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 ... -
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...
55 comments:
KST UPDATE : NIFTY CROSSED 0 LEVEL NOW ITS ON BULLS SIDE FOR LIMITED TIME
Sir,
When did you menstioned about 5325 agrresive trade.
and what is that 5300 in pink color..
i have sorted nifty at 5454 and part profit book at 5373.
now what should i look for please guide me ?
Sir,
I yesterday i bought at 5260 NS and reversed it at 5317 NS again reversed my position at 5267 NS...now i think if nifty says above 5290 then er can see 5250..with minor stop at 5305..is my observation correct?
A small changer made to the chart above.
@ Suresh,
That was the Premarket trading levels.
Thanks sir....
what shall we do now sir ?
"kumar said...
Good Morning Everybody!
Sell Nifty March 1 Lot @5595 & buy 5600 call 1 lot @144. Ur loss will be maximum 7500 in 1 month and profit may be 20000 or higher upto 31March. It will cover ur all stop losses even if Nifty goes 6000, Risk reward ratio is very much favourable so conservative & aggressive both can do. Ok then bye & catch u all later. February 18, 2011 9:35 AM”
Good Morning Everybody!
Those who are holding my above recommended short straddle, may book profit now at 5320 fut & 5600 call @52. This is giving profit of 9.5K in 1 week, still target of 5050 is on. Invest this profit now in Puts & Buy 5100 1 lot put here @92 and for 2nd lot I will inform u all & then I will reveal my strategy. Where is dear SaiBhakt, what is his ur next strategy?
Rgrds
Kumar
I'M REALLY SORRY...PLEASE READ 5250 IN ABOVE POST AS 5350..
Trading above the pivot,5310, Nifty may attempt the two crucial Emas for the day...WLEma @ 5347 and DLEma @ 5363.
Sir NS abv 5310..can we buy fr 5347-5363?
oh already up....
I WANT TO GO FOR SHORTS NOW
Is Double Top formed?
The price movement has twice tried to move above a certain price level. After two unsuccessful attempts at pushing the price higher, the trend reverses and the price heads lower.
SOLD NIFTY FOR A TARGET OF 5301 WITH SL 5342
shall we exit from short position sir ?
an any one guide me . please !
KST : BOTH LINE KISSED HOPING FOR DOWN INDICATION
Sir,
What is that 5300 in pink color. i am not able to understand.
Mr. Market plz come down i will give u support.
Seems like we are heading for 5360 -5378 today
@ Suresh,
"5300" is my pivot for the day. Market has hovered around it so far.
Trade based on the levels using RT Charts for assistance.
Hello Sir & friends!
@Suresh: 5300 is deciding point or middle point for upword or downword move. you may keep it SAR for today.
Hope I am right Sir.
welcome home volatility
Thank you Sir for guidance.
Sir is there any positive divergence in intraday hourly chart MACD ?
@ Ilango
AS PER YOUR COMMENT WANT TO CONTINUE MY SHORT POSITION NEED ADVICE
RICHARDSDIAZ said... "never try to board a running train as our friend Dinesh Rishi says wait for the next signal."
>> Love that statement. Very true and that's the best thing I've learned in recent times.
MY TARGET ALMOST REACHED NOW AT 5312=<
GM Sir, Positionally do we expect 5100 from the fall of 5500+. I booked out JNSAR yday around 5274 NF. Alternatively, do we create a higherlow and just move North.
Nimesh Bhai Jsk :)aap ko ek Paid Rose
Nifty Prev Atp in March is 5342... sell near 5330-5340 with sl 5350 target Hawala Rate 5280..thanxs
JSK Prashant Bhai
Sir, forgot to add above, i bookedout JNSAR yday and reentered again at 5302 NF. So, i meant can i hold positionally for 5100.
aaj JN ke Badey Badey and wade wade player khamoosh hai ya phir aye hai
sir pl update TT....
@ prashant shah
HINDI FILM KI EK DIALOG YAAD AARAHA HAI
HAR KUTTE KA EK DIN AATA HAI
SAMAJH LO WO DIN AAJ AAPKA HAI
@ prashant shah
JUST KIDDING.. DON'T TAKE PERSONALLY
EVERY MEMBER WILL ACT WHEN HE IS COMFORTABLE WITH HIS IDEAS.
WANT TO GO FOR ANOTHER SHORT WITH SL 5345
The trend is down. If any upmove comes on account of budget, it can be used to build short positions. Intraday, Nifty remains weak below 5330 Spot. Above that, resistance comes at 5365-5370 which is the VAH as per TPO method. The downward trend should resume once the budget news is out.
Dear Indian Trader!
Its rubbish to use this kind of language here and then say "just kidding". Kindly do not use this in future for the good health of this blog.
Rgrds,
Kumar
@ kumar
SORRY... AND ASSURE YOU THAT I WILL NOT USE SUCH SENTENCE IN FUTURE & YOU CANNOT SEE SUCH COMMENTS FROM MY SIDE...
@ indian trader,
where we will get kst indicator online?link please.
@ Dhiksuchi Consultants
AM USING IT ON SHAREKHAN'S TRADE TIGER, I DON'T KNOW THE ONLINE PLACE.
ACTUALLY YESTERDAY I SEARCHED FOR ONLINE WEBSITE BUT NOT ABLE TO FIND SUCH SITE & IN RESULT I MISSED HUGE PROFIT (IN SMALL PROFIT)
Dear Indian Trader!
Thanx for realising soon, Sorry dear Prashant for all this...hope u will understand and will try to forget it.
Rgrds,
Kumar
thank you sir....
@ indian trader,
i am also short since it moved below 49 line & 200 line is above it.
but 11A.M Tech table is showing green tickers.
doubt about the down side because it is forming higher highs & higher lows.
Its in goodwill that who suffered huge losses in yesterday's expiry and are in tension, they may take ARNICA-30 3 hourly 2-3 days. It will help them a lot to come out from dilemma.
Rgrds,
Kumar
@ Dhiksuchi Consultants
DON'T WORRY.. ABOUT TECH TABLES BOOK PROFIT WHEN IT REACHED YOUR TARGET BUT IF IT GOES WRONG ACCORDING TO YOUR LEVEL DON'T MISS TO BOOK LOSS IF YOU ARE USING KST THEN USE 5 DAYS 5 MIN CHART FOR BEST INTRADAY RESULTS INSTEAD OF EOD NOW NIFTY MAY TEST LOWER SIDE
ARE TRYING TO USE KST?
Now 5325 NF is the resistance to cross
@ kumar
ANY THING FOR WHO MISSED HUGE PROFIT?
no kst links available for me.
AS SAID NITY LOST CONTROL AND AGAIN FELL IN WELL
Above 5325 Fire works
@ Dhiksuchi Consultants
TRY MACD AND RSI ON INDIABULLS THERE IS OPTIONS FOR CHARTING FOR NON ACCOUNT HOLDER
New Post Done.
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