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...
67 comments:
sir ,
what are the parameters of LEAD INDICATOR?
remarkable short covering almost 70 points
Ilango Sir,
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Can resell my JNSAR balance shorts here or wait for 5895? Please advice me Sir.
reposting ...
thnx sir..
u hav a lucky charm over bn..
it was at 8000 u told Rg it will to 10000 +..
till the time u wrote to me..d midas touch done..
i also expect it to reverse and make a new high..
then only poor nifty(27 % bank) has chances and our portfolios too:)
@PT
When is the nxt ferti deci.?
From High to Low -- 100 Points
and Low to High -- 100 points.
what a game
@bhavan
No idea ... Currently staying away from fertilizer ....... and bullish on orient bank and SBI .. target 465 and 3105
@Sujatha, could you repost your levels for intraday?
it seems the earlier post was removed?
@Nimesh Patel (PT), What next? short covering over, go long?
PT: Track Exide,Cairn,Apolo Tyres also.
Manu - Hi (BN +bias? arm twisting the Judge for favourable verdict?)
@ Dinesh Bhai
Ilango bhai's
Lead Indicator(stochastic) setting : (35,3,3) 60min chart.
@ Prabhakar,
I drop enough hints for you to pick up a trade.
I suggested "above 5835/5840" for rally.
I suggested the weakness to last for 30minutes at 1.15 to 1.45PM.
The chart had 2nd wave to complete to start a "iii"rd wave.
All these for trade possibilities.
Plus the trading levels.
Thanks sir nf bought at 5842 ns 5836 what should be exit point ? Sir and freinds guide
@ Ilango sir ji
Many Prannamsji
As i am following only JNSAR and holding one lot NF @ 5951. Sir would like to know when should i S&R @ 5933 ie JNSAR for 13th or @ 5911 ie JNSAR for 14th?
Please reply sir at your convenience.
Kind regards
geet
Thank you Sir for your analysis. I have long also @5850NS Sir.
Sir
When we(me) do not understand plain english how do you expect us to understand sanskrit pharsi or hebru?
Will we cross today's high ema (5917). Or is a resistance. It is also 13 day moving average
@ avinash,
The blue JNSAR are for the
Next week
Next day
Next hour
and they keep changing/ developing till the
"Current week/ day/ Hour" is not CLOSED.
RG..hi..
can u search where sir posted u bn levels when at 8000..
i was searching but didnt find..
@PT
watch NTPC also
@ Bhavan,
:)
Tell me..which language of mine is difficult..??
I'll try to simplify it.
sir,
how to get LEAD INDICATOR?
Sir, your quote - In every study, there are some "grey areas" which one need to navigate with experience or with a combination of studies..
these kind of advise only keeps me "fit" in trading.. keep coming . thanks in advance. still adamently in "long" (yesterday is piercing candle sir which is bullish) and EOD charts showed "up" only but today market grinding with support and lifted up??? 5935-40 waiting now. step by step greedy sirrrr no wonder if certain levels hold then 6090 :)
@ Viewers
Sir ne itna kuch bola Exam paper ke bare mein phir bhi copy ki koshish aur Blank paper ka matlab we are not reading Well ......Each of sir's message got lot of thing to learn Jayhoo Illango sir
Since two weeks i am here with sirs guidance i am able to trade in 5 minis every day and positional
one line i wud say abut Illango and his posts to viewers
"Read in between lines"
Sir i am using 5 mins PSAR as my trailing sl for booking nf profits is it ok? Thanks Sir
Sir sir we need to understand our understanding and not your language is to be changed this because u have been dropping hints but hardly any of us would have gone long the nifty has touched your morning levels both sides but could we follow? do we follow the resolutions like look only for morning outlook i.e. premarket.The sattire is on me where the simple teaching is not followed i.e. be disciplined
What is the sl for intraday shorts
Alert - Closing above 5900 is short term +ve for our "beloved nifty" :)
"5904" will trigger "JN10SAR Long" trade.
smokinnnnnnnn - nifty nicely going up as per gannnnn with support of lower levels
JN10SAR 5904 (13.12.2010) is reached and I have taken long.
sir the ns high 5905.90. shld we consider a filter to carry longs positionally
Hi Sujata, have you made GANN calculator on Excel or on Net - i came across Gann calculator on the net and found it to be very helpful intraday - have you been able to crack the time along with the price which is actually the strength of GANN - currently writeups on net are very confusing and not helping - regards Deepak
Sirji
JNSAR gets triggered @5911 or 5933
Please confirm ji
Thanks & many prannams
Manu: I remember. It was when I posted "Govt to infuse xxxx crores into PSU Bank Cap".
