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...
94 comments:
Goodmorning sir and everybody :)
not able to post "thro" mozilla. anybody facing this? finally downloaded crome exclusive for "JN"
Weekly BAKWAS – Nifty future +ve above 5490/5508 levels. Spot 5500-5525 +ve. Sensex 18380/18553 is +ve. Below 18380/256 is –ve.
@DR,
Yesterday night you were saying something about surprise in GDP. Will it be +ve or -ve surprise?
DRji- is it time to book longs or part book?
NIFTY Option OI at 10:00 am : CLICK HERE
Gm ilingo sir & friends,,
@ fire sir,, IIP DATA TODAY EXPT 8.1% VS 8.2%
Yes Part profit/full profit
can be booked will resume position after NEWS
during NEWS time one candle of BN can be of 500 points
Yes 500 Points :D
Thanks Prabakar...
Hi Illango Sir,
Can you please suggest what would be the levels to short? From the lead indicator chart, it seems that nifty may be range bound as you have suggested in the highly overbought area ... Any dip in intraday trading volumes - can this also be considered as a sing of reversal .. ?
at what time data expected?
oh..my my..500 points :)
@ Gm,Sujata mam,,
Day cam @ 5524 H5
Thanks Indian Trader for letting me know how to update excel. Now 99% of my manual work is automated.
1% create .png and post to blog.
Good Morning Everybody!
DR sir ab to aapne lambi inning khel li hai, kuch aaraam kar lo aur bachche ko bhi khelne do...bachche ki jaan loge kya:)
thx DRJI..GDP data at 11 am.
@ Prabha,
R2:5531 & R3:5552 are two levels to take aggressive shorts with small SL.
hi DR Sir,
There is a link which states that India might project GDP of 8.5% with expectation of good monsoons. Wondering if nifty would blast off from here...?
Link:
http://www.anhourago.us/show.aspx?l=8531792&d=503
Still hope for bears is that NF is trading at a discount of 17 points.
+ive suprise in gdp ..
mind it that wud b good for bears in medium term
ilango, whats the stoploss for the shorts ?
good morning ilango sir,
ssa dr saab and sujatha mam
what will be reaction of market if IIP comes at 8.1%? -ve or +ve.
Please give your views.
First, is it IIP or GDP?
@Brij,
Thanks a lot.
Nifty hits 73.6% retracement from 5605.
@Sujatha,
Did you check the hourly chart from 18-24th March this year as discussed last week? The remaining part is also going the same way. :)
@ Prabakar
Thanks again for posting Snap work is success....
Congratulations....
now even in busy days you r able to post OI data....
some times am unavailable here due to some personal works....
if any problem found please contact me by mail....
(G-mail activated for mobile access)...
@Prabakar
Sorry After GDP ...
Please find the upcoming events
The volatility will increase from mid next week
Events
Date Event
08-Jun-11 ED to brief JPC
09-Jun-11 EGoM
11-Jun-11 IIP
13-Jun-11 Inflation Data
15-Jun-11 Advance Tax Payout
16-Jun-11 RBI Policy Review
Thanks Nimesh Bhai.
@Fire
GM...thanks for the confirmation have been following
March prices. lets see....
fire- which site has hourly nifty charts?
@ Ananyavrat,
As these are aggressive intraday shorts, if sold near 5531, 5536SL and if Nifty moves to 5550 and if sold near 5550, SL would be 5560.
great illango sir
thankyou ilango sir for your guidance
@Gagan,
Yes, till now the similarity is is good. But when following the fractals, please keep in mind the ever-changing dynamics of the market. Best to get the confirmation via TT. And now TT is giving no respite to the short-term bears. Perhaps 5541 or 5565 (channel upper boundary) can give some pause. If 5500-5500 is protected on the downside now, the short term bears will be in more danger.
@Ram Charan,
I use a charting software and Master's excel file.
hi brij/parminder :)
fire - check mail. itching...anything may happen here :(
nothing in the mail madam
@Fire
Can you plz tell me how to autoupdate
Justnifty TA excel file at ur convenience in email.
Or does it autoupdate itself or not?
thx.
Kumar Sir (Khaas aap key liye)
Jindgi Dhoop tum Ghana Saya
http://www.youtube.com/watch?v=sDFMMkOm--A&feature=related
@Prabhakar
Can u plz explain how to update excel sheet automatically
and how to interpret ur technical table
what is BOD
thanx and regards
@Fire,
Thanks you for the update...and confi booster:-)
Q4 GDP - 7.8 % vs 8.27 %
@Sujatha,
Please check mail. Sent a chart too.
test
Ram Charan said...
test
Result=?
DR ji....Kya baat kya baat kya baat, thanx for nice video:)
@ Fire - thanks. replied. 5500 OOps.FIBO/CAM/20sma for 3 months, P&F, etc., etc., including sentiment level. huh.
