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:
In Daily Chart
MACD Trigger Down
The strategy that has worked consistently well with low risk-high reward ratio is "Initiating a trade at 50%-61.8% retrace with 80% as SL". Adapt to it.
Bearish:
8093 8101 ... is 50%-61.8% retrace of the last fall from …… 8128 to 8057
80% is - 8114
If weakness is to return, it should be around 8093 8101
Strength gets confirmed above 8101 OR 8114
Dear Ilango Sir & Blogmates,
OI Table Update at 11:00AM, Pivot-8113, S1-8078, R1-8155, VWAP-8111
A small 30 points range bound day till now, goes perfectly with the OI addition, whosoever takes control of 8100 can see a minimum 100 points move….
Thanks & Regards
PCR rising with Nifty fall is bullish. But PCR is still below the 1.17 trigger mark
http://www.niftytrader.in/nifty-intra-pcr/
Good Morning Master and Friends... Any views on TATASTEEL?
a dip to 8045 possible now....
If bears win 8100 battle, it cud be 100 points down as suggested by Shriram Sir.
On the higher side, it won't be easy going above 8150.
http://www.niftytrader.in/nifty-live-change-in-oi/
GM Sir and friends.
Sir, us nifty forming expanding triangle in 60 mins chart? I have taken below chart is of 15mins for better clarity.
Expanding triangle, hns and cldown channel in which is moving down and just got resisted at 8093. Pls suggest on expanding triangle.
http://prntscr.com/4m0ujx
New Post Done.
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