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...
21 comments:
Gap filling in nifty will start soon
Weakness when PCR falls below 0.98
http://www.niftytrader.in/nifty-intra-pcr/
Sir,,
In nifty below 7860 more weakness can see ?
Kumar ji, ww is wolfe wave pattern.
+ is bullish and - is bearish.
Be Ready for fall again
how to get reliance 1 hr historical prize
AGAIN 7930 SPOT IS PROTECTED
SN.. Bank nifty Down 100 points from imp point of breakout..
from last days BN outperform nifty.. Now time to see will underperform .. & leader of fall.. till not cross
Today's high.
@ Prabhanshu Raman ,
When in doubt, visit the "Line chart"; it suggests of 1,2,3 done and 4th underway for the rise from 7724.
Day Low : 7872.20 Day High : 7905.95 Range : 33 Points Day Pivot : 7774 Hr. Pivot : 7900
NS more than a Century below OK ( Octa Kilo = 8000).
Currently hovering around 7886.
NS a Century above Day Pivot @ 7774 & below Hr. Pivot @ 7900 indicating indecision.
NS in BAH mode in Hr. T/F & in Day T/F.
Weakness returns below Hr. HEma @ 7874.
BAH= Buy And Hold
Sir, thanks alot..able to see now :-)
Dear Ilango Sir & Blogmates,
OI Table Update at 11:00AM, Pivot-7814, R1-7876, R2-7934, VWAP-7916
The 7900PE writers have over their counterpart by a huge margin, and any dip towards 7900 seems like a Buy, Resistance still the best at 8000…
Thanks & Regards
PCR now below the trigger
Followers of JNSAR :
Day Low : 7867.90 Day High : 7905.95 Day Range : 38 points
NS trading above TODAY'S JNSAR @ 7872.
More than Half a Century above Hr. JNSAR @ 7817.
Longs can be initiated on retracement @ or around 7872 with Strict SL @ 7842.
NS nearly a Century above Day's pivot @ 7774.
NS currently hovering around 7869.
Note : As JNSAR turned long 4 hrs back only, Whipsaws r highly possible.
Strict SL is a must for all trades whether Short or Long.
wow...Now 7850-7860 next level to watch
@ MS Rao Sir,
What do you think about going long close to 7840 with JNSAR SL?
Sir - when you refer as line chart, which chart are you referring to for the 4th wave?
Day Low : 7858.05 Day High : 7905.95 Range : 47 Points Day Pivot : 7774 Hr. Pivot : 7888
NS more than a Century below OK ( Octa Kilo = 8000).
Currently hovering around 7864.
NS NEARLY a Century above Day Pivot @ 7774 & below Hr. Pivot @ 7888 indicating indecision.
NS in SOR mode in Hr. T/F & BOD in Day T/F.
Weakness continues below Hr. HEma @ 7884.
SOR = Sell On Rises
BOD = Buy On Dips
Followers of JNSAR :
Day Low : 7858.05 Day High : 7905.95 Day Range : 47 points
NS trading around TODAY'S JNSAR @ 7872.
More than Quarter Century above Hr. JNSAR @ 7835.
Longs can be initiated on retracement @ or around 7872 with Strict SL @ 7842.
NS nearly a Century above Day's pivot @ 7774.
NS currently hovering around 7872.
Note : As JNSAR turned long 4 hrs back only, Whipsaws r highly possible.
Strict SL is a must for all trades whether Short or Long.
@ Sonu ji,
By all means 1 can initiate longs in the range 7860 to 7872 with strict SL @ 7842.
Note : Dev. DEMA @ 7840, Next Hr. JNSAR @ 7835 r good supports.
Those little aggressive can have strict SL further down @ 7830 i.e. @ (Tomoro's JNSAR @ 7860 - 30).
NS currently hovering around 7859.
@Ilango Sir,
Pls throw some light on "how and what to read and interpret from this gap"
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