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...
15 comments:
Gm sir
1 sugestion Plz, can fresh shorts be open at 5035-45 levels with sl of 5060?
Opening shorts at these level will be safe?
dear sir good morning pls observ this yahoo link
for intra day tradhttp://www.pagereboot.com/ie/?url=http://finance.yahoo.com/charts?s=^NSEI&refresh=30ing for nifty f&o
Hii Ilango sir, i m a conservative trader having no positions, according to the chart above i can enter shorts @ 5070-85 with SL 5092.If upper levels does not come, can i short if comes below 4990?
Hi Ilango,
I sent you e-mail kindly check it. Waiting for your reply.
Regards
Amit
HI ALL THANKS A TON TO ALL OF YOU SIR
hi ilango
i want to some help i don't how to mark the line between two points in grpah ,in new excel file.
thanks
Amrender Gill
Hi..bizagra,
Yes..You can sell @ 5070-5085 or at the break of the low 5001.80.
I have received many queries on the use of the chart. Will reply in general so that everyone gets to know them.
Hi..amrender,
Under "View" in excel file click on the drawing. It will the open up a drawing tool at the bottom of the file. you can find the drawing lines there. It works well with "office 2003".
bizagra,
I sense a snapper (Rally) coming towards 5060-5075 levels. But the Nifty looks like it is eventually heading towards low 4900s
SIR AS PER MY SYSTEM 5M CHART SAR IS 5030 AND 60MIN CHART SAR IS 5041,JUST A SUBMISSION
Dear Ilango Sir,
It would be helpful if you could provide us with the hourly values with Open, High, Low and Close so as to confirm that what we are retriving from charts is right.
Hi bizagra,
A small correction to my earlier observations:
I prefer to sell into strength for better holding comfort.
It is difficult to say exactly where the selling may emerge...5040-5050-5060 or 5070.
Some clue: Hour high ema @ 5046; Day low ema @ 5042
Please provide
Nifty spot for 16th December
sir sl for today shot?[ sir as per your view at 11.30 going for sell ?]
Hi..saravanan,
The alt. scenario marked in blue seems to be playing out. Accordingly with minor corrections up to 5015, it should head higher.
hi..madhav
I have updated.
sir
at times we get disconnected during that time we get the high low and close from your archives in the chart file every hour opening is also required so is there aweb site to refer previous hourly readings.
pls do help us sir
with regards
govindaraj
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