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...
40 comments:
I am also a fan of Sujatha, so plz forward her email to agarwal_anuj50@yahoo.com also..thanks
Dear Fire ji!
I know that day trader are nothing before positional traders. Positional traders eat 500-1000 points in each trade & thats why i always admire u, bcoz u r one of the best silent positional traders here.
@Bhushan
I will try to do an EOD post on Reliance.
Reliance stochastic gave a sell on weekly chart when it was at 1040. If stock tests 885 again Weekly chart may give a buy.
Kumar sir, exited the puts. waiting to buy some calls. also watching BN carefully :)
@Bizagra,
Will do so as soon as I get it from Madam.
@Prabhakar,
I am just an insignificant stopgap in absence of Master. Now he has returned, and I am relieved. can get lazy again. :D BTW, can you please give some conclusions too with your most valuable OI updates?
@Kumarji,
now its my time to get silent again. :D
kumar sir i will chat on yahoo messenger in between 9 to 11pm today
God is invisible parent & parents are visible God so if you make the visible God happy automatically the invisible God becomes happy:)
@Kumar Sir Very Nice Quote
Good morning all! TUKKA update: today's 1136 level 5432 above
yesterday's second level 5431. Attempting long intra here
with break as SAR.
@Fire,
I was giving it, but last 1 month i could see a lot of intraday reversals which could trap most who refer/trade based on OI. I also experienced that OI based trading needs more swift changing of colors and close watch of other indicators too.
So i just color coded it and presenting it, so that the OI moves can be visibly seen.
@Fire,
And For the EOD Nifty Options Open Interest, Sanjay Bhai is presenting a Daily update with clear views.
Sell nifty 5440 cmp,sl 5462 tgt up to 5405
hi to all my name is rajesh from mumbai,i m new to this website\blog ,please help me as i have posted one sell trade fr tuday ,is it gud trade technically
@llango,hi sir,i m new to this blog,can u pls help me fr nifty trades fr tuday
@ rajesh,,
U r call ,, 22 point s.loss & 35 points profit : D
Prabhakar,
Got it. Sanjay is doing a very good job indeed. Lazybones like me can appreciate it all the more.
Dear learn!
R u teaching us or want to learn something here? In last 2 yrs i saw 1st time any personality, who is telling that he is new after giving a sell call here.
ON INTERESTING FACT:
5895 was 61.8% retracement, but market went up to 5944, 49 points more than 5895.
5470 is 61.8% retracement, but market holding 5421, 49 points down.
i m new but i have judge fr selling,can u pls make me understrand this stragegy
kumar sir,
:))
@kumar,,hi no one has learned completely in stock market,
@ learn,,
But R/R should be good ,, otherwise no use of call
Master,
The ii wave looks like a Flat. And now the iv is also looking like a Flat, which goes against the Rule of Alternation. so, is it possible that the iii is subdividing? Please ignore if this seems a stupid question.
Kumar Sir,
My father has had sugar for years..... but keeps very fit..
Can the medicine for sugar be given to him... and what doses..
Have to say I have started kali Phos for my family too:)
Thanks 2 u:)
May 18, 2011 11:53 AM
Dear learn!
On my 18 yrs experience of stock market i can bet that u r not new, ur language showing aggressiveness & anger too. Perhaps someone told u something wrong in ur old uttire, thats why u r angry to us, am i right? If u really want to learn then be calm & cool, and u will get definately something +ve here, just show that u r new:)
Nifty spot5 Minutes chart CLICK HERE
@brij,wat is r\r?
@Kumarji,
One of the best ways to learn is to teach because to teach, one has to learn more in depth. Perhaps this philosophy has been chosen. :D LOL
@kuar,ok sir,aaj nifty mein kya lagraha hai,i will cool dwn now
@Saibhakt thanks for the interesteing facts.
Sam, excellent chart.
Ur charts presentations are crisp and clear.
New Post Done.
@llango,pls explain me how tu read the charts nd wat is low ema should i sell blw low ema?
hi Kumar Sir,
I see that you had recommended 5400 call. Looking at Master's lead indicator chart, it may seem that nifty may hover more around 5430 - 5375 levels before making another bounce as per Sam's nifty chart.
May be we can wait a little more & enter 5400 call at levels of 50-55 levels. Kindly correct me if I am wrong.
@llango,i have solded nifty @5440,sl of 5462 tgt up to 5405,at wat rate should i cover?
i had book profits at 5410 from 5440,profit of 30 points
@kumar,i had book profits sir,did u saw the call,thanx to u all fr ga
@learn,
Same position here. Booked profit (cover) @ PUT
& now holding future sell position. But my SL is 5425 for intraday.
I m expecting fifth wave upto 5380. And there is nothing to loose beside risking profits.
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