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....
-
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...
43 comments:
good morning ilango sir and blogmates
-ww visible in 5 min target 7680 approx
2-4 line break confirmation below 7720
Any views on SBI - it has corrected from 2800+ to 2400.
Hi sir,
Lead indicator in Highly over bought region .Sell now or wiat to break 7695?
Newer LOWS for BNF below n sustaining below 14965. current resistence at 14990 which is the 50%@ retracement av the current subwave
August 13, 2014 at 12:19 PM
one cud eithr buy at 14965 n play the retracement or go further shoer below 14965
@vksoni sir,
could you share the coordinates of -ww?
Expect sum VOLATILITY soon
sonu sir,
pt 1-7634
pt2-7599
pt3-7691
pt4-7661
pt5-7757
80% retrace is at 14996. n 100% at 15005 on BNF
UNless BNF sustains 14996 -15005 zone,and stays above this it is READY to TANK
Advances = 377 Declines = 994. But Nifty is up. What does that mean?
@vksoni sir,
Thanks.
My understanding for -WW was that point 4 should be below point 1. So that it can take a shape of rising wedge.
G.afty master n jn family
Long time away. And gettin busier by the day :-)
Just dropped into say hi .. hv a gr8 day !
following r thr Retracements for the current wave on BNF. 15005 - 14965. 20% = 14965. 38% = 984. 50% = 990. 62% =996. 100% = 15005. shud tank to 14914 below n not sustaining 14884
ns correction -below 7710
Dear Sir,
Considering the OB hour and a truncated week could we have weekly trend assertion later today or tomorrow?
Thanks
The current wave as per my understanding is not over yet. It is yet subdividing. expect it to be over CURRENTLY only around 14916-14922 zone
we R below 7725 SPOT. 7690 on the way if it does not sustain above this
SOME NEGATIVE NEWS????
BNF hovering at 123.6% Retracement of the last fall from 15005
Dear Ilango Sir & Blogmates,
OI Table Update at 1:00PM, Pivot-7723, R1-7782, S1-7689, VWAP-7745
The PE writers are able to hold 7700 Level, but the broader market looks very weak and immediate Strong Resistance at 7800…
Thanks & Regards
BNF has done 138.2%
A fast RISE SET UP ON BNF above 14914.
follow r the retracements for the current wave on BNF15005 - 14890 DUN.
20% =14913
38% = 14934
50% = 14947.5
62% = 14961.05
80% = 14982
seems like da wave is still unfolding. not dune yet
Ilango said...
At Pre-Mkt's res. @ 7757. ; also at previous cluster resistance - 7749-55.
Strength above these.
August 13, 2014 at 10:11 AM
=============================================
Ilango said...
7706 7694 ... is 50%-61.8% retrace of the last rise from …… 7655 to 7757
80% is - 7675
If strength to return again, it should be around 7706 7694
Weakness gets confirmed Below 7694 OR 7675
August 13, 2014 at 11:08 AM
==================================================
HDFC supporting to Nifty
Crossing of 7741NF , strenght
What SIR has taught us has never been proved wrong. I guess ONE juss needs to have a SHARP EYE to catch the waves n den its as easy as ABC
Strength above 7728-7738?
7728 - 61% - resisted and falling
7700 put 9 lacs o.i. added
BNF becomes highly BULLISH on the sustainence of 14940. it must stay above this
Is SBI a SELL at this level, any guidance?
@Hitendra,
NS trend is UP,Major trend UP,
So looking for buy in stocks (which is in UP trend)
Don't short in Uptrend
Friday,15 August,
Holiday in in Market, So today's some scary moves done.
Reform comes in Banks
LLANGO SIR
PLS PROVIDE NEW POST
"reform comes in banks" - is there a RBI meet scheduled?
@ sir,
7700 put bought or sold?
JKBank tanked big time today
New Post Done.
@Hitendra,
Looking at the major trend,
It is need to change bank policy and most of banks gets steam in coming days
Rajan makes it coming days
Sabka Maal Loot liya lootero ne
Sir BN JNSAR for tomorrow?
Post a Comment