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...
47 comments:
5750 SPOT COMINGGGGGGGGGGGGGGGGGGGG
Shhhhhhhhhhhhhhh :D still no buy signal
haha DR, astrotech is astrology based prediction master
so it may come, let's watch,,,
what is low of mininifty?
Raja ji
Sai Bhakt says 5100 coming Astro tech says 5700 coing
due to this reason one of our Old JN Friend
Mr. RM Sharma (Smiling face) stopped visiting JN
give some logic with your call let all learn and earn
ILANGO SIR , in justnifty TA (09)DATA OPEN ,HIGH LOW CLOSE IS AVAILABLE ON HOURLY BASIS BUT I NEED IDATA IN MIN
OI Experts
BN OI decreasing with price increase ?
@ saibhakt
5535 not crossing nifty yet
Dear Amrendra, Which scrip 1 minute data?
DEAR NARESH KUMAR I WANT DATA FOR NIFTY, BANK NIFTY, CNXIT AND SCRIPT OF NIFTY
5521/5544 important numbers to watch now,,,
@amarendra If you are using amibroker or metastock Just download chartsdata from traderji and you can get data for any scrip for last 15 days in 1min format.
Hope this helps you.
Regards
Sam
Dear Amrendra, give me your emailid, mobile no.
@brij..
Yes I told 5535 resistance, so working. But sometimes I speak whatever comes to mind, which is not right.
So thinking of speaking less so that I am more times right than wrongs.
Dinesh Ji,
Logic is if it is 1st leg of big down move, then 1st leg should retrace almost upto previous low which 5177.
therefore i am saying that it should finish around 5100-5200.(lat low 5177)
generally we are correcting 450-500 points in impulse move.
6181-5690 = 491 points
5886-5410 = 496 points
5607-5177 = 440 points
5944-5444 = 500 points
so i assume that 5590-500 = 5090 level
so there is logic. timing i will feel may be on thursday, again which is 22nd day (61.8% time of the rise from 5177 to 5944 - 37 days)
so this is the logic.
So stars are deciding where Nifty Goes.... :D
naresh kumar my emailid is aman.ranchi01@yahoo.com
Thanks SaiBhakt :D
I read somewhere, as per runway gap analysis, Nifty
can move upto 5710,,, especially when market run fast...
Dear Fire!
Sorry for delay in reply bcoz i was busy in a high profile meeting. Options are really very difficult to trade but sometimes risk reward ratio very favourable & no margin requirement. When Nifty was near 5800, i bought 5800 put @110 & sold nearly 300. So i am playing in puts only by that profit. Usually i do for my clients 80-90% in futures only.
Dear Prabhat! I am unable to reply you bcoz when charts gave buy signal @5450, U actually feared me that Sharekhan is giving 5200 target...If i listen u then definately miss 100 points rally.
Dear Mark!Just click on my profile name & u will reach to my Blog easily.
nifty rock on no if then no above below direct uppppppppp all nifty calls fireeeeeeeeee distant nifty calls almost doubleeeeeeeeeeeeeeee
NF premium is above 10, which is good sign for bulls
cooldent ji,
small question regarding JNSAR.... JNSAR daily how to decide Stoploss
BNF at 30 points premium.
4th leg ki gandi property hai, false breakout ki...
sorry bus yaad kara raha tha
sir can you clearify me
i have a problem
according to me this is b of the 5th wave whr it take
support arnd 5440 now if it hold arnd 5400 range thn C
Can you plz solve my problem
I upload my chrt on
http://niftytechnicaltrend.blogspot.com/
sai bhakt,
According to time cycle study we should touch 4850 levels before 10 june
so lets seeeee if possible or
so the tgt shld be 6200 in current or next mnth starting
India VIX is @ 21.96
Sir can you gave me your e-mail id so i send
you chart
Very nice InH&S on 15 min charts. candle closing above 5585-90 can target 5700-5720
hello
Sir( DR, Kumar, Fire)
as i m analyzing mrkt is making VHS confirm closing abv
5580, so the tgt shld be 5710
but my question
as i m calculating this wave of 5th(b-->c)
whr if this sustain abv 5400 or close abv 5680
give the confirmation for the tgt of 6200.
can u plz clearify me , whether i m right or wrong
as i post chart on
http://niftytechnicaltrend.blogspot.com/
or either give me your e-mail id so send you graph
hi Ilango,
Hour low @1pm is 5502
Regards
Girish
sustain abv 5400 and close abv 5680 this week
Hi Kumar: One of my friend works in sharekhan & hence she updated me that their technical analysts had provided them the tgt of 5200 levels for this downmove.
But anyways nifty has risen above its 50 dma of 5550.. I hope it does not close above this level today. The more number of days nifty stays above 5500, the more puts below it will decay.
Nifty can rise fast according to 5,13,26 EMA on 30 mins chart.
Dear sam plz provide me link to traderji as i went to traderji.com but could not get chartsdata software
Sir- when to reverse short positions for BN and Nifty?
Amar, Please check Email, I Send 4,5,6 May 1 minute data
@amarendra Here you go....http://www.traderji.com/software/24076-odin-realtime-data-amibroker-metastock-fcharts-excel-txt-backfill.html
Dear ser.feliz05!
Fire & Piyusha Sharda may reply u properly bcoz they are expert of waves. For me it should not closes above 5693, that is safe for Bears.
Kumar
@ Hitendra,
Following is the Pre-Market View:
Nifty tilting to downsides in the medium term if 5350 gets broken. However, the short term has shown a reversal after positive divergences.
The retracement levels of 38%(5622) and 50%(5679) are the two levels are to be watched for development of negative divergence in the Hour TA.
Presently, it is trading zone...buy/ sell/ buy OR wait to resell at the above zone or break of 5475.
Nifty In a range : CLICK HERE
Thanks sir.
New Post Done.
trusting this market is not favourable until hit high f weekly chart
thnx kumar sir
can you send me ur email id so i send you my querry
or plz chk this
http://niftytechnicaltrend.blogspot.com/
If you are trading in NSE, BSE, MCX and in NCDEX then let sharegyan give you all stock trading gyan
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