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...
32 comments:
Nifty below 7830 & BN below 15250 get momentum...
Both are Hlema
sellers relentlessly trying to press Nifty by way of NF addition Bet.7885-7871.Almost 80,000 O.I.added in last 15 minutes..Crucial time for both parties..the winner has the chances to show either new high or low for the day.Let us see...
@ GS : may wish to see prices @ 9:16,11:22, 12:24, 13:00 hrs ..
any price < 7824 invalidates this form (quite likely as of now)
Day Low : 7824.20 Day High : 7869.90 Range : 45 Points Day Pivot : 7879 Hr. Pivot : 7841
NS a Century and Half below OK ( Octa Kilo = 8000).
Currently hovering around 7830.
NS below Day Pivot @ 7879 & below Hr. Pivot @ 7841 indicating bear grip.
NS in SAH mode in Hr. T/F & in Day T/F.
Mild Strength returns above Hr. Ema @ 7849.
SAH= Sell And Hold
Grinder stop by MAM Sujata... Ha ha ha
next to see 7790 & 7730
Followers of JNSAR :
Day Low : 7815.75 Day High : 7869.90 Day Range : 54 points
NS trading a Century and a Half below TODAY'S JNSAR @ 7970.
Much Below Hr. JNSAR @ 7858.
Continue SHORTS INITIATED on 30th Sep by reversing Longs @ 7991 with part booking /
comfortable trailing SL.
NS currently hovering around 7819.
Note :
Strict SL is a must for all trades whether Short or Long.
@shri ram 1 more q ,a few days back spotted a pattern (hs)on nifty charts ....tried to trade it post trigger however it reversed ,i was checking the nifty future charts and the pattern was present but did not triggered on nifty future charts..........
Dear Ilango Sir & friends,
+ve WW on 5 min NIFTY chart?
Thanks
@ GS: due to variations in Prem. of NF across series, i pref. to seek triggers based on NS
The i-HnS is out now and a +WW has formed, 1-4 tgt is 7860 (intra chart)
+ww formed and triggered in 2 mins chart. 1-4 line tgt at 7860+
http://prntscr.com/4u5643
Shri ;-)
Nf high volume trades done in lows
http://awesomescreenshot.com/06f3mcb081
Thanks shriram & prabhanshu..
Sir,
Do you see positive divergence building in MACD hour chart?
+WW tgt done at 7867
Tisco superb.. 455..
Weekly support bounce..
brijsolution,
generally I dont go with big brokerage house views but CLSA has given TISCO tgt of 600
Prabhu... so is it valid tgt of 600 ?? what about your chart ?
461.50 imp to cross
Again heading towards new low? this time for NF ? Let us see today & tomorrow..Bye...
Nifty looks closing daily doji candle..
So tomorrow today's high & low imp..
Market is market is market, hv a nice day all :-)
3.00PM TT & Charts Updated..
seniors, why has the premium in nf shot up to more than 50
Brijsolution,
There is still doubt whether 5 are done from 195 or not. Quite possible that truncated 5 is done at 574. But, 1st wave high is at 435.50 and today's low is at 435.60. Till 435.50 breaches, 5th may remain in contention.
Pattern wise, today's day candle is forming Bullish Harami Pattern.
In Hour chart also, there is positive divergence which might have triggered upmove.
It is closing above all emas in hour chart and above dlema in day chart.
Have not analyzed in terms of emas much but if you can add that as well will be good.
Day Low : 7815.75 Day High : 7869.90 Range : 54 Points Day Pivot : 7879 Hr. Pivot : 7849
NS a Century and Half below OK ( Octa Kilo = 8000).
Currently hovering around 7840.
NS below Day Pivot @ 7879 & below Hr. Pivot @ 7849 indicating bear grip.
NS in BOD mode in Hr. T/F & SAH in Day T/F.
More Strength returns above Hr. HEma @ 7864.
BOD = Buy On Dips
SAH= Sell And Hold
yes ...
only now DHEMA is 463.50... which only concern..
Nifty reversed according to my view lets see what happens tomorrow
Now IHNS in 5 min chart with neckline at 7870?
http://prntscr.com/4u5cka
Followers of JNSAR :
Day Low : 7815.75 Day High : 7869.90 Day Range : 54 points
NS trading a Century below TODAY'S JNSAR @ 7970.
Continue SHORTS INITIATED on 30th Sep by reversing Longs @ 7991 with part booking /
comfortable trailing SL.
NS currently hovering around 7840.
Note :
Strict SL is a must for all trades whether Short or Long.
Bye to All.. Have a nice day
Have a superb.. day, bye to All...
Post a Comment