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...
12 comments:
Day Low : 7518.15 Day High : 7647.65 Range : 29 Points Day Pivot : 7589 Hr. Pivot : 7636
Currently well above Day Pivot @ 7589.
NS hovering around 7630.
NS in SOR mode in Hr. T/F & BAH in Day T/F.
Weakness continues till below Hr. HEma @7639.
30 Min. RSI near over bought zone.
BAH = Buy And Hold.
SOR = Sell On Rises
@Marina,
it is not 7518 it is 7618.
dear ilango sir plz viwe for TCS and hcl tech ..
Herry, sorry for jumping in between. How about your views on tcs and hcl.
Until unless we won't try, we can't learn. Just give a try. .. no harm
for tomorrow nifty may face resistance at upper T/L of channel in 7650-60 range
if sustains abv 7661 then may trgt 7660+140(ht of channel)=7800 near levels in coming days
@ ITFPD.
ThanX.
Master,
To EW eyes, lookin more n more like an Expanded / Irreg. Flat ??
Bearish WW update
BN did pt5 near 7663
trgts near 7590
Good and informative chart.
Free Commodity Tips
Day Low : 7618.15 Day High : 7647.65 Range : 32 Points Day Pivot : 7589 Hr. Pivot : 7634
Currently well above Day Pivot @ 7589.
NS hovering around 7630.
NS in SOR mode in Hr. T/F & BAH in Day T/F.
Weakness continues till below Hr. HEma @7643.
More weakness below Hr. Lema @ 7623.
BAH = Buy And Hold.
SOR = Sell On Rises
@ shriram,
Day technicals are gaining strength slowly; as long as 7555-65 zone is held, rally towards budget day seems to be unfolding.
I see a small Exp. Flat in hour for the past few hours; a continuation pattern !
my contra trade gave -chillar-.it was based on hrly neg divergence and perceived resistance at 80%.
however no carry forward as day was strong and doesnt endorse a hrly carry forward.bye
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