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:
thanks master
@Master.
look like c-3???
7955 also ND Sir's ATR breakdown target
Day Low : 7950.90 Day High : 8044.90 Range : 94 Points Day Pivot : 8050 Hr. Pivot : 7975
NS below OK ( Octa Kilo = 8000).
Currently hovering around 796.
Cluster support 2 for aggressive trades @ 7985 broken.
GAP @ 7967 FILLED.
NS below Day Pivot @ 8050 displaying bearish trend.
NS in SAH mode in Hr. T/F & SAH mode in Day T/F.
Strength returns above Hr. Lema @ 7997 & Hr. Ema @ 8006.
Weakness continues below Hr. Pivot @ 7975.
SAH = Sell And Hold.
G.Afty Master & JN Family,
1Std.Dev rule time again ..
Trading > 50pts below Dev.DLoEMA, inivtes a 68% chance that Day's low is done in the range 7930-70 (with Mean of the Bell Curve @ 7950) !
Dear Sir
In lead indicator chart 4 started from 8180 so 38.2% comes as 7935 Nifty low 7944 so can there is possibility of 5 starting???
loot gaye hum 5th ki chhahat main
@ Prithvi Raulji ,
8020 was 20 dsma this morning.
Prices paused there for a while.
Chart had suggested of "invalidation of (5)th" below 20 dsma.
Once you start to see 3's & 4's, (3)'s & (4)'s, it is trading time.
And when you see -ve divergences in week, one should keep ready with tsl.
Entering the Next Cluster support.....and it is a broad range...
Ilango said...
7856-7929 is the next reliable cluster support.
September 16, 2014 at 1:38 PM
Got support at 80% of 7862 to 8180?
I am not sure but may be ABCD pattern us in making and D point may form at 7890 aprx. If sm1 can validate this then wud b great.
A 7837
B 7540
C 8180
D 7890??
Day Low : 7925.65 Day High : 8044.90 Range : 119 Points Day Pivot : 8050 Hr. Pivot : 7956
NS well below OK ( Octa Kilo = 8000).
Currently hovering around 7935.
GAP @ 7967 FILLED.
NS a Century below Day Pivot @ 8050 displaying strong bearish trend.
NS in SAH mode in Hr. T/F & Day T/F & SOR mode in Week T/F.
Strength returns above Hr. Lema @ 7979 & Hr. Ema @ 7987.
Weakness continues below Hr. Pivot @ 7956.
SAH = Sell And Hold.
SOR = Sell On Rises.
@master,
is c-3 finished now and 4th bounce start???
80% at 7925.60 also gone
It looks like 5 done from 8059.
But only 3 done from 8114.
Sub-waves could deceive; hence, trail for the last fall from 7972 to identify minor strength; Major only above the last fall retrace from 8059.
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