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...
28 comments:
A small IHNS can be seen in Nifty 5 min spot. Neckline at 7894.50. Diff between head and neckline is aprx 30 points. So, aprx upside due to this IHNS can be till 7920
Sorry typo error "aprx upside due to this IHNS can be till 7924"
Sir your view on SBI pls .
need some time to overcome 900 oi
Good morning prabhansu sir, after IHNS 7924, -ww will continue .typing from mobile
Goodmorning Ilangoji,
I have one clarrification
Yesterday on ‘Nifty Intraday Update-I’, You posted....
As long as 34 Hr sma is protected, uptrend continues.
If prices, after breaking the hour channel, fails to move back into the channel.....
If prices, by EOD, closes below DHEma....
then "trading mode" comes into play between HEma to LEma..
I see this trading method in your daily chart also. I have been following this from last 2 months and see it working very well. But unable to link to JNSAR
My question is..
Is this upgraded version of JNSAR trading? In this trading method, I don’t see role of JNSAR. Please correct me if my understanding is wrong.
In one of your writeup, I did see that you wrote ...if price and/or JNSAR comes in between DHEma & DLEma, its trading mode..
Please clarify the role of JNSAR in this particular trading method
Kizar, -ww didnt trigger till now.
Sir how to check in simple terminology I'm poor in calculations
-ww or +ww
@ Rajesh Singh,
JNSAR trading is based on Day T/F and is for positional trading.
21 & 34 Hr smas and other technical analysis discussed in Pre-Market "everyday" is for day trading.
When you find some views are counter to JNSAR trend, choose only those that are in the direction of the trend. The re-entry strategies are listed in the Pre-Mkt's trade table.
JNSAR, SAR Trading is one method of making trades.
There are so many methods are available in the market. Whatever you choose, follow that method, accepting its flaws and expressing gratitude to its strengths. It is wrong to compare two methods. It may be fun filled debate but in the trading arena, to make money consistently, you have to be firm with your convictions.
I flow with the market and most of my pre-mkt observations are "nothing to do with JNSAR".
Dear Ilango Sir & Blogmates,
OI Table Update at 11:00AM, Pivot-7896, R1-7910, R2-7930, VWAP-7907
The 7900PE writers on overdirve and making sure that the level is held for the day, Buy all Dips toward 7895 NF…
Thanks & Regards
11.00AM TT & Chart Updated.
Sir, 7865 till 7920 => 5 waves?
Thank You Ilangoji
Oops, jz saw updated tt. Thanks.
Kizar, Shriram had shared book on wolfe wave in JN group. Just go thru it once. Probably you may understand very well abt ww post that
can we say abc 4 done at 860 ?
sir
Why retrace from 7892?
sir,
can expect " rollover pressure" here?
which bring nf towards low again in trading mode.
Bulls aggressively marching to capture 7900. BN holding Nifty tight.
Bears beware. Very close contest at 7900 for now.
http://www.niftytrader.in/live-nifty-open-interest/
Sir your view on SBI pls .
RIL barely standing at 20% of its EOD fibo
1000/10 is the 20% fibo on RIL
Dear Rajesh Singh, only Ullu banoing..ullu banaoing..
GM Master,
"Rollover Pressure" in Premarket what does it mean, as nifty makes day high near 7923 ?
Dear ilango sir BN tow month high 15726 and today high 15722 so resistance ...? stock wealth....resistance 15735...B wave is unfplding...?
The fall may not sustain if 7900PE stays strong.
Keep an eye on 7900PE for early signals:
http://www.niftytrader.in
New Post Done.
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