332 and 5th (the last up move leg) started?
Currently, 1st of 5th over at 550 from 517 and its retrace is on?
Herry all quotes on TCS are future only
dear ilang sir nifty holding 7690 can 1st is unfolding..?
Herry TCS has bin spending a LOT of time at 24% fibo. BUT NOT BROCKEN below it yet.
yes sir also holding above 2407 - 2414 5th unfolding..?
Day Low : 7677.30 Day High : 7717.35 Range : 40 Points Day Pivot : 7634 Hr. Pivot : 7698
Currently well above Day Pivot @ 7634.
NS hovering around 7710.
NS in BAH mode in Hr. T/F & in Day T/F.
Weak below Hr. HEma @7686.
5 Min. & 30 Min. RSI in over bought zone.
BAH = Buy And Hold.
unknown sala
tur tcs atiya 2500 jabo toi morili aaji
@UNKNOWN
CONVENIENT n EASY TOOL
this retracement etc.,. is it in which time frame - hourly/daily
thanks in avance
upper Bolinger band for NS @ 7740
R4 for the day is 7728.
Now, monitor the rise from 7690 to 77xx using retrace numbers.
correction. it is 7717 for NS
During last 3 days rise (from 7482), maximum correction is 29 points
@ Ganesh IC,
Very valuable input.
NF hovering around 80% of intraday fibo
Hi IIangoji,
I am new to your blog. I really appreciate your contribution..
Based on your method, I did make my 1st entry day before on long and enjoying the ride..
I need a clarification on above 2 charts.
On MACD:rise from 7216 - 7700 is marked as '1'
On Storch: its marked as 'A' - 'B'
Thank you sir, for teaching importance of silence, patience and belief during corrections.
It helped me a lot, to get rid of frustrated distractors.
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