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...
14 comments:
SIR MAIL PLS.
illango sir,
still cant able to digest wave iv too shallow and such low time consuming one.
I still think this is iii of (V) of III...
Sir,
A small request. Please post the wave count of hour chart also.When both hour and day counts are present together it gives better understanding of what can be expected tomorrow. I shall try to follw the 5min chart with the help of hour chart labelling!!
@RG
Thanks for the earlier information on %deli.to tradeable querry but please throw some light on how to use it I personally think that this is a good tool to be judging our own investments for getting our own tips for short term investment. If you have derived to some interpretation can you please share?
Dear Ilango Sir, Seniors & all Blogmates,
I was not able to participate in trade from yesterday morning 10:30 am to till today, as i went to Tirupathi to get blessings of "Lord Venkatachalapathy". I got good darshan yesterday.
Yesterday in my prayers i was thanking Lord Venkatachalapathy for showing me way to Ilango Sir and JustNifty blog and blogmates.
But when i came to the blog a 30 minutes ago, i realized that i not only missed the trade, but also missed a great comedy. Anyway, seniors and friends gave him enough.
Sir
I have sent a mail. please clarify!
market ida for tommorow
rg sir,
was not at desk. dont have acces to charts
just came to check jn.
Illango sir,
As we are likely to open 20-30 points gap up...
should we short right at the opening? Or wait till it reaches
6300
Please suggest..thankyou
Ilongi - superb charts again.. these eod charts are very helpful to understand the
action of markets..
Hi all, missing daytime action due to my office restrictions to accessing blogs :-(
Hi Prabakar - nice to hear that you had a visit to thirupathi,, and its to be in touch here :-)
Hi Rajagopal - can you let me know your thoughts on AXISBANK please...whether it is set to break
the major resistance at 1600+
Values for tomorrow :
Nifty : 6280-6275-6215
BN : 12840-12820-12865
@ NIFTY SENSEX,
Does the charts or TT above give
any indication to short at gapup
or at 6300, or its just a query
from yourside ?
This question is too clarify only
as I am still in the process of
understanding, Ilango's extra
ordinary guidance.
I am gratefull to be on this blog
thanks to Dinesh Rishi.
There's no indication in the TT, atain, that I can see - its all green.
The chart with channels (2nd) may hint of it but without confirmation don't short a trending market.:)
@ Yoda,
Thanks a lot.
I agree.
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