By falling below 3600, Nifty has entered into a new trading area where the range is likely to be 3600/ 3550 to 3000 / 2950 /2850.
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 ... -
I 'll always be there for you. To make you feel that you're secured. And even if the rain is pouring hard and the sky is almost dark... -
Trading strategy that works wonders besides the supports & Resistance is " Retracement strategy ": The strategy that has wor...
4 comments:
I was just thinking about our market discussions over 2 yrs, with you and J, Ilango ... a year ago we couldn't have said 'Nifty will fall to 2900' - it was unimaginable in the wild ride to 6000+!!
How quickly things changed for the naive investor and how excrutiatingly obvious it was for experienced market watchers.
Dear Mr. Ilango,
My comment is not related to your current update.
In one of your previous comments to Mr. Sunil (of TIMAMO), you had mentioned that Mr. Vivek Patil's views are not accessible to general public.
Actually, you can view the same, every week, by following the path given below.
http://www.icicidirect.com/ -> Market -> Market Watch (Technical Analysis)
Mr. Patil updates his views every monday.
Hope it helps.
With Regards,
P.S. - Sometimes, you might get error message while accessing the page. Retry, it again, later.
Hi..Praveen,
Wonderful.Thanks a lot. You have again extended a very valuable link.
Though Vivek's views are a bit complicated, he gives a very unbiased one. And he regularly posts very valuble strategies which only an experienced hand can do.
Thanks again.
You guys are Saints of Stock Market> Wonderful effort.
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