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...
16 comments:
Followers of JNSAR :
Day High : 8127.70 Day Low : 8064.80 Day Range : 63 points
NS trading well above TODAY'S JNSAR @ 8049.
Continue LONGs initiated on 18th Sep with partial booking / comfortable TSL above 8071.
Don't try to board a running train.
NS below Day's pivot @ 8129 indicating bearishness.
NS currently hovering around 8118.
Note : As JNSAR is 2 days, chances of whipsaws are remote.
Still strict SL is a must for all trades.
@ Prabhanshu ji,
Yes - closing above High EMA's is always bullish for me. TT 100% green @ 2PM close.
Fall from 8161 to 8065 looks a clean 3 wave to near week pivot.
Ilango sir's count on BN shows a 2nd wave ending possibility at opening lows.
Day Low : 8064.80 Day High : 8128.85 Range : 64 Points Day Pivot : 8129 Hr. Pivot : 8116
NS a Century above OK ( Octa Kilo = 8000).
Currently hovering around 8126.
NS below Day Pivot @ 8129 displaying bearish trend.
NS in BAH mode in Hr. T/F & in Day T/F.
Strength Continues above D HEma @ 8113.
Weakness returns below D Ema @ 8090.
BAH = Buy And Hold
Thanks Ragha ji. 80% also gone...waiting for above 8161
Day Low : 8064.80 Day High : 8147.70 Range : 83 Points Day Pivot : 8129 Hr. Pivot : 8116
NS clears hurdle of Day Pivot @ 8129 & turns fully bullish.
@ Sai kadam
Morning i went out on some personal work, hence no updates.
Day Low : 8064.80 Day High : 8155.00 Range : 91 Points Day Pivot : 8129
NS clears hurdle of Day Pivot @ 8129 & turns fully bullish.
Next hurdle for NS is high end of Cluster Resistance @ 8161 for aggressive trades.
looks like final 5th
I am not liking this red abc ABC.... guys pls push nifty above 8161 and get day close above it.. as per Sir, this is the resistance standing between bulls....pushh
Is this a valid INHS
http://awesomescreenshot.com/0b33izdla4
CAN ANYBODY JUDGE THAT
IS FII IN BUY OR SELL TODAY??
MY VIEW SELL
Does it look like a 5 - waves from 8159-8140.50 ?
How to judge big 3rd wave is complete in nifty
@Shreya Punneth,
When 8266 comes it may occured
Day Low : 8064.80 Day High : 8159 Range : 95 Points Day Pivot : 8129 Hr. Pivot : 8143
NS a Century n a Half above OK ( Octa Kilo = 8000).
Currently hovering around 8146.
NS closed above Tomoro's Day Pivot @ 8125 displaying bullish bias.
NS in BAH mode in Hr. T/F & in Day T/F.
Strength Continues above D HEma @ 8124.
BAH = Buy And Hold
looks like 3rd of 5th started and it may complete at 8350. Short once it comes to 8350. AND after that ABC will end at 6700.
Is this a possible INHS?
http://awesomescreenshot.com/0383j00927
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