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...
43 comments:
Good Morning Ilango Sir and Friends
Nifty Analysis: CLICK HERE
If I am unable to access this blog from my office(Which has Aitel), I'll be available at:
http://tradeinniftyalone.wordpress.com/
Good work, Fire. Keep posting your views.:)
@ Bramesh,
Thank you for your offer.
Let me know how the comments can appear directly in the blog in "Wordpress". Currently, I need to approve them. Send the details by mail. I may not be able to view this blog at office if the problem persists.
I'm using Airtel and its been ok so far, Ilango.
Weekly newsletter updated. Correction to end soon however we need to trade with due care with some more time.
Nifty spot if manages to trade and sustain above 5340 then we can see some good short covering in the market and if Nifty spot breaks and trade below 5300 then some profit booking can follow in the market.
I faced the same problem in chennai last week. It is working fine now.
Good Morning!
I am also facing problem in Chennai. Access possible occasionally!!!!!!!!!!!!!
Chandra
GM sir and friends...
Sir can u pl. put some light
on bank nifty pl...thanks in advance
good moring sir
Gm Illango sir & all
Good Morning Sir and Friends.
Fire - great. Thanks.
Yes..Yoda.
I'm able to access the blog from office now.
I HOPE EVERY ONE LIKES MY TARGET OF 5150 POSTED
2 WEEKS BEFORE
I post in on a sunday post regarding this target & Nf at that
time trading @ 5650-5700 level.
This was an internal news.
GM Ilango Sir and blogmates. Ater 2 weeks only to day I am able to post a comment. Problems persist irrespective of you conection. My service provider is BSNL
LV
Good morning to all
gm sir and freinds
Master,
Thank you (this is the umpteenth time and doesn't look like ending soon) :)
@Yoda & RG,
You two are among the greatest of my masters. (Like Buddha & the Bodhisattas :)).
I have learnt so much from you.
My sincere gratitude.
P.S. Now will wait for some choice comments from RG. :D
gm prashantbhai i have sent u a mail this weekend please check when ur free prabhu
Good Morning ilango sir and friends,
Today's Quote received :
By three methods we may learn wisdom:
First, by Reflection…which is noblest,
Second, by Imitation….which is easiest,
& third, by Experience…which is bitterest.
The measure of a person is not on how well he prepares for everything to go right…but on how gracefully he stands up & moves on after everything goes wrong.
Good Morning...!!!
Sir, Pls check your TA Sheet for Daily 5-EMA, I am getting 5338 against yours 5310.
ok jay thanxs and good morng:)
aw, ty, Fire, you've exceeded this master for sure. I really loved the bodhisattva reference - the highest praise ever!:)
ps-I'm also waiting for RG's reaction to the compliment.:p
@ Sb,
5310 is correct. Verified.
musti
whts the tgt now for feb seires
jn sar trggered.
@ Itsmybuddy
Wait I will post whenever I got
Dear Ilango Sir,
Keeping SL of 5658 NS for JNSAR, is it OK, will reverse position if 5658 hit on the downside.
Thanks & Regards
Sanjay
@ Sanjay,
"5358" would be an aggressive one.
"5340"- Day's low would be appropriate.
jay ..i sent u mail with mobi num ok:)
DAILY-JNSAR triggered but i guess we need to enter LONG only EOD around 3:15 if NIFTY-SPOT trades above 5376 around 3:15...
Dear Ilango Sir,
Thanks
Sanjay
Sir
Intraday charts are showing overbought condition.
Should we take a agrressive short with 5390 as SL
and wait for a dip to go long.
Or as per JNSAR we should go long and 5340 as SL.
thanks prashantbhai
@Yoda,
:)
NEW POST DONE.
jnsar trigger bhi hoo gaya but kisi ko lena hi nahi hai sab ka dhyan mandi hai ...onion 2 rs kg hoo gaya too bhi kisi ko lena nahi aisi baat hay jab 70 rs kg thaa tab sab ko lena thaa --lol
Good Morning Sir, in stop in reverse you told buy @5265-
5285. nifty is trading now 5273. sir is it a conservative
long?
sorry 5373
Sir has JNSAR triggered? or should we wait for hourly close?
Yoda ; RG = BUDDHA sounds like BULL = BEAR.
If you say you treat me a master from whom you have learnt dear Fire, then you must be a MAGICIAN STUDENT - to pick up knowledge from an empty vessel.
Long live.(btw I remember the pdf file to sir. Something I can learn on patterns?).
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