@Ant,
I just copy a row from the data table and paste it on the last column. Then I put the hourly OHLC values manually. Rest get updated automatically.
test working :)..someone said blogger is not working so was just checking :P
When is the "Diesel/ Gas price hike"..?
hello Sir
After june 6th sir..
Next meeting on 9th June for Diesel price hike sir
thanks Fire. I will try that way.
Mostly on or after June 8th, that too as usual
over weekend night,,,
@ kumar sir ji
Just received sms after this announcement:
What will be the advertisement for Petrol in 2025?
Buy 20 litre Petrol n get "TATA NANO" absolutely free. :-)
Master,
Can you please check mail at your convenience? Sent you one.
sir i want to know these are private chat?
Kumar Sir,
Very tempted to buy 5500 put @110 levels ... A go for it ..?
Indian Oil according to reports said yesterday they might increase petrol prices by 1.35 rs starting 1st june. Diesel/ Kerosene meet on 9th june
Dear All!
Today is last day for collecting views on this video so pls help & view this video many times today by replay again & again. Thanx & regards..
http://www.youtube.com/watch?v=Wfk8fK3DTY0
When is the "Diesel/ Gas price hike"..?@master said..
Is that indication to go short..
Dear Prabhat!
Anyone can buy 5500 Put at this price of 105 & stop loss is 5565 on Nifty spot, it may be a multibagger in this expiry:)
kumar sir- viewed it again..will view it again from office so that it gets registered as 2 seperate views..
Dear Ramcharan!
Thank you very much...but i think if u will replay it again from here...it shud count...its my guess:)
Gagan ji
Wadali, Nusrat and one more name you were mentioning?
@Kumarji,
I think the same IP address will be registered as a single view. IT experts like Brahmesh, IT could confirm.
What is a good price to short BN
Dear FIRE ji!
Thanx for ur kind words, u r really allrounder:)
@ Ram Charan
Ram Charan said...
kumar sir- viewed it again..will view it again from office so that it gets registered as 2 seperate views..
you need to watch full video and close it after watching clip....
then again open from the link above....
then only you tube counts....
(clever Google guys.... adopted new tech for counting views)
reply and refresh will not work for count...
Hello kumarji,
The views to the video should be from unique IP addresses, single IP address with multiple views would not increase the count, I have asked 12 friends to do it everyday. It hope it adds decently to the count.
Also, holding 5500 puts with conviction, which is becoming stronger by your confidence.
Thanks
@Kumarji,
Jack of all trades, master of none -- very apt for me. :D Brahmesh could confirm my IT skills. He had to help me online in the last Saturday evening for 3 hours regarding an excel problem. I am grateful to him for his selfless help. That's why this JN family is so precious to me. The members go out of their way to help each other, and idiots like me can survive. :)
yes fire is right. 1 username 1 comment is proper otherwise it will look as spamming.
Also use proxy if want to post from different IP, create new account.
I have posted my thx there.
Dear IT & hitz!
Thank you so much:)
@ Drji,
Sabri Brothers, Alam lohar, Farida Khanum...
@ FIRE
youtube will not count IP Hits....
it only counts how many time video played
(in full length) if we close in middle it will not counted or we
open multiple pages it counts only one...
it counts one stream (full length) at one time for one video from one IP...
after viewing clip close it and open again from new window.....
@IT,
Thanks a lot. Now I can increase the count by a decent number. :)
Dear FIRE!
U r master's favourite due to ur intelligence & awareness, but u r my favourite bcoz u r real down to earth, humble & always give credit to others.
Gagandeep ji
http://www.cokestudio.com.pk/
Huge collection of Sufi Kalams
mkt new high
New Post Done.
Dear Kumar Sir and Fire Sir
IP address is unique for every Computer.IP address is same like ur house address.
There are few software which can change ur IP but that comes under unethical ways
so to increase the video views post the same on some
socail newtwork site .
Or send it to me i will post in my FB account
Thanks
Bramesh
5536 taken
@ FIRE
please add 10-20 sec delay for playing again..
:)
Ride the trend till it bends
Mkt digests Big Bad NEWS and falls for no reason :D
very funny must watchhttp://pipesandtheories.blogspot.com/2011/04/keynes-v-hayek-rap-battle-part-ii.html
@ Kumar Sir - As per your direction I have loaded myself with NIFTY 5300 puts -
I must warn you though markets always move in the opposite direction of the positions I hold :)
Bank NIFTY hits 38.2% retracement exactly at 10,966 -
NIFTY hits lower trendline of the bear flag made from 4th May to 13th May - Caution with longs
@all
is anyone using Ventura??
wat is its feedback?
why so much SHANTIIIII
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