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 ...
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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...
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Trading strategy that works wonders besides the supports & Resistance is " Retracement strategy ": The strategy that has wor...
50 comments:
Thanx DR...that is do or die area:) Master mentioned so many times for objective type analysis but nobody is ready to follow. How a trader can depend upon a mechanical system in between the market, these kind of system give best results in last hour when they are on verge of making or breaking. Just look at the end of day, JNSAR will win sure i think & it will be in favour of longs.
Dear Mynac! Thats my one of the favourite songs, actually practical words:)
Dear SAM! Enjoy the song & market too:)
5534 very very imp to break today itself otherwise bears wll come
@3:25pm if NIFTY is above 5495 carry LONGs forward... if below 5495 carry shorts...
Be careful with 5534 level
Dear Kumar
Your call was excellent.
Thanx NITIN. Dear DR.....Just look Bank Nifty 200 points jump from bottom:)
Great Song & Call Kumarji,
Part booked;-)
@Nitinji
Thanks...lovely analysis
please keep being kind & posting
Yes Kumar Sir
My bad luck I placed buy order twice and now
carrying double lots of long than my capacity :(
@ DRji
BN 10725:-)
Thanks
From Oi picture, call writers are standing still and not yet going for covering
but put writers seems to be fearless after 5511.
Dear DR!
It will give u double profit:) But i exited my Bank Nifty longs & started shorting again but very light shorts as of now...U can say only 10-15% but holding Nifty long very tightly:)
5543 daily pivot
5526 weekly pivot
Booked Profit in BNF @10842 bought @ 10692 .. rest holding with TSL of 10800
Sir,
If you can, what likely be JNSAR for BN tomorrow?
VIX now 18, just reversed from 18.83:)
कुमार सर का जवाब नहीं
brijsolution said...
Be careful with 5534 level
June 6, 2011 2:35 PM
Now Bulls 5520 imp to sustain
कुमार सर का जवाब नहीं
goggle translates it like this
Hindi to English translation
Kumar, head of the answers
@ Babu,
BN JNSAR for 07th June 10807(Approx)
Lol!
DR Sir hahaha
Dear Bhushan!
Its not like that, i did whatever i said on my blog yesterday & here too again n again. Covered shorts between 5500-5475 & gone long from 5480 & my target was 5550-5575 with stop loss of 5435. I always follow my system & discipline i learned from ILango sir, thats why i am always happy & successful:)
DR sir...kyon meri band baja rahe ho(:
Dinesh Sir,
What is the SL of ur BN
Thanks in advance
Sanjay
@Sir,
Thanks
@Kumar Sir ... May One Day this discipline become habit for me.
PUT writers keep selling spree. FEARLESS!!!
Bulls partying, and wanna go longer
No short sell signal on my system as of now....It should come after 30-40 points rally & after 1 to 2 hours, lets see how it unfolds:)
Dear SAM!
Make it habit soon, it really rewards 100%
Sanjay
dont ask my SL mine is 10650
You can keep 10725 Fut :D
expecting some mild Nifty cooling off......
Dear Sanjay ji!
Sorry for jumping in between, my system giving stop loss of 10775 on spot for any long in Bank Nifty. As of now no worry & i am long again in BN too:)
Height Of Being
Hygienic:
An Computer Student
Washing His Hands
With Dettol After
Removing A Virus
From His System.
Dear Kumar, when shall i learn discipline like that
of your! great posts! may i know what software do you
use, please? thanks
haha DR, LOLZ, rolling rolling laughing laughing,
@JN: I closed my calls for today, will enter again
tomorrow based on market,,, Enjoyed the bull run,,,
illango sir if close above 5511 can we carry jnsar long
Dear Parimal!
My company provided me 3 softwares so i use all of them but most important oscialltor is one's own TEMPERMANT, if one uses it correctly...he or she will win sure most of the times:)
Yes Kumar sir, absolutely right,,,
DEAR KUMAR
thanx for practice advice.
5500CE added 4 lacs, down from the highs of the Day
5500PE added 9.3 lacs, quite a bit from the morning when it was a bit negative
5400PE is rock solid added another 9.65 lacs and now has OI of 83lacs
5600CE dont seem confident enough and has covered small
5700CE is wall of china with 7.7 lacs added
Lovely Kumarji:hehehehe....
Ilango sir, can we carry longs??
ok kumarji, we will talk on yh after 9, I have accepted ur id.
Kumar sir fan club.
Get rich slowly.
:-)
Dear Sir,
I have the same question as BIzagra. Sar is long but not closing above High ema
Can we carry longs?
Regards
Big Reminder: Any close above 18380...Sujatha technical Institute's level may give a jump of another 200-300 points in sensex:)
JNSAR longs to be carried forward for tomorrow...atleast i am carrying NIFTY longs for tomorrow..
VIX near 18, still have room to come near 17.50:)
Bye ilingo sir & all friends
@ sujata
please send a t4est mail to natiraj@gmail.com
I have some queries on CAM levels
Brij- why do u always Spell ILango sir's name as ilingo? I didnt ask earlier thinking its a typo.
Yes ram it shoud be ilango sir,, right,,
Thanks for corrcetion
So finally mentioned 5534 imp for nifty ,, as same closing @ 5532
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