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...
9 comments:
Respected Sir and blogmates,
Very Good Morning
JNSAR touched twice at 7675.
Good morning Ilango Sir and all the Blog mates!
A 5 done from 7599 to 7691(truncated 5th @ 7676)
7656 7645 ... is 38%-50% retrace of the last rise from …… 7599 to 7691
80% is - 7617
If strength to return again, it should be around 7656 7645
Weakness gets confirmed Below 7645 OR 7617
Change the google chart setting to "Line", you'll see the 5 from 7599 to 7676.(7691)
respected llango sir
when time permit pls give your valuable reading EW view on hdfc as it is trading near its recent high of 1092 and jnsar triggered at 1040
Dear Ilango Sir & Blogmates,
OI Table Update at 11:00AM, Pivot-7634, R2-7674, R3-7714, VWAP-7678
The 7600 Level is on the verge of taking over as the Best Support, Staying above 7681 NF, the week will Turn Positive and more upside possible…
Thanks & Regards
@vishnu yu have options
1- take lngs with usval sl criteria
2- wait fr nifty to close abv Dhema or pivot
Then take
3- take longs tomaro in corection(61.8) in direction of jnsar - all the best
Bhel in 60 mins chart, +ww triggered at 218.80 where 1-4 tgt line is at 300+. SL as usual close below 218.80 on 60 mins closing basis.
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