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...
51 comments:
good morning master,seniors & friends.have a nice day.
Good Morning Master Ilango and friends
Jai Shree Krishna Sir,
In the Tech. Table,What is the formula for
calculation of JNSAR ? And please explain JNSAR in the
detail by which I can understand.
@ekta sharma. JNSAR is sirs intellectual property so method of its calculation for obvious reasons cannot be disclosed here. For understanding JNSAr read all the write ups given on the left corner.
Ekta Sharma,
Namaste.
Mr Ilango has explained everything in his literature -
read " Always start trading here" at top right of green column.
column.
Namaste Cooldent and seniors,
Could you please let me know when to resell or rebuy. in the JNSAR table at the very botom it says down. Does this mean resell.
Thanks
Gm Sir and JN Family...
Good Morning Ilango Sir and Friends
Nifty may retrace to the breakdown level: CLICK HERE
Sir,
What are the re-selling levels provided we gap-up?
Namaste Ilango Sir and all good friends
Agni level is at 5216
Nifty>Agni go LONG Else SHORT
Namaste Ilango Sir and JN Family
Good Morning JN Family
Good morning Ilango Sir and all
Good morning Ilango sir and JN family -
NIFTY and BANK NIFTY charts have been updated
Good luck to all !
Good Morning Everybody!
Bank Nifty future gave a good opportunity to re-sell so i added 25% more near 10550, I will add more in rally & stop loss & targets are same.
Rgrds,
Kumar
@ Vanquish,
Great work sir. Detailed explaination is great help for me to learn further.
Thanks
@kumar sir - I have joined you as well at 10,545 on the spot - will add more if it comes up
@yash and dhan. Reselling can be done close to resistances.
good morning one and all!!
Happy trading!
Dear Vanquish!
You are the smartest one so no need to tell, i already assume that You will be shorting. As day will rise, our leader FIRE will show us path:)
Namasthe, close above 5290 @10AM is a buy for hourly
JNSAR, please confirm.
ORB broken downside :)
As per Ilango sir's charts it will be interesting to see if wave 5 has started - but labelling looks perfect (as always)
wave 4 is usually in the form of triangles unless this turns into a complex correction.
As of now Big Brother not showing interest to move up.
Good Morning.....
Namaste Ilango sir, Kumar sir, all seniors and my friends
So much for "positive global cues" :))
nifty resisted around 5287..50% retracement level.
sir,
i feel wave 3 is complete frm 5570, at 5196 because
the rally compares in time and magnitude to wave 2
5437-5520. and wave 4 going on??
@Kumar Sir
BNF tgt and s/l pls
Fib Retracement resistance at 5288, 5294, 5300
@ PS,
Labelling live has its limitations . . I try to do the one that is most obvious to me. As prices unfold & if I sense an alternative scenario looks compelling, I wouldn't hesistate to change it.
In both the cases, it is "Trading time"..
These are sub waves of the main wave Down which should be remembered till TT changes that.
The above retracement is for fall from 5322 to 5265.
Gm Illango sir & all
@ Cooldent
Did u enter this month option Strategy?
It completed on Monday
Namaste Ilango Sir n Blogmates!!
@ Cooldent, I almost got done in by positive global cues.
:) :(
Namaste ilango sir and friends,
Today's quote received :
Failure should be our teacher, not our undertaker. Failure is delay, not defeat. It is a temporary detour, not a dead end. Failure is instructive.
The person can learn as much from his failures as from his successes.
Failure is the tuition you pay for success.
gm sir and freinds
GM musti. Long time
@musti. No this month i couldnt enter :(
very true sir. just wrote here as it seemed to me
Good Morning all ...
Kumar Sir I am also short in BNF.
@BNS i was actually hopefull that the +ve cues will give me a higher level to short but.....:(
Ya Cooldent,
Now I am very much busy in commodity trading.
Also my browser cant able to post any coment on any blog.
Today my problem resolves.
This month strategy is much simpler,
Gives 220 points in just 12 trading session,even without
a single whipsaw.
Dont miss nxt month.
Try to enter near to 1-3 day of nxt month.
@guaresh
Nice one. most needed for me ;).
Some one has posted about Wolf wave
Can any one confirm it at present scenerio?
I am a novoice in pattern reading.
With sl of 5170 for a target of 5700++
Dis:- This is not mine reading
@ fire U can through some light over it.
New Post Done.
@musti. Thanks for remembering. Will surely do next month. Indore trip is on the cards in near future :)
plz any one tell me onlyjust nifty is not open in my computer and other site are open smoothly
from last three days i can not understand..pplz help me
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