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....
-
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...
25 comments:
Nifty PCR above 1:
http://www.niftytrader.in/nifty-intra-pcr/
Sonu..
above 1 mean neutral or bullish ?
It means bullish.
@brijsolution,
Early signs of bullishness. Above 1.04 needed for confirmation.
Thanks.. gajendra & Sonu..
So for weakness now below 1 require.. Am i right understand ?
20 points more to go for gap fill for nifty
Dear Ilango Sir & Blogmates,
OI Table Update at 1:00PM, Pivot-7902, S1-7855, S2-7824, VWAP-7838
Pullback is on with the index covering more than 50 points from the lows and the 7800PE writers gaining strength with highest addition right now, resistance around 7886NF…
Thanks & Regards
Prabhu,,,
Your positive diver..Observation working well..
BN.. good recover & now in positive
GA Master,
Red count of i, ii, iii is now invalid as bounce from today low breached the 7854 level in above iiird chart?
@master
what is the value of red (i) from 7872? is it negated?
thanks.
@master
sorry...itis from 7972.
is that true sir?
minor bounce can be expected once price trades above gap for few minutes
prabhanshu what are the +ww targets
Nifty SAR shorting not giving room for bears. BANG BANG
Gs, 1-4 line is 8000+
Prabhu.. ohh then one more time short trapped ?
thanks prabhanshu...
minor bounce came after staying above gap
Either PCR is a lagging indicator or market is just eating all the stops... Fun should begin after 2:30 pm
master is it ok to initiate fresh shorts now that we are near 21,34hr sma or we wait
Na bulls ki na bears , yeh market waqt ki hera- pheri hai. IIP is .4 lekin sab achaa hai.
One more scenario possible: I am missing something in reading PCR. Anyone has an opinion?
http://www.niftytrader.in/nifty-intra-pcr/
@sonu was about to ask your opinion how far you trust this bounce
@lazydude it looks like election results will provide the trigger
New Post Done.
Post a Comment