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...
17 comments:
G.Afty Master & JN Family,
Finally some time to attend to the market
Pot. Bear Flag may trigg < 8061 NS. Combo wid EW & wot can 1 see ?
May be a ZZ , tat did a 5wave "a" & now done with a v shallow "b" ?
A 8142 8061 81
B 8061 8080 -19 -23.5%
C 8080 7999 81 100.0%
Have a gr8 day !
Raghavendra
I am also having same dilemma ON RETRACEMENT. One could be based on the last wave high and low. Another could be week high and week low. Last could be current week high and low.
Sir is the right peron to give us some guidelines. If we get the near right one, we can even extend to major stocks like ICICI BANK , SBIN, RIL, TISCO and telco.
Regards
SN
Dear sir,
Hows looking in EW count with JP ASSO.
plz give light view in this stock for dilvery
buz of bad time of good company buying opportunity
Regards,
Alpesh
@Sriram,
Invalidation Point ???
@ Prithvi,
Let the Bear Flag trigger 1st, then we can think of invalidation pt
(holding form as of now wud be EOD close > 8077 NS, the Dev.DHiEMA)
BNS is flirtin wid its St. 5DEMA, EOD close < 15,972 & it will prolly sink another 200 pts ...
May b that may trigger the "C" in Nifty ?
ICICI rocks now BN getting steam from ICICI
crossing of 8091 make it back in to channel
This is good for all traders and very informative. And i am sharing this to all my friends.
Nifty Future Tips
HI dear Sir,
plz give light Ew count HInt of JP ASSO.
Regards ,
Alpesh
nope.. NS , BNS in no mood to indulge today , prolly gonna close > Dhi & DEMAs respectively
Have a nice day all !
@Alpesh
Go with NIFTY Count
Trade in nifty like JP
Above 8110 bulls firing
good evening master
If u assume 5 started from 8061 then 5th=1.618 of 1st so 5th target = 8199.. 5th can be equal to 3rd also but OI not supporting... 5th can be truncated as well... Correct if Im wrong..
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