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...
52 comments:
Yet Bulls have not given a chance to yesterday's Bears to cover their shorts.The low for NF is still 5991.10.17 Lac O.I.addition in 1st 3 Hrs in NF.
1.00PM Close below 6000 is the first sign of minor weakness.
Channels support is @ 5965-70.
"6029" - 20sma was the resistance in the morning.
A close above that would be the next agenda for Bulls.
For bears, a close below "5959" is the first step.
5M period -ve div with wide angle
@ Avinash,
Part news may have been factored in the prices by the "insiders".
Banks don't need money...they need quality borrowers.
For funds, all they require is a CRR Cut.
YAHOO CHARTS not working today ??
for few minutes nifty is moving between the channel made by EMA(21, 2min) & EMA(100, 2min)any side break may decide the next trend for intraday...
Option experts , any OI update on 6000 calls and puts??
Thanks
Island reversal in hourly chart---22/23 Nov Down gap of 6010 to 5972.
---1/2 Dec 5970 to 6023 Filled upto 5982. If it does not trade below 5972 than quite bullish.
Hi, nifty pausing with time correction for an upmove to give a good -ve div.?
@illango ji
Sir, Please help understand...
K% going down, D% going down, Rsi..maintaining OB
Macd divergence going down. Security remaining in tight channel.What could be happening.
At you convenience sir
Thanks for your time & effort
sorry i just cam from office...today i'm late to come here...
@musti
yes i'm holdin my short..i bought a call of 600 @45...i booked profit on that..now i'm holding 5900 put also..and for hedging i've 6100 call..
somebody asked me about any real-time chart for crude trading...but i dont hav any info on tht..sorry...but one may visit fxstreet.com for ccommodities..
@ALL
any idea on fertilizer why they are falling can any body guide
*call of 6000 instead of 600..lots of typing error...sorry..
it's my feelings that nifty will show its red face today...
Dear Anuj Definitely I am not an expert but giving you just information.Since morning 1 lac addition in 6000CE & 11 lac addition in 6000PE.
Dear Mynac, for a novice like me ,u r an expert only.
So this addition in pe shows bulllishness, m i right??
Thanks
Dear Anuj,
Think so on the same line but at least at present price is not supporting our observation & understanding.Still 2.30Hrs to go so still any thing is possible here onwards.Let us see.
@PT,
Deregulation only helps those companies that have thier cost of production plus return as per the policy is less than the administered price. Effectively these companies pay to the Govt instaed of getting subsidy. But Companies such as Nagarjuna etc. their cost is much higher than the administered price and they get subsidy which is to the tune of 3000/- approx per tonne.
Reg 6k call and puts you may also have to consider total OI whihc 67.84 lacs for call and 43.70lacs for puts.
As sellers are trying very much hard to push NF below 6000,if they shall fail then the bounce back is also likely very furious one.Let us see.
@PT,
You can get a clearer picture if you speak to someone at GNFC which is at Bharuch and a big consumer of Gas as to which all Cos will gain from deregulation.
@manojag
Thanks a lot
WHAT IS THE HOURLY HEMA AND LEMA @ 1.PM???
6,000 5,976
hlema hlema
table is anyway updated jhakkas
In Google daily chart, i am getting positive divergance wrt RSI .
Is my observation correct? Pl some one confirm
In Google daily chart, i am getting positive divergance wrt RSI .
Is my observation correct? Pl some one confirm
reliance break out of days high....
@sreyO
Sir ji
is there any why to see Hrly chart on Google...am able to see the 30mins though as suggest today by your kind self
Thanks & regards
Geet
Bought 200 put strike rt 5900 at 71.
sir want to ask 1 question... what is meaning of fast macd in red color ? in 1 hour charts Macd givan sell signal or negative diversion ?
@terageet
I'm no 'sir ji'im just a novice in this field and absolutely layman...i could not finf any way to see hrly chart in google..
@prashant shah when it decreases it changes to red
ok thanxs piyush brooo
looks lik RIL is set for an upmove...
Arpit
Thanks Sir,
You are just being humble..
@Tarageet,
you could check this for hourly ---
http://www.niftyforum.com/?q=niftyintraday
@ Prashant Shah,
Hourly fast macd has triggered below its 9sma suggesting a first sign of weakness. But read it at the background of daily trend which is UP.
This suggested fall will not be severe but a mild one.
Only when the daily too turns down, the combination could become more severe.
ILANGO SIR
AAP JAISA PEHLE BATATE THE AB KIO NI BATATE HO
R U ANGRY WITH US
@PT
The date of deregulation has been deferred uncertainly
thanxs a lot sir for ur valueble guidenss m understand now this :)
bhavan wb... aa Ntpc gadhedoo down kem che ////.?? any News in Ntpc ?
@bhavan
Just cheked in thanks ... got out of nagarf future
ntpc looko ne roovdavi nej upar aavshe i wanted to tell u yestrday to bk partial profits but could not do it and if u have deliveries do not look at it. i have heard it will go to 500+ but will take some time
@ilango sir,
How far the suggested fall may go
@prashant PIB means Powerindiabulls
@Pt u r always welcome n nooo thks pls it is just sharing
sujatha there or not?
@ Thank you Agni!!!
NEW POST DONE.
Chief /
confirm this W breakout pattern is appearing visible in D & H time period again
Based on the definition of this pattern will it again take back up to height of its lag
Do our MT data validate this (I am not good in TA yet)
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