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...
70 comments:
Dear Sahilraj thanks i got it.
Thanks to all senior for their guidence....
If nifty spot closes above 5532 today on closing basis...i think its a positional buy with SL of 5463 initially....its not technical but according to volume theory and above 5575 nifty short covering lead to 150 to 200 points rally...Its my personal view..
yesterday buying seen after +ve divg at 5450 on 5 Mt chart...now If next 30 Mt market not go up we may see -ve divg on 5 mt chart.
Kumar Sir I too going short now but not big qty.
GM Master and copy to all
Kumar Sir,
Kudos
Reliance on days low
DR Sir!
Good Morning...aapka hi shishya bana hoon tabhi investment me 30-40 points mil gaye:)
Gm Sir and all JN Family... trendline resistance at 5520 in 30 min charts
https://picasaweb.google.com/lh/photo/gcBi8JQ0o6VdjGabuo_tUm_lXrT8QbXaRM-KS4JasvY?feat=directlink
any one confirm head and shoulders pattern @ RIL?
Below 910....Barbaad chaman (Nifty) ko karne ko bas ek hi ullu (RIL) kaafi hai:) Really its charts are in very bad shape so be cautious in longs.
Pranam Guruvar Kumar Sir and DR SIR
Kumar sir,
kudos to your accuracy. I have watched you since last month. It is amazing how you decide your entry and exit.
Hello Sir and mmarket participant
------
i was heavly short yesterday at RIL
Nifty Fibonacci levels: CLICK HERE
Dear Natti!
I am not extra ordinary person, i am a simple trader & using my 100%, you also can do this but just believe in urself 1st. Yes, good wishes of all my patients are with me, thats extra cushion.
Dear SAM!
Guru gur rah gaye aur chela shakkar ho gaye, tumhare contract notes bata rahe hain ki jaldi hi HNI category me pahunchne wale ho:)
Babu
wot doing?
If you have older version of MS office and need to use
the 'trade signal' file of premkt page, download the
xls format from ..> http://www.freefileconvert.com/converted/4df6e96cac193/Trading.Signal__1_.xls (link valid for 12 hours only)
कुमार सर, आप हम लोगो को बेवकुफ नहीं बना सकते,
हर Genius यही कहता है
i'm just a ordinary person.
Dear Bhushan sir,
Its for you & all after a smile:
A quote said by a friend to his best friend after both got busy in their life & did not contact each other: I miss ur smile but i miss my own smile more:)
Good morning to all,
Sorry for my absence yesterday. I had been to
Tirupati seek blessings from the Lord Venkataramana & thank him for
being so good to me.
I prayed that he grants us with more wisedom so that
we make good profits in the mkt.
@Kumar Sir: How are you sir? Any new positions you took
yesterday? You have been really good in guiding us.
@Mynac: The silent trader. Any new positions?
भूषण
यहाँ ज्यदा लोग साउथ इंडिया से है
जब हम हिंदी मे लिखते है तो उनको
समझ नहीं आता
जैसे यह हमे समझ नहीं आता
குட் மோர்னிங்
to type in regional Lang
try
http://www.google.com/transliterate/
5519.52 is a 61.8% retracement of fall from 5570 to 5437
kumar sir ,thats the mark of a genius and humble person
धन्यवाद् ! दिनेश गुरूजी ! आपल्या माहितीबद्दल ! (मराठी)
DR sir, let me try
നമസ്കാരം
Dear All!
Thanx for ur kind words, trust me that i have changed after coming to this blog & watching +ve attitude of Master, FIRE, DR, Prabhakar, Piyush sharda, Mynac & so many others. They all are real gems & i have a very high feeling about all of them.
Nifty may give another bounce from 5480-5490 zone, lets see how long that bounce will hold...i will cover some shorts there sure if comes:)
cooldent said...