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BTST IFCI ??
hello sir
with your permission ive posted my analysis of nifty / bank nifty
http://www.4shared.com/document/a7OIz95p/Wolfe_Wave_India.html
Please go through the same and let me know if you want me to continue
on a weekly basis / when targets are met
Sir,
5800 put added 18% open interest as nifty was swinging on the downside. 5800 put always traded at high premiums during the day. The upmove was quite evident in open interest data.
And now 5900 call not shedding open interest.
but 5900 put has added 13% open interest. 5900 may be the base for this move.
i have recently realised that open interest analysis tells a lot about the market.
Sir wasnt J10SAR triggered at 5895? and isnt JNSAR 5933?
@ Deepak - yeah.. little confusion will happen in initial days, timing is essential with support level today weekly target of 5871/5890/5909 done sofar.. still left 5929, 5948/5967 let it cross here will post higher targets all will not come in one go, but thing is "how it's taking support @lower levels + the timing"
Sujata madam please go through the analysis and you will find answers
http://www.4shared.com/document/a7OIz95p/Wolfe_Wave_India.html
deepak,
can u pl give the link for
Gann Calculator.
thanks
@ Wolf Wave - thanks a ton. it's giving me boost coz i am very weak in charting, can use only EOD charts :) :P nd don't hv RT data facility hence sticking with my "calculators" only "price" is GOD for me :D
Dear Suresh - please find link for GANN calculator http://www.gannsquareof9.stockmaniacs.net/ - regards Deepak
@ Geet,
JNSAR for today is 5933 and for tomorrow, it will be known after mkt closes only. As of now it is likely to be 5914.
@ Cooldent,
J10.SAR for today is 10th Dec's 10 day ema which was 5904.
14th J10.SAR is still developing..
Thanks sir
Thank you Sir for your kindness...shall wait
Prannam
There is slow unwinding of 5900 & 6000 calls - once the momentum picks up we can be in business - regards Deepak
Deepak ji,
thanks,
pl give a write up of its usage , if possible
thanks
@ Deepak, track repairing shop ahead. wish you safe reaching near 6100! other wishes for happy new year!! :)
Sir if projected JNSAR is 5914, and if the market closes above this price, then would tomorrow opening be the right time to cover & go long.
Thank youji for all your kindness
geet
@prabhakar
Go long only cz we are heading for 5980 -6040-6141 NF
@rajgopal sir
thanks a lot going long in cairn owing to crude target of 100
@prabhakar
Also watch orient bank and sbin muhc higher levels may come
will it be a gap up tomorrow
Deepak ji,
209 page e-book,
not opening
pl assist.
thanks
@POWERTRADE,
I am long from 5850NS and booked out @5895NS and I entered Long @5904 (J10SAR)
Sir booked profits in nf at 5932 Thanks
Deepak ji,
if you could give direct .pdf link
Thank you Ilango Sir for your Analysis.
Sir,
Reliance at resistance now? can you give advice whether to hold 1040 Ca. !040 has highest open interest.half hour 35 slow sto at 98.
Dear Suresh - http://www.gannsquareof9.stockmaniacs.net/ - this links takes you directly to GANN Calculator with detailed explanation below - please check again and revert - regards Deepak (do not try to download ebook which will make things more confusing)
conservative long now sir??
Dear ILango - till 3.25 open interest 5900 calls were 2 lac plus - now they are minus 4800 - I guess tomorrow its 6000 calls turn to close their OP - regards Deepak (Sujata - as per last week's date on GANN it was sell below 5852 level which i did. at 5814.06 which is the resistance level i squared off and at 5800 spot i purchased some calls with SL of 5795 - once nifty spot crossed 5871.39 which is a positive zone as per GANN I will hold the calls till nifyt enters the sell zone again)
sir,
a trading system that uses advance tax no.
rbi interest rate, etc to perdict nifty.:-)
a fisherman shud know what a fishing rod is.
what is a trading system??????
Bye Sir and Friends.
Sir
Kindly suggest book for Elliot studies
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