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...
28 comments:
,@ brij
masters tech table has proved so effective ..i have seen it before us fed big announcement ,i had seen it before a couple of another major events....problem with someone like me is ...i cant trade with no mind gets distracted by noise
Sir, Day High is 7924
7890 7881 ... is 50%-61.8% retrace of the last rise from …… 7855 to 7924
80% is - 7869
If strength to return again, it should be around 7890 7881
Weakness gets confirmed Below 7881 OR 7869
btw a test of day lows is on cards ....also agrees with prabhanshu view and the 2.30 effect mentioned by another blogmate
fast fall on 30 mins?
Seniors please advise
Master considering last day of week any chance you see for
Weekly trend assertion below Week Low EMEA?
We need close below week low ema also..
Monday IIP effect will also come
This month looks full of event..
Election.. Diwali..
in nf my order triggred 7895.. which price not seen..
Start something in movement
Brij your which order trigered nifty buy or short?
today nifty dharna on 7880 .....
Hemanth what pattern told you for fast fall can you please share
@ UNKNOWN... I shorted for intraday @ 7915.. For which i placed order 7895 for buy..
which is triggered very early without price seen.
same thing happen in BN... last week... i bought & it was triggred above 90 points sold which never candle made.. up to one hour,, after that priced real reached
It has paused at 7869, 80%; more weakness below it.
Until then,
7897 7903 ... is 50%-61.8% retrace of the last fall from …… 7924 to 7870
80% is - 7913
If weakness is to return, it should be around 7897 7903
Strength gets confirmed above 7903 OR 7913
@Master
retracement post are for intraday only?
is it helpfull for jnsar trades?
thanks.
If prices manage to hold the last rise retrace at 7876-94 or 50 dsma-7912, relief rally would continue towards WHEma. -----premarket view
Thanks to the Master and this blog I booked my longs near at 61.8% retracement level.
good news guys ....indian child right activist wins nobel peace price ...Kailash Satyarthi
working against child labour For 2 decades SALUTE GOD BLESS
Can nifty fill Gap ? which made on yesterday.. 7945
@ anmpatel
Morning's fall retraced almost 61.8% at 7924 and the fall resumed. JNSAR trader could use these retrace to initiate trades due to adverse gap downs..
@master
ok. but i reversed as opening itself. if someone wait for retrace but what if did not came?
that's why i asked the question.
day lows tested ,close below wlema banta hai....boss
@master
one more about green B
if 80%-7847 rise from 7816-7972 break then only it will remove and the red lable will count? is it?
thanks.
Prabhu...Tata steel closing looks below all lower ema.. Very very week
Gap filled of yesterday.. by nifty
dear ilango sir 80% held can b done ans plz..
@ anmpatel,
I would remove it if it breaks 7785-7800 zone.
@ FNO HOUSE,
Pre-Market View:
If the rise from 7816 to 7972 is "a" wave, the fall from 7972 would be "b" wave, if not the resumption of downtrend..
=================================
"b" wave could retrace, in a flat correction, more than 100%; Hence, I stated above that 7785-7800 would decide whether "b" wave continues or ended.
Sir...
Nifty & weekly both candle Doji,,
Due to IIP & WPI data ??? waiting for more confirmation ??
Post a Comment