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...
14 comments:
-ww which triggered at 7720, has its 1-4tgt line at 7515 aprx.
Sir, Support Line joining lows at 7216 & 7422 comes near to 7541 (close to wlema). Can we see bounce from here?
Bb - tisco confusing me. Rite now my view is:
5th started from 494
Ii 494 to 572
A.ii 572 537
B.ii 537 569
C.ii 569 xxxx
533 & 523.6 are 50 & 61.80% retrace values for the rise from 494 to 572
Thanks for the update Prabhanshu
7570 7573 ... is 50%-61.8% retrace of the last fall from …… 7586 to 7553
80% is - 7579
If weakness is to return, it should be around 7570 7573
Strength gets confirmed above 7573 OR 7579
1.00PM TT & Chart Updated.
7551 7554 ... is 50%-61.8% retrace of the last fall from …… 7562 to 7540
80% is - 7558
If weakness is to return, it should be around 7551 7554
Strength gets confirmed above 7554 OR 7558
7500pe still holding. Wlema tested... good to watch now
We may recover now as sbi result is looking better
@Ashutosh,
Market not depend only on sbi,
Still NS trying to making bottom for next big upmove
@Ashutosh,
Sbi positive only if trading above 2465
Experts Shriram,Sujatha -vacation?
Shriram sir has got new responsiblities in office and hence not able to devote time @justnifty ...
New Post Done.
My guess what Shriram would have said : ( joking)
1) Time to apply Bell Curve maths to Nifty Spot
2) low of the day -Dev.Dlo is 70 pts . THis is the mean of the Normal Dist.
3) 1st std deviation levels are x?!_)(X**
4) day low may be in 67% confidence level
Can't even immitate sriram's briiliance, but i have a gut feeling he would have said something like this :)))
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