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 ... -
Will not be available to intra update . Suggest one of our readers to update on DHEma-HHEma-HCEma & HLEma for possible support points fo...
63 comments:
i never thought i will rel cap at this level..
nor hawkin cooker:)
Respected Sir,
I am always present at Lotus feet of my Master
For a true Student, lotus feet of the beloved Master is a heaven of Bliss,
spiritual peace and joy and Abode Eternal.
With regards
Potter = Rishi
OMG !!!
Suja is entering Long ??? (just something to arrest the fall).
@RG,
2.30 factor?
oye dinesh bhai new aavatar why.. ur earlier plumpy image was better..
potter..hi..u dont short but ur long will be perfect
anyways "gorou" ko jagao
BIG Negative Fire. that is why above OMG !!!
Sujata,love ur sense of humor!!! At the rate at which its going, there seems to be no such point where it will stop :)
RG = how u know i am entering long??? :P :(
sreyo - nifty future done it's part, any time bounce expected i closed my shorts. if bounce not comes??? now my SL may hit :P 5450
spot 5480 also breached.
Welcome... Potter alias DineshRishi..
Visited your blog and seen the activities carrying on as usual.
Best wishes.
Hi Manu Paaji I am listening 3idiot song
"ALL is well"
Falling mkt makes me happy as I can again buy at cheap rate
5575 held. For now.
Its taken support at Sir's level of 5475!! Lets see how long this bounce lasts...Sujata, u r the niftiest( swiftest) NIfty trader!!!
Sorry.
5475 ;P
potter pa ji..
reikki..yogananda..will mail you..
6/9/2010 was a gap up day .
the traded low as 5503 not 5479
BN may bring the desired momentum if breaks below 10465-70.
Hi Mr.ILango & Everyone!
My much awaited buying area has come so entered here to remind everyone, Buy Nifty here with stop loss of 5430 on closing basis and target will be 5750 then 5950 in Feb.
Kumar
Sethu said...
CNXIT will be the first to recover long with 7160 as sl
January 28, 2011 10:12 AM
===
CNXFEB @ 7070 - no word about "Stop Loss Hit"..still only See???
@Sujatha Madam,
Thanx.I'm also long again.
5475 Gone!!
nifty weekly support 5460 ...hopefully final stop for d day.
Welcome (Healing) Angel Kumar Sir.
Suja : Pambariyum pambina kaal. You are in my rear view mirror. Long? That makes 3 experts Long - Suja,Shrey and Kumar Sir. I am just longing to be long.
As of now the move is still in a channel so there is some respite for longs.
BUt it seems to be on the verge of breaking it!!
5460 done.
exited one more jnsar lot at 5490 NF..(spot as expected did weekly support at 5460)..
5460 seems to be the point Vidya!! Market moved up sharply!
Dear RajGopal Sir!
I often saw ur smiley msgs offline, keep it up & take care of ur back alongwith fatty pocket.
Kumar
@ fire - advance ghee sugar to you for 5575 :)
shreyo -if it's a false breakout from my impt cam/fibo level means it has to arrest here or else nifty level 5200. my assumption is it has to take some rest from "fall" hehe so tired na?? nifty future is giving good +ve symptoms not yet out from ICU, still in "ventilator" slowly pulse is OK let us see
@shreyunik,
yes 5460 is weekly support after 5530..
@ Sujatha Mam,
yes...market should take some rest...
Oh !!! Kumar Sir that makes one hand on each side !!! Front and Back. Sure your healing touch was extended to our needy friend and he will be back with us soon.
sujatha all that is needed is some honey to be thrown on the side to divert the bears and nifty runnnnn...
shreyoooooooo - nifty future out of ventilation, can breath easily now. let us see the closing
RG - kindal jasthi sir nann expert..mm.. lolz:)
by the way good proverb..pambuku kannuku pakkra mathi kale ella...so that's y that proverb right?
Kumar am i correct in assuming you are the same person who treated the blind couple where the wife had a heart problem @ bangalore.. and all doctors had raised hands...
Some intra rally possible for BN now?
prakash - bulls r in bears "TUMMY" :P so this honey can't go inside unless bulls out from tummy
@Sujatha,
I also want that -- but to sell on rally. :)
Nifty Futures intraday update: CLICK HERE
Yes Suja. The word was "pambinA" - called "Seyulzh mayakkam" (We don't call it a mistake when committed by Elders).
Sreyo - nifty spot will be out of danger once it crosses 5508 sensex 18380/400 levels for (SHORT PERIOD)
@ Sujata:
Whats ur upside target?
Sirs words "How do you sell during a trending down day..??"
Will 5500 be the resistance now?
Sir
Pls advice as per your convenience.
I am following JNSAR method and need advice on same.
I usually reverse my position intraday when JNSAR is hit.
and keep 20 points if market go in opoosite direction.
On some volatile days, market hit JNSAR many times
in a day and go in oposite direction as many as 50-100 points
What should be our strategy during that time.
Want to remind the beautiful words given in Premarket- "thank GOD for giving you such an insight..such a fortitude..such a composure/ balance.
"
-stockgrp
thanx sujatha mam...
Shreyu - long term target means this is not the appropriate time to post.. will post after seeing the weekly how it's reacting
stockgrp - kahan gaya saab?? bahut naraz hoon..not even a hi , my D is asking abut u :) take her regards
@ Cooldent,
The day is almost done and the third in traday low of 5491.6 is cleared by breaking out of the "downward trending channel". Now if it clears 5519, some strength for the remaining time. If not, return to down again.
5506-HLEma & 5522-HEma are the two Bulls will try as consolation..
If a short term reversal, then they could attempt 5543-HHEma. ??
biggest recovery of the day...he he..
@ Archer,
My way of trading JNSAR is quite simple:
Just one trade the day it triggers. It will be managed next day only. No filters.
With more inputs from readers, it was improved to:
Trade, once triggered, manage it with 20-25 point SL for the day.
For 2 days subsequent to the triggering, manage with 0.3% or an appropriate filter.
Except for one day, a settlement day in October, we have never come across "Triggering so many times in a day".
Bye Sir and all.
RG - mm.. thai vellikizhamai vera.. sentiment for me i believe and realised @ many times about "nagraj" :)
Happy week end.
WWI : Lovely call on TCS and GE. btw is your target done in TCS? There is a reversal from right shoulder line?
Bye Suja. Leaving before the school long bell??? Thanks to Thai Velli got one urundai sarkarai pongal !!! btw is it a Long bag you are carrying for pillow?
any one who would like to do bottom fishing..
2 banking stocks.. yes bank and icici bank.
morning i wrote abt falling wedge.. looks like stock not breaking that for now... a move past 200 ema.. can take the stock upwards. (sl today low)
yes bank.. looks like a higher high higher low in place for now..
sl todays low..
Arpit
In the past 30 mins 100 scripts have come into advance from decline status. (83 has become 183). Just to solace the hardly breathing bulls.
Thanks Arpit.
Bye Sir. Bye Friends.Have a great week end, I am taking the bull to the Vet.
See Titan and recovery from today low of 3326 trading at 3523, 200 points from day low.
Bye Sir & Friends.
yw Rajagopal jii.. (someone is reading calls :D B))
i see hope in your comments.. takin to vet and not for funeral :P
Arpit
Post a Comment