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...
75 comments:
Sis
Jagmohan Singh says
women are better traders than men
http://thebestbusinessintheworld.blogspot.com/2010/09/why-women-are-better-traders-than-men.html
@ DR
That was beautiful article. But does not give any clue on the direction of the moves.
LV
NIFTY OPTIDX Open Interest at 12.00 pm - > CLICK HERE
worst is over
hongkong recovering
NF AT 12.10. OI up by +943350 at 22125700 and price up +2.25
I totally agree with Jagmohan on that. Women have this "intuitive feeling" which is one of the most vital factor for a successful trader.
Well, men should restrict themselves to "Method" if they find themselves lacking in "that factor".
Dear PT,
Just saw your note. it seems so. 5600 PUT OI up, price down -> NS BULLISH.
@Prabakar
Thanks a Lot
Kya kare kya na kare ye kaisi mushkil hai ----
Koi to batade iska hal o mere bhai :(
Europe trade is opening in positive
5500 put has got highest OI. For intraday 5400, 5500, 5600 put writing seen based on OI up/price down
there are not much changes in readings of a/d
graph
of 10 min . chart ,peace before the storm?
@Prabakar
5600 Puts again covered in Fraction of time
@Sujatha,
yes, Great Fevi bond with 5560-70. Like Vidathu Karuppu... :)
Erope open in the green,may we get clue from that
Sis
Regarding Jagmohan Singh
I once requested KPL to add his blog on VFM and now it there :D
His each and every post is Traders Bible
High Noon
thanks God they also came to know mkt is RB
http://220.226.189.131/SSKICMT/Upload/NewsLetterUpload/Highnoon-Jul19_11.pdf
Dear Sujatha and all seniors !
Mostly everybody says one must do homework ...
It will be really nice if the seniors can guide as to what is this "Homework" that one must do to learn and earn.
According to me at a very basic lvl as per my understanding...
1) look for TLs support and resistance .
2) Candle stick pattern.
3) Volume.
4) EW ( when I start to understand it)
@PT,
as long as the NF OI UP AND PRICE UP, intraday it still remains bullish.
as of now.
for the range 5100 to 6000 Call/put.
calls oi -> 41,62,225
puts oi -> 45,94,870
calls price avg. -> 151
Puts price avg. -> 120
Based on the above
put oi up/price down, put writing -> nifty bullish
call oi down/price up, short covering happening.
Market behaving like December Month (Before vacation), I think traders gone for MANSOON Vacation…………..Great !!!
It seems Nifty is enjoying Unjal Sevai, swing range 10 (5560-70), broader intra range (5558-5587).
NIFTY THOUGH MOVING SIDEWAYS, IT HAS INHERENT STRENGTH AND WILL SUSTAIN THIS STRENGTH AS LONG AS 5525 IS HELD. A BREAKOUT ABOVE 5625 IS REQUIRED FOR BEGINING OF A FRESH UPWARD MOVE
Nifty spot in a RANGE : CLICK HERE
@BRIJSOLUTION,
Ab ki bari ,King ki Bari,
How to judge RB mkt one more tool
Yahoo chart will be having 10 points step in BN
normal is 50 points :D
http://bnchart.blogspot.com/
thanks lot Prabhakar for good information.
@ stockhitz.....yes sustain above 960 imp
Sorry 860
Good Afternoon Everybody!
5600 put writing is on but 5600 call writing is higher than puts. 5600 puts prices down bcoz Nifty future premium increased but call has not appreciated despite appreciation of Nifty future. So still Bears are not leaving hopes & ropes, they will be worried if it sustain above 5600:)
DR sir..kuch to bata dijiye aaj ke liye:)
@Kumar Sir
Thanks a Lot
@Kumar Sir,
Thanks for your experienced views. It is learning for me.
TT & Chart Updated.
Sis
will hold or dispose
Burger have no choice
Mkt RB grab whots so ever u get :D
JNSAR triggered or not?
peace is broken!
Sis
recent high is 405
DR-ji :) :) if 275 resisting here will give 377 ?????
DR sir, she is talking abt spot
Ok
Analysis is to be done on Spot value always
but due to preopen data mess-up
I track fut chart now a days
hello any traders jansar trigereed?????? @cooldent???????
JNSAR TRIGERED @ 5598 AS PER CHARTS
DR-ji - thanks for the "2 lines" advise again :)
http://jpgmag.com/photos/3013026
It is like bomb blast situation
so please listen master.
DR-ji - u already mentioned u r tracking "futures" then y should i follow "BN spot"??? me too following BN "future" levels but NIFTY SPOT :)
sincerely your's ha ha i will note na each and everyword of u :)
@vote. yes
Range bound or range band...!!!!
Jnsar Triggers mean buy but reisitance at 5635-5645
Ashish
Jagmohan Singh
He is Mechanical Engg and Trader
once I talked with him on phone
He said he is collecting each and every stock mkt
experience in his posts.
He has good writing skill
http://thebestbusinessintheworld.blogspot.com/
NIFTY OPTIDX Open Interest at 1.00 pm - > CLICK HERE
If 5610 holds is 5629/38/53/67 calling???
Now short covering will give another 100 points, a long awaited
Big Mistake.....
Think NIFTY may move in range, but now blast....
NIFTY OPTIDX Open Interest at 1.30 pm - > CLICK HERE
Sis
Part profit booked
long @ 11270 booked at 11370
R3 for the day @ 5637.
R1 for the week @ 5658.
DR sir, First actual trade. 11255 to 11355. thanks for all the support
Ilango sir, wht can b S&R level for longs now??
NF OI broke the previous high of 22709750 for July 2011.
NF OI now at 22976900.
Intraday up by +1794550.
Monthly up by +267150
Now reliance 880 imp to cross above that 894,,,,
@ Bizagra,
For any reason if conservative trade has only SL, take the JNSAR trade as conservative trade.
One could have taken a trade above 5584 and hold it if closes above 5584.
Present resistance is @ DHEma @ 5625.
Presently viewed this as a complex corrective bounce for the fall from 5740 to 5497.
5676(73.6%) & 5690(80%) retracement points coincides with the Major Channel resistance.
How it'll unfold is not clear but the ST bias has clearly turned +ve. It will turn -ve only on breaching "5555".
Dear All!
Its time to buy 5700 Nifty puts at 100, stop loss 50 & target is 250-300 in this expiry. Risk reward ratio is good & it will include all stop loss etc.
if second stage fuel motor not started
then mission will fail.
DR Sir,
I M PD.
CONGRATULATION.
LEFT BIRLA.
JOINED TORRENT POWER, SABARMATI.
I M NOT AWARE THAT U R JIGNESH SHAH BY NAMED DR.
DR. HITENDRA PATEL
New Post Done.
If women r best traders
they are best drivers also
http://www.youtube.com/watch?v=u9eZ-rWuRsw&feature=related
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