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...
33 comments:
Master -- Whats the approx value for iv??
@Crore -- Congrats :) @ Master -- BIG THANK YOU
Sir
If time permits pls post nifty spot volatility value's link from NSE website
Thanking u.
Afternoon Everybody
CONGRATS!
Guru, how many of them are participating in this rally?
Last rise from 7785 or 7773?
jalasa karo ...........bhai jalasa..........enjoying new high......
Hope all JNSAR-IANS :)
Sir, any target upside for breaking up 7809.. Thanks & regards..
@Crorepathi,
Updated my trade against my blog. Just wanted to let u know that I participated.
@Master,
Jai Ho.
@ Raman Kapoor,
From 7773, a "iiird wave in progress..
(7773-7797.8; 7797.8-7785.45; 7785.45 - 78xx...)
ITradeForProfit Daily
:)
Hope BN also follows Nifty and scales new height!
Hi all,
The + ww triggered at 7477, now its 1-4 line tgt is around 8100
Prabhanshu Sir,
Time Period??
@Prabhanshu Raman -- on a lighter note ---- when everyone is demanding correction, Market has its own method to answer :P .. now everyone should be looking for 8k lets c what Market does
@ Crorepathi,
Folks following JNSAR should be enjoying the trend :)
IDFC Seems will be closing below 158.05
I was in short position till now, Exactly at what level can i initiate a fresh long ?
dear ilango sir nifty is runing sub iii wave and banknifty is not above last fall 80% banknifty is wave is unfolding...?
stock whelth update is 5th is done and a,b,c of A is done now B is unfolding...?
Cabinet passes bill to hike FDI in insurance to 49%.
Jittery- no idea on time wise. ..still big zero..
Guru ji- he he.. I just follow the patterns.. but still who followed this from 7477 till now. .much appreciate power of ww. I my self booked out around 7700 seeing over bought conditions. .. now repenting. .
True Raghav,
There's no friend like JNSAR, same time there's no worst enemy like JNSAR.
if not with JNSAR at least do not be against JNSAR, will be decimated for sure
@Prabhanshu -- my 2cents---Trailing it is the best way, let market decide where you need to turn.. next, what is the trailing number -- Now don't tell me people are not reading the "pre-Market" view....:)
out of 12 lac intra NF shorts ,4 lac shorts are covered now,and still 8 lac intra shorts are there in system...indicates further high up to 3.30 PM.
@Master -- Intra small -ve divergence seen.. can this be some kind of 5th ending?
@ All and Newcomers,
A quick stat on JNSAR trades for the year to date is as follows for 1 lot without partial profit booking and taking JNSAR on "closing" basis for every day
# Trades : 45
# Trades lost : 30
# Trades gained : 15
Total net points : 1224 ( excluding the current running trade ).
# Points lost in losing trades: 695
# Points won in winning trades : 1919
# Trades with 500 pt gains : 2.
# Trades with 100 pt gains : 5 ( 500 pt trades included in this number )
Unusual year with very less number of trades with 100 pointers - implies that we had 2 strong trends in the year back in March and May. June is where JNSAR has hit badly with loads of stoplosses.
@Raghavendra -- Thank you for all the effort :) "Stats" speaks all
For BN traders :
Prices closed above developing DHEMA @ 15501. Below HHEMA @ 15534. Below Dev WHEMA @ 15556.
Out of the 3 BN heavy weights, i follow - ICICI Bank will end with closing above DHEMA, SBI below DHEMA above DEMA, HDFC bank on the line. Need a close above 842.77 to be UP with Momentum.
@ Prabhanshu Raman,
Why booked out fully at 7700? you should keep one lot live till the breach of pattern.
And if you have already booked profit till 7700, you can again take long with the risk of profit already earned. If you have taken long even after crossing of 7700, you would have been in profit....and if stop loss hit ...and loss incurred in that trade...the loss would be in your profit already earned ....not in capital.
@Prabhanshu - If idfc has a cat on the wall situation here,(around 158.20) can it be said that the pattern failed?
@Raghavendra,
Thank You so much for compiling this JNSAR trade and putting it here. This do help in building confidence in new follower of JNSAR like me
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