DR sir, let me try
നമസ്കാരം
cooldent I can read and understand your Russian but can
explain to others :D Lolzzzzzzzzzzzzzzzz
Good morning sir and all :)
DR-ji – not got it how u did “chutney receipe” :D
Prabhat – If u don’t send “leave letter” then u have to “stand” and trade for a day :D Venkataramana so good to you?? – And please recommend my name to him . Atleast “his collection of 3 days” is enough for me to settle well someway. :)
Cooldent – Endhaa Malayalam samsarikkunnu??? Malayalam ariyumo?? Paranjettilla.. enneke Konjam ariyum chetta
दिनेश सर,
आभारी आहे
we should not go short unless nifty shows - ve diversion
(in 1 Hr. chart) Am I right Kumar Sir?
now down to 5470 may come and then rally to 5495.
after that break down ......
anyway I am in loss as holding reliance capital 500 put option only at this point o ftime.
ha haha DR-ji - that's malayalam :) hope u r kidding
i think he typed "namaskaram" am i right cooldent..
@ DR sir and Sujatha :))
@sujatha. yes u r right. I belong to kerala )
Master,
Can this current pause be ii.3.C?
Dear Shradha Saburi!
This 5500-5525 area was expected & good for selling with stop loss of 5570 and this was given at my blog on sunday. So its not surprising to me, i am ready with my main & alternative plan.
Kumar sir - am waiting for 5518/32/44 sensex holding here will give another 200+ then nifty will be at ur 5570?? :D Above 18363 it's +ve
@Kumar Sir Presently I am HNI ......High NOWOrth Individual...
:)
Beautiful Quote of the Day: no offence
"A beautiful dress is of no use unless it inspires someone to take it off"
Swami imran hashmi
I think if JNSAR is triggered without some firework by
nifty then there will not much gain by it but it will
create - ve diversion.
Parminder :(
one minute BB is currently squeezed. move up/down both possible.
Parminder - Swami Imran or Actor Imran hashmi?? :P :(
Yes..Fire,
That is the most obvious looking one.
watch fun
http://www.youtube.com/watch?v=DSLfsCD7LoQ
@ Fire,
There are two "C"s at work here. I meant the "UP" one based on ST TA.
It seems safe to buy 5400PE and 5600CE one each the
breakout may come by thursday if 5330 or 5605 goes than
minimum 250 points movement in NF can come
@Fire,
ii.3.C? is it upmove or down? not tracking EW. your view will guide us.
Master,
Thanks a lot for your reply. I meant the "up" too, as holding my longs. :D
Good Morning Sir and Warriors
Kumar Sir
sorbitrate
@ saibhakt,,
Dlf want below 230
@Sujatha,
As of now, your Gann level 5517.05NF is holiding, failing which may try next level down 5479.98? your views pl.
From yesterday's raise from 5476.10 to 5519.95 today, Fib ratio support at 5502, 5498 and 5493.
some fibonacci levels at work..
http://imageshack.us/photo/my-images/541/nifty5min.png/
5500 PE writing still going on? Is this true? further
upmove possible? option OI experts, please comment.
Its looks like market will go up today, as inflation
figures will have little or no impact. Also shorting
can be considered after 100 points up move at 5540.
As we have three events this week + 1( Fuel price
hike that can come any time), after that no news
flow, its left to global markets. The next two days
can be down, atleast the advance tax numbers. The RBI
event will have a temporary impact. Thus expecting
100 points move tomorrow on either side as we have
eclipse visible in india too.
Braveheart Strategy
with pinch of Churan or Hingoli
http://220.226.189.131/SSKICMT/Upload/NewsLetterUpload/BraveheartSpecial140611.pdf
Dear DR!
Avoid use of sorbitrate etc., usage of natural remedies is far better:)
SR-previou oi-curr oi-oi chg-%Chg
PE5400 9710350 10,278,650 568,300 +5.85%
PE5500 6352750 6,990,200 637,450 +10.03%
5517 weekly H3
talking abt fuel price hike...
tweet at 10.59 from cnbctv18
Jaipal Reddy Meets PM To Discuss Fuel & Diesel Price.
Inflation 9.06%..........very bad
INDIA MAY INFLATION AT 9.06% VS 8.66% (MOM)
Now .50% rate hike looking compulsory:)
Inflation 9.06%
its look like 5480-90 is possible and then a upmove of
50 points to 5530-40. Seniors plz throw some light on
this.
Now Bank Nifty should come in front to lead the fall:)
New Post Done.
dow fut +78
brijsolution said...
@ saibhakt,,
Dlf want below 230
June 14, 2011 11:23 AM
Enjoy ; D from 234
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