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...
70 comments:
today has turned out to be quite volatile for hourly-JNSAR... once again shorted..
Dear Sir,Viz is at 27.04 risen so much and market has not fallen. Could this be bcoz of expiry and 5400 PE overhang and we may fall in march series. what is your opinion. Pl comment.
Pl read it as India VIX
@ Nifty futures,
Has bought some 5500CE.
from low of 5177 to high of 5599 fibo 38.2 is 5438 and so i am long in nifty with jnsar and sar for today with 5438
sure sir will do that.... the thing is i just want to mechanical trade your hourly-JNSAR + daily-JNSAR system.... i am ok with these wip saws..
@Ilango sie,
Your S&R 5459 triggered & long is reversed to short?Buying 5500CE? cobfuesd!!!!!!!!!!!
@ Sivakumar,
VIX shows you the undercurrents which is still bearish as is visible from the Tech. table too.
Our trades are for the immediate term where Nifty keeps taking supports @ Low emas.
Once they close below Low emas, the downward momentum will start. Until then, it is trading times..
hi manu,
as per jazz's post this can be 3.2 it can enter 5690
and fall. even if we leave all aside. what does ur intuition tell u.
u have market in ur blood and years of experience too.
@ Chandra,
Few exceptions based on EW here + settlement whipsaws..
As indicated to one of our readers, Sujeet, keep a filter for the day @ 5439.
Thanks sir
@ Ilango,
Thanks
Chandra
sir & family..
gm
@ps..
is it?
anyways ur post
"""1 6338-5690 648 points
2 5690-6181- 491 points (75% retrace)
3(1) 6181-5177- 1004 points
3(2) 38% retrace -5558 (shudnt enter 5690"""""
is taking my nerves
Some one was enquiring about Soriasis,
the following doctor is the only one who can cure it.Google for the details.
http://www.manthenasatyanarayanaraju.org/
Ilango sir
Feb or march ?
5500 call?
plz reply
now nifty again cross days pivod.hoping for more upside
with sl of 5439 .sir pls correct me if i am doing some
thing in correct.
Some one was inquiring about Psoriasis,
the following doctor is the only one who can cure it.Google for the details.
http://www.manthenasatyanarayanaraju.org/
Thank you sir for your comment.
@ Vijay,
Feb. series only.
Sorry Ilango Sir for using this place for some other issues.
I stopped taking non-veg since 2 years after listening to him.He clearly explained to the viewers that our body/digestive system is not designed for non-veg consumption.
ok sir
thanks
@ Dhiksuchi Consultants,
Health comes before wealth in priorities. Pls. continue.
= = = == = = == = = =
Last 12 hours trading is converging with 5491 as a breakout point and 5457 as a break down.
Thank you sir.
sir i had 5500 ce at 25 this is my first option buy what
is the tgt of this ce.
I was fond of Egg omelet & prawns.He was comparing vegetarian,non vegetarian animals qualities with human beings.
I thought if I get one excuse out those 14,15 comparisons,I will continue taking the above 2.But no way.I didn't get single reason to prove that we can take non veg.After that half an hour program in the morning,i told my mrs. that I am not going to non veg any more.
Ilango,
Can I keep 5452 (5 points below 5457) as the SL for Longs ?
Thanks
1.00 PM TT & Chart updated.
@ Nifty,
That would be alright.
Sabhi Gyani / bandhoo logon ko pranam !
RainMaker
@RainMaker: Sirf Gyani bandhoo ko...Mand Bhudhi ko nahi kya?
-)
sir,
repeating my question of morning
Doesn't it look like the B wave (breaking channel)
with C pending on the downside targetting 5388?
That will not hurt writers of 5400 put either.
rainmaker,
say sorry for not adressing to SUJEET
@ Prashant,
As many possibilities do exist, I have chosen this for trading, ofcourse with stops..
@RP: Lol, Yes I am
@ALL
NF is giving a roaring buy signal .... All in all looks a set up for 5620 ...till expiry
Will try kali Phos for sure:-)
no problem short two calls 5500 march
short two puts 5200 march
exit from on if got 5620 or in between 5300-5400
Yes Sujeet. Will help "mand buddi". But for people like me "buddiheen" kal purush only can help.
===
Hi PT : Long since you made such a powerful call. One garland due on expiry(ofcourse Nifty expiry)..
exit from onr if got 5620 or in between 5300-5400
@Power Trade: Anirudh Sethi's web site is working...not able to open from last week
@Rajgopal Sir,
Just expecting Puli to drop in today to Fill the expiry with Joys !!!
@sujit its working
The link is http://www.anirudhsethireport.com/
But i suggest not to follow him as he is a manipulator ... I mean he plays with words only
Today 5491.35 - 5446.35 range is well supported and resisted by fib 38.2 & 61.8..
It seems pain is equally shared bet. bulls & bears
Yes Big time. I don't follow any of his call only follow here. But like to visit often to see his analysis.
Sujeet: sorry to respond late
I had used '/' and addressed to all :)
certainly no mand budhhi here
I believe ASR stopped when Anil Ambani submitted his list of rumour mongers to SEBI, he has been banned also in the past
Welcome Puli PT. Any news in Rel Infra? Why such jump? (at the cost of JP?)
ICICI bank had also complained about him when it was rummored that bank is in deep trouble
Sujeet: There are other things also to see there other than calls. LOL...
nifty ko isabagol khilayoo..
bahut tight chal rahi hai
:)
FAST RISE SET UP DEVELOING?
@Rajgopal Sir
May be some sops in budget for companies in power and infrastructure ... NHPC is looking good as of now
Dear San,
Its seems Nifty is confined with a triangle in the hourly time frame, a break on either direction can give good trade setup.
Thanks & regards
Sanjay
Firm move above "5480".
@Rain: you right:-)
The party begins !!!!!!!!!!!!!!!!!!!!!!
enjoyyyyyyyyyyyyyyyy
@jayrang
Excellent yaar
sir is bull party begins.
sir please give Level to book profit in 5500 call.
Look Like a False Break Out
5500 CE should be booked around 60-70 levels lets it cross 5491 and 5520
La Belle Dam San's Merci .... Bears at the mercy of Bulls
New post done.
Ilango,
Please go ahead and delete this msg if you find it offending. Since everybody was talking about ASR, I felt this was relevant.
I just recvd from a friend of mine ASR's latest rumour.
Just think which 2 PSU bank are going bankrupt ? Think it over. This news will be out from Mar 9th to Mar 19th. Save this mssg and enjoy blood bath of life.Nifty may crash to 4400-4200 in March itself.
Thank you PT. Look for Tata power?
Wed 2.30 Vs PT's puli. Kalakkapovathu Yaru??? Prabha.
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