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 : 8030.00 Day High : 8077.30 Range : 47 Points Day Pivot : 8097 Hr. Pivot : 8049
NS above OK ( Octa Kilo = 8000).
Currently hovering around 8051.
NS below Day Pivot @ 8097 displaying bearish trend.
NS in BOD mode in Hr. T/F & SAH mode in Day T/F.
Strength returns above DLema @ 8059 & Hr. HEma @ 8064.
Weakness returns below Hr. Lema @ 8047.
SAH = Sell And Hold.
BOD= Buy On Dips
Keep selling bn puts and become rich.
expect new low near 8015
If BNF closes above 16277, we R still good for Higher trgts. bye for now
Close below DLEMA and JNSAR --> Bearish
PCR also down --> Bearish
RSI OS in hourly --> Bounce possible
Sir the count which plotted some doubt in that.. if 1st wave is 7540 to 7968 =428 points 2nd wave is 106 points 3rd is 7862 to 8180 = 320point short than 1 and 4th wave 8180 to 8030 = 150 point
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