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...
52 comments:
Guru vani "Fall will accelerate only after closing bellow DLEMA,
till such time......"
Friends ,, tisco nr 580,, if break then?
@Mishraji do you mean below 5496 spot?
Stop and reverse now plugged at 5519.
want Buffalos to go deep into water but water in d dam is now only knee deep :(. water is not rising(VIX)
Most optimistic case for bulls:
Market may test 5200-5250 but keep on closing above 5300 this entire week.
Sam, I do not say anything, it is Ilangoji's teaching.
Read all the stuffs. :)
Dear SaiBhakt!
If Nifty closes below 5350 then u may get huge money out of these puts, like 200-400-600 too so be cautious at 5350 only. I have all varities of puts, 5800-5700 & 5500 too, and most of them are free to me after huge trading, Bears are not giving a single opportunity to Bulls so be Bindaas & hold it. But dont call that 5565 will not come this year, either Bulls will attack furiously:)
Ulta Cup and handle in 4 hours chart.A break of handle
(in making) will give 200pts either way easily. As such
we are looking a breakdown, but possible otherwise also.
tisco 580.6
Dear sKmishra!
Ur observation must be correct bcoz due to downtrend & hot summers, Bulls are throwing away hot tea:)
sir,
the move frm 5443 looking like a triangle . maybe one more
dash to 5550+ tomm before the awaited fall
Kumarji lol
a gap up in vix between 2:20 and 2:25
intraday-5 mts tf
My tukka experiment, present level 2 of the day is 5496,
which is bellow morning level of 5510. Riding with
bears intra sl now 5496+4.
Can anyone suggest good site for live vix charts please?
NF low last week 5465
@ ram charan,, visit nse india
brij- java is not installed on my pc and moreover we just have to hit refresh all the time there.
Anyother site?
nseindia.com
Dear Cooldent & all!
Who are interested to book part profit, they may cover their 50% shorts near 5440-5460. Market will be highly volatile that time so i will not be able to reply that time.
@ Ram Charan, 26051 nse code, nse scrip name: india vix for VIX in
realtime
@Ram Charan
If you r using any charting software...
you can find VIX from NSE stocks list...
listed as INDIAVIX
@ thanks kumar sir
Mishraji –“ A break of handle (in making) will give 200pts either way easily. “ apply fevicol and hold it :)
“but possible otherwise also” - mm.. very careful statement. Hope all is well :D
Bye take care
@ sk mishra,,
Real time it is not found , i checked
tisco 576 now
SKMishraji . Thanks i used the script name to see it on google charts.
Dear Sujatha!
New levels pls, V all r keenly awaiting:)
Dear Sujatha, u r there and that too so silently!
Expecting your lively flows.. btw thank you and wish
u all the best.
mkt not breaking ns :5495
@ mishraji,,
In real time data express , how can i get VIX?
Friends: As Ram Charan mentioned.. Get the REAL TIME VIX here on Google Finance:
http://www.google.com/finance?q=NSE:INDIAVIX
21.48
+0.85 (4.12%)
Real-time: 2:51PM IST
NSE real-time data - Disclaimer
@Sujata ji,
"The tendency has been for the markets to peak a few days ahead of the full moon, move flat to slightly lower --waiting for the full moon to pass. Then on the day of the full moon or slightly after, the brunt of the crash hits the marketplace."
You comment on this please and is it tomorrow full moon day?
saibhakt- full moon is on may 17. I just checked a few sites.
Today morning 5400PE was 40 @5510NF and now it is at 34 when NF is 5490. Why PE price is not inceasing inspite of nifty coming down?
Seniors please explain
thank you Ilango sir for tirelessly updating the TT table hour after hour...
@Nataraj- Thats because of time decay...
nataraj,
options decay with time. When expiry comes closer they decay faster.
by the way, I am not senior.
But in a single day I have not seen this kind of reaction.I was expecting atleast same price after 20 point fall.
@Natraj may be more sellers are there .. I mean writing is going on
Natraj
Its OTM and having time value only
(no of days left for expiry X 5 points per day)
Nifty has to close below 5400 than only profit will start
till than 5 points loss per day :D
Dear Nataraj!
When Nifty future made low 5494 @11.29, that time it traded 40. Rightnow Nifty future is nearly 5490 and its at 35 so nothing wrong significantly, kindly check again.
Is tomorrow trading holiday?
no holiday till 15th aug
Can check here for NSE Holidays..
http://www.nseindia.com/marketinfo/holiday_master/holiday_list.htm
seems like DLEMA is going to be protected.
tomorrow again we may open gap down 10-15 points
@Nataraj
5400 put added OI with reduce in Iv(implied volatility)
clearly suggesting aggressive writing..while writing sellers push prices down...
If breakdown would have been there, it would have
happened today itself. But NF is bouncing from the
lower level and I think one more rally is expected
to 5575-5600 level by this week.
Bye friends
when everyone was looking for a breakout @ 5900
markets were waiting for this election uncertainty to pass,
as well as the government to move on certain policies, such as, to increase fuel prices...
nifty was @ 5900 and brent crude @ 126 at that point
now @ 5480
uncertainty on election results over
and hopefully other policy measures are taken up by our government
i think every dip is a buy,
if nifty does to break 5300...
we should give a huge breakout on the upside..
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