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...
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Day Low : 7937.80 Day High : 7987.60 Range : 50 Points Day Pivot : 7935 Hr. Pivot : 7964
NS below OK ( Octa Kilo = 8000).
Currently hovering around 7978.
NS above Day Pivot @ 7935 & above Hr. Pivot @ 7964 indicating bullishness.
NS just shy of 1st resistance @ 7989-8001 for aggressive trades.
NS in SOR mode in Hr. T/F & in BOD in Day T/F.
Strength continues above Hr. HEma @ 7970.
SOR = Sell On Rises
BOD = Buy On Dips
Followers of JNSAR :
Day Low : 7937.80 Day High : 7987.60 Day Range : 50 points
NS trading 3 Quarters of a Century below TODAY'S JNSAR @ 8042.
NS above Hr. JNSAR @ 7922
NS above Day's pivot @ 7935 & above Hr. Pivot @ 7964 indicating bullishness.
Continue Shorts initiated on 23rd Sep around NS 8049 with comfortable TSL.
NS currently hovering around 7968.
Note : Strict SL is a must for all trades whether Short or Long.
Good morning Master. Just what is meant by another companion on the way. YOU MASTER ARE THE ONLY COMPANION ON THE WAY. Can any person replace you??? NO Never.
Good Morning Master and Friends.... Master nifty has saved 7840 last week (4th wave)...but bank nifty has negated the 4th wave view.... since weekly trend has also turned down shall we negate the 4th wave possiblity in nifty??????
Good Morning to Ilango Sir and Friends.
Sir, still we need companion like you.
test
Lets looks for @8001 ,@50% of 7842 to 8160
Dear Ilango Sir & Blogmates,
OI Table Update at 11:00AM, Pivot-7996, S1-7934, R1-8094, VWAP-8010
Game on to fortify the 2 extremes at 7800 and 8200, with OI of both around 50 lacs, intraday small advantage to the 8000PE writers…
Thanks & Regards
Also indicators are in OS zone,need to comes near 70-80 % back
Day Low : 7937.80 Day High : 7987.60 Range : 50 Points Day Pivot : 7935 Hr. Pivot : 7970
NS below OK ( Octa Kilo = 8000).
Currently hovering around 7971.
NS above Day Pivot @ 7935 & above Hr. Pivot @ 7970 indicating bullishness.
NS just shy of 1st resistance @ 7989-8001 for aggressive trades.
NS in SOR mode in Hr. T/F & in BOD in Day T/F.
Strength continues above Hr. HEma @ 7973.
SOR = Sell On Rises
BOD = Buy On Dips
Followers of JNSAR :
Day Low : 7937.80 Day High : 7987.60 Day Range : 50 points
NS trading 3 Quarters of a Century below TODAY'S JNSAR @ 8042.
NS above Hr. JNSAR @ 7932
NS above Day's pivot @ 7935 & above Hr. Pivot @ 7970 indicating bullishness.
Continue Shorts initiated on 23rd Sep around NS 8049 with comfortable TSL.
NS currently hovering around 7970.
Note : Strict SL is a must for all trades whether Short or Long.
Sustain Above @7973 5SMA ,good move possible
sir ,
history say's that september mnth never closing against the major trend , so it is chance that nifty close abv 8020
Sorry Typo Mistake
7974 5DSMA
7900PE has highest volume for the day so far but negligible change in OI.
http://www.niftytrader.in/nifty-volume-traded/
Anyone has an opinion on it?
New Post Done.
Arvind Mill Entering in 5th wave
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