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....
-
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...
33 comments:
sabhi bandhoo logon ko pranam !
Gm 2 all,
Where is nifty heading towards ? 5750 or 6000
Is it raining in Delhi?
hardly and rains in gujrat freinds 15 days delayed
DR At Dehradun it's raining cats & dogs !
hardly any
DR sir, chip chop chip chop
It's pouring here
http://www.youtube.com/watch?v=T65m6QnRihU
Dinesh Sir
Any positions in Copper - it looks like an Inverse HNS in hourly charts.
DR sir, BN view pls
Rishi M
Mine copper trade is over will buy on dip whenever it
comes, I am not in hurry to get rich.
Still no Sell signal in copper TSL is 423
Good Morning Sir and Warriors
cooldent
Yesterdays levels still valid not change
above 300 +Ve
below 250 -ve
(fut)
Thanks boss
Illango sir can we consider this as a breakout from range
on upside?
whooopa!!
Satheesh, when did nifty spot touch 5776.
DR sir, Knock knock knocking on 200dsma?
Badri,
Sorry typo 5677!!
Ilango sir, which level will delete red scenerio, is it 200dma??
Thanks
@ Musti,
At the open, above 5636 & 5645 indicated upsides, out of the ranged moves of last 4 days.
5690 is again the channel resistance, above which 5743-200sma.
Satheesh, as you said weekly breakout level is 5777 for a target of 5908 but this week only one day left, and next week it will change.
@ Bizagra,
It has many possibilities. Suffice to say that about 5690, it is likely to attempt 5745.
It is also possible that it could face resistance again around 5705-5720.
FII's continued buying is the one factor that keeps this direction UP.
@ MUSTI
nice to see you on this blog ; i was tracking your calls on abn group
Triangle Breakout, with Volumes, good for bulls if
sustains above breakout level, 5660..
Targets will be minimum 5745...
Below 5660 first sign of weakness as 5664 day high EMA as off now..
Hi Everybody!
Blog updated: Those who covered Bank Nifty yesterday near 11260, may go short again here between 11350-400 spot & stop loss is same at 11450.
Nifty also near stiff resistance area of 5710 so one can go short at 5690-5700 spot with strict stop loss of 5710.
as per yesterday's observation criterion:
hindalco and bharti may have topped out for the month today
Looks Like We are retracing again to 5645 before any further rise
New Post Done.
Hourly chart is going in the overbought zone. Little strength left in 3-5 minute chart. I guess post 12.30 - 1 pm I would be a little bearish, provided NS doesn't cross 5700. But then again, I am a bear and this is certainly a strong bull market.
Post a Comment