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 ... -
Will not be available to intra update . Suggest one of our readers to update on DHEma-HHEma-HCEma & HLEma for possible support points fo...
40 comments:
reposting... srry if i am using up space :)
Magar manoj ji...
yeh toh jabardastii bolna hai isliye bol rahe hai aisa hogaya...
main koi arguement nahi karna chahta.. magar is pic ka validity... pe doubt tha isliye aap logo ka sar kha raha hoon :)
Arpit
Sir & family ..gm
@arpit/nirav..hi
one more idea for vix..http://www.nooreshtech.co.in/2010/12/vix-suggests-a-strong-directional-move-in-january.html
Rg..hi..i will follow your lvls
Ilango Sir,
your views on Tata Steel, please.
it has broken out of Symmetrical triangle in hourly chart targeting 682 again. CLICK HERE
Daily is OB but not given sell signal yet. Long term resistance at 682.
hi manu..
thnx for the link :)
@ Amit,
Tisco's Month/ week TA is up. It is locked in a narrow range of 660 to 683 for the past few days.
Decisive moves will be beyond these barriers.
Ilango Sir,
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My System and Nse site shows Spot Low is 6062.35. But our TT shows 6068. Can I take it as 6068?
Thank you sir
sir..
if what nirav s suggesting..vix h&s..
and PS 3rd if so..then this shld be impulsive..
we will be heading high fast from 2mmrw then?
bn(leader) also n god mood
I think Now ready for a down move,
I already shorted.
Add shorts near 6100 level Spot.
Target 6045
Prabhakar Bhaiya!
Nse website par pre-market wala low dikha raha hai, actual low 6068.60 spot Nifty hai.
Manoj
actual low 6062.35
@ Manu,
It is evenly poised. The "Tilt" would be based on the results expectation-actuals.
Bear: 6339-5690 fall is being retraced by 61.82%(Golden ratio) @ 6090.
Bull: Post 6339-5690 fall, Nifty stabilised @ 5721 suggesting a kind of double bottom. The 1st wave these days are always deceptive sans impulsive charateristics.
So it is anybody's game.
If you follow JNSAR/ TT, all these above stuff don't matter at all.
thnx sir..
PS has made me counting even on dining table:)
ur fav hero movie on release..
Thank you MANOJ and Sandy
Below 6070 we may witness afast fall.
this area is the low Volume area.
manu,
bullish case
a of B 2531-5172- 2631 points
a=c
c started 4779 or 5672
by equality 7313 or 7420
we have already done 62% of a
4672 instead of 5672
SIR PLS EXPLAINED ME WAT IS "TT"...PLSS REPLY ANYBODY
subho. Tech table. Which is the table in the beginning of the post
ps..
:)
please give a total count from march 2009
till date in 5 waves(i still assume 5th yet to start)
Good morning Ilango sir and all,
Sir, your critics view please!!!( I always trust women intuition) :)
Gm Illango sir and all frnds
manu,
i as i told u, i just copy from sir. i read tpt's
views too. our dear rv is absent. used to read his views too
never attempted lifetime count which shud be the
begining of wave study.
manu like life peacefully dear. we can have
as sl of 5690. below that most count will turn bearish.
usually bear markes end with nifty pe 12. there is long
way to go
sir..
plz can u post a chart from 2009 march low
with count..plz
ps..i missing RV too
life instead of like
@ Manu,
http://tradeinniftyonly.blogspot.com/2010/12/nifty-knocking-on-50sma-again.html
thnx sir..
but why u marked "B" twice..
is this intermediate top (6400)then..
ps..i asked this to u too..remember
Google charts not working.....GCI MT4 not working....yahoo finance now working. Shucks ! 6191+ NF is not coming. I am looking to part-book some of my longs using mini nifties.
What a bummer.
yse manu
Dear Ilango:
"first waves these days are deceptive, sans impulsive conditions".... In this context, I would would like to point out that the market turning point need not be at lowest low or highest high but can be at a higher low or a lower high. So the actual move may start from what one labels as start of 3 or C.
This is one of the interpretations Neely in E-wave. You may like to explore his book "Mastering Elliott Wave", if not already done. It certainly is a landmark for E-wavers
GM Illango Sir and Blogmates
Sir can we go short @ 11635....taking some pause here and looking at OB conditions....with a stoploss of 20-30 points
regards
vikram
Good morning Sir and friends.
Ilango sir, what is the lower channel level to enter longs again??
NEW POST DONE.
Huge OI addition in Dec 6100 Calls and Dec 6000, 6100 Puts. Interesting battle ahead for 6100?
Sir and all Good morning :)
Smokin - i know only about "my head and shoulder" not about the "charts" :P by the way analysts differs If VIX low breakes means "crack" may come but last time it gave upward spurt. As Q3 is nearby + some stocks are ready for giving bullishness can bet on higher levels. But all depends on this 6069 to 6095 area. I will not be surprised if expiry close around 6K levels. becoz this area may disappoint bulls (excuse me manu, ps) Let us see.
We have almost reached 61.8% level from 5690 so pullback is natural if 50% dragged means more downside i am not much impressed on nifty future breakout. Busy holidaying..but not from trading..
Happy trading day to all.
very huge addition in 6000pe and 6100ce of dec series,o.i in both near 1 cr ,
can any1 suggest nifty expiry levels??
Sir,
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