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....
-
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...
47 comments:
Good Morning Ilango Sir and Friends
Nifty Daily analysis: CLICK HERE
good morning sir & frnds
GM GUYS. TRUST WE HAVE A GOOD PROFITABLE DAY
RANGE OF SPOT LIKELY TO BE 6036 - 5963
Hi GM Ilango Sir and Friends.
Hi Deepak, GM. Your calls are good but pls turn off the caps key.
@ debdeep= m sorry. turned them off
We opened below the imp trend line (NF) so downward pressure will be huge provided we don't take out the ORB upside.
buy spot only and sustaining above 6008/45. trgts 6023
- 6036
Thx Deepak, keep rocking. I will not be able to post anymore today as I can't post from my laptop but will keep an eye on your calls.
good morning,seniors..
Gm Illango sir & all.
As per volume profile there are two big bars
1.@ 5995
2.@ 6014.
If Nf able to hold 6006 VAL we can see a rally towards VAH-6040,but for it first it has to cross POC 6020 & sustain above it.
Similarly NS has to cross 6014 & sustain above it for 6035-6040 range.
Go long near VAL with 10 point sl can be the first trade.
buy spot at 5993. sloss 5989. trgt = 6008- 6014 -
6026 - 6037 - 6053
trust u all bought nifty
keep sloss 5986 on spot please, and not 5989
@Musti
GM
yesterday u mentioned that in the vol.profile charts we can also see the charts for future also could you please me with what to write in the symbol coloumn to get the charts of niftydec. future?
@deepak
everybody likes to eat ready food to eat similarly we all enjoy the ready calls u provide us.But what will happen to us when you decide to cook food in some other kitchen?We all will be starved all of us will be grateful if you share your recipes or else your food will loose the flavour--Right?
keep aclose eye on the upsidelevels i have given. book
profits if spot unable to sustain.
if spot breaks 5992/70 = get out, and do not trade for
sometime. if spot holds this level = likely to FIRE
@bhavan= nothing of the sort will happen my friend.
we are all in the same boat. u eat what i cook, and
i eat what u cook.
@ bhavan
http://www.volumedigger.com/Charts/NSE_Futures_Intraday_Charts.aspx
this is for future.
U can watch Volume profile for future of any script
Good morning Ilango Sir and all
i coverd my position at 6005 spot= took 15 points
on future. no position currently
@Deepakji
We all cook (including the Sir)in an open kitchen so the CREDIBILITY holds i hope u understand there are many who were a part of this blog who have started there own blog but there is hardly anything to hide rest i leave to your saneness.
for those who did not buy= buy again at spot 5893.
sloss 5987.
thanks Musti
typing error.buy at spot 5993. sloss 5987 all spot
rates
buy reliance spot here. slosss 1053
@ Bhavan.
I hope U got the charts.
But not give muchprecise over future charts as they are for
one day only.
But spot charts are available for up to 10 days.
Thanks Musti made my day as was never able to get chartnexus working fromthe steps Viren had taught(shared)
I am posting a ORB trading system
Buy Above6020.85 Sell Below6002.35
Target-1 6029.25 Target-1 5993.95
Target-2 6034.05 Target-2 5989.15
Target-3 6037.65 Target-3 5985.55
Target-4 6044.07 Target-4 5979.13
Target-5 6052.47 Target-5 5970.73
Target-6 6057.27 Target-6 5965.93
Target-7 6060.87 Target-7 5962.33
Target-8 6067.29 Mid Poin Target-8 5955.91
Stoploss 6010.47 6011.60 Stoploss 6012.73
Hi Good morning Ilango Ji and all!
trust u all r log at 5993, and reliance spot at 1053/50
.now remember= whatever happns= if spot breaks
5988/65, there will be downward trajectory, hence
ensure a very very strict slosss in ur mind only
at 5987. do not keep sloss on ur system
This is not my work
It was Julias sir work.
I just download this file.
I hope it help any body.
Illango sir if U find this ofended Plz delete it.
@ bhavan. I m a gurudwara, where a langar is on
24 x 365 days. I m content n happy in the thought
that people make money with the very very little
knowledge that i have . i follow the same theory as
Illango in life = "JONATHAN LIVINGSTON SEAGULL"
@deepak, your services will be valuable for the cause of this site if you also reveal your logic or TA.
KEEP SLOSSS ON RELIANCE SPOT AT 1051/50 PLEASE
NEW POST DONE.
Good morning Ilango sir and all,
BankNifty JNsar has triggered a sell at 11443!
spot has great support at 5881. if u have the capacity,
do not cover ur longs at 5987, but keep sloss
at 5980. i m personally doing it. i will buy more
at 5981-82 levels
if reliance spot holds 1051/85 now. thre will be
short covering on this counter at and sustaining
above 1061. my thought tells methat we may be headed
higher today. i willupdate regularly anyways
the reason i say to keep sloss in the mind = we all
kno n see the supports, but if we keep lets say for
example 2/ below this support,and that too on our
system= they will eat it,asthey can see ur sloss.
and take it up. you willbe left wondering what
happened, and the mrkt wud have run up
reliance spot is headed for 1046/20
spot sustaining above 5996= will be good for longs
stay long. get sloss upto 5991 now. ur risk = 2 points
only as we bought at 5993
sorry, i missed one gap. keep sloss for all longs at
5986 only. all spotlevels. for those who have the
appetiate= keep sloss 5979-80.add more at these levels
spot has heavy resistence from 6004 - 6017 levels.
u must be extremely careful in this zone
Post a Comment