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 ...
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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...
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Trading strategy that works wonders besides the supports & Resistance is " Retracement strategy ": The strategy that has wor...
50 comments:
10.00 am
call
5400 308350 356400 48050 15.58%
5500 1392400 1849650 457250 32.84%
5600 3645700 4912850 1267150 34.76%
5700 4923850 5573450 649600 13.19%
5800 5718200 6262500 544300 9.52%
5900 5392250 5652950 260700 4.83%
6000 6568700 6726800 158100 2.41%
put
5400 4146150 4403050 256900 6.20%
5500 4508500 4946650 438150 9.72%
5600 5695050 5915600 220550 3.87%
5700 3684500 3702800 18300 0.50%
5800 2616550 2715800 99250 3.79%
5900 706500 688150 -18350 -2.60%
6000 431750 426750 -5000 -1.16%
@Drsir expecting 59k-60k in silver. 56k too possible.
Than consolidation between 56k to 61k
Master,
Thanks a lot.
DR sir, BN getting support at 11900?
@Cooldent,
that would be excellent to get.
gm Sir n Blogmates !!
sorry 10900
If Someone Hurts You Ignore It, If You Cant Ignore It Forget It. If You Cant Forget It Laugh At It, If You Cant Laugh then You Deserve It:)
Which level to short again, I think 5565-70?
Good Morning Sir and Friends
@ Kumar Sir - Good One :)
SBI yesterday range: 2575-2725 =150 points (approx)
150*0.382 = 57
2575+57 = 2622
at 2622 SBI , we can short it or nifty.
If NS turns down from here - Fast fall and continues uptrend a Fast rise, Both possibility exist.
Dear SaiBhakt!
Why u were sending back to home all of us by saying that nothing will happen now & market will not go below 5630, though Nifty gone 90 points more down but u never asked us to come back:)
he he..well said kumar sir..
Dear Kumar Ji,
Maine kaha ghar jao, kyunki log apni short cover kar lete.
aaj karte to jyada fayda hota. maine nahi ki ambuja cement me. Today I did cover at 142.
aaj SBI 2622 level per nifty short karne ka plan hai.
abhi khali baitha hu. I did see ur long call of 5500. but did not take.
fayda ho jata kuch na kuch us samay.
itching to short, kyun ki dil kehta hai ki ek downleg abhi baki hai 5470 range ki.
good one sai
Dear All,
FYI:
Astrologically market would be in positive side, today.
And good positive expected tomorrow. Let watch.
Umashankar.A
My second posting to this wornderful blog and active viwers.
I have observed positive divergence in dollar index...
so tht means if dollar starts to rise more fall to come ??
Sorry today second half would be positive.
Dear SaiBhakt!
Smart reply, i m impressed:)
Has anybody else booked part profits today for JNSAR?
I covered mine at 5524NF.
Sorry friends,
Tomorrow negative only. But today second half positive and closing positive
Master,
Did you get the time to check my chart? If not, no problem. :)
call
5400 308350 367800 59450 19.28% 15.58%
5500 1392400 2056450 664050 47.69% 32.84%
5600 3645700 4969050 1323350 36.30% 34.76%
5700 4923850 5800750 876900 17.81% 13.19%
5800 5718200 6560350 842150 14.73% 9.52%
5900 5392250 5744300 352050 6.53% 4.83%
6000 6568700 6927750 359050 5.47% 2.41%
put
5400 4146150 4558500 412350 9.95% 6.20%
5500 4508500 4960600 452100 10.03% 9.72%
5600 5695050 5753350 58300 1.02% 3.87%
5700 3684500 3646150 -38350 -1.04% 0.50%
5800 2616550 2721650 105100 4.02% 3.79%
5900 706500 675450 -31050 -4.39% -2.60%
6000 431750 419900 -11850 -2.74% -1.16%
IT index is down most.
why?
is it rate sensitive?
ha ha ha
Llango sir,
if you see todays move from 5503 until now,
it is exact replica of move from 5177 until now on longer time frame.
what a similar chart? What is term for it? I do not know.
@ Fire,
It is a very valid channel support. Look at the LT chart using semi-log scale for alternative view and further supports.
https://picasaweb.google.com/yinyangfire/FIRECharts#5602491232020821186
Master,
Will surely do so. Thanks for your indulgence, once more.
@ Jiggs - I am timely in???!!! thanks for the information. What about Gold?? please post your valuable views.
thanks n advance.
regards
NS facing good support at 5512-5517 range.
GM Everybody...
Can any one tell please.. what is the new Hrly LEMA after the drop up to 5514 ?
ohh sujatha ... in class after long time.. hope all is well...
sabhi bandhoo logon ko pranam !
OHH not 5514 but 5511
......... If You Cant Laugh then You Deserve It:)
Kumar: Great !
@Mynac HLEMA 5538.3
@mynac
5538NS HLEMA
good morning to all
@ FIRE
SIR where i can get chart for gold with technical
Thanks Prachi...,cause If Nifty shall not drop from here in latter hrs trade then this No.used to become important while day trading.Means if NF(as now it is in premium) shall try to cross it first means some kind of strength is there and one can take or think about his/her position.
Thanks....
Dear Mynac!
Thanx for ur views.
Dear Rainmaker!
Thanx for ur observation:)
No One is safe in Pakistan even OSAMA BIN LADEN. Every One is safe in India Even Ajmal Kasab.
@triple,
Asking the wrong guy friend. You should ask the commodity masters here like DR, Jiggs, Gauresh, Sujatha... :D
Are we going for new low?
Dear Kumar,
Lot of questions are regularly asked about JNSR ...In the morning the entire guidance is even given by post... but even apart from these articles one must be fully aware of these regular terms and its importance.Even Hrly emas and JNSR used to give very good mechanical trades with strict SL.If some is short around last HR.JNSR,then also he/she is getting good returns:)Your Kali Phos is must here..:)to keep emotions away.
New Post Done.
Trend over trading starts
Mkt stressful
Indian Classical music:Suprabhatam :Stress buster
http://www.youtube.com/watch?v=PqeqVYlA0ko&feature=related
OHH please HRly Low ema instead of Hrly JNSR.
Good afternoon Ilango sir and all,
Sir I have sent you a mail yesterday kindly check at your leisure.
@ Fire,
Taking the last two months Hour data say from 1st march onwards do you spot a huge bullish Gartely pattern? Can you give your mail ID I shall mail the chart to you. Can you please elaborate on reversal points from the chart and if the pattern is complete?
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