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...
46 comments:
Kumar sir,
How about 5500 august puts at Rs.100?
Dear Ilango Sir,
The Hourly ticker that you calculate applies for how much time? i.e does the 14:00 ticker of law and high EMA apply till 15:00? kindly clarify... AND in view of this, when are we supposed to execute our trade?
Namaste Ilango Sir & Blogmates,
OI Update at 2:00 PM for July and August
Thanks & Regards,
Sanjay Kr Jaiswal
5500 being defended by bulls. BN helping ...
Dear PT!
Ur Bear was gitaaring & man is dancing under influence of BLACK DOG...LOL:)
Dear Sateesh!
Not bad idea but be ready for a move upto 5530 so buy there more with stop loss of 5550, if playing intraday. Positional SL is 5620.
Thanks a lot Analyst - anil ! That's precisely
what I thought too when I said "Will the 5500 CE
have a minimum value of 50 ?". In that way, it
seems like a lot safer bet to play intra today
with the options as the worst you could lose is
just the premium.
The downside is that when I bought the CE @9,
earlier in the day, NF was at 5481. Now at 5495
or so, one could buy the CE for Rs 9. Time has
already eaten away some of those premiums.
I hope that there is one late surge towards 5550
Spot (Ilango's resistance zone) and I could
trade the CEs for NF shorts. I got stopped out,
but I re-entered them at 10sh once I realized
that Nifty wasn't going below 5490.
@Kumar Sir,
:) :) :) :D
Very Interesting….Buy or Sell Options
Beauty of Time decay or time value that I just saw, 40 minutes before Total price of Nifty 5500 CE and PE was Rs 33 and Now just Rs 22-23
Ilango sir can we say this as a bearish flag formation??
40 point move pending in nifty spot in last 1 hr
5460 or 5540
but direction unknown,
can anyone help please??
@ Chandra
Sorry for the late reply am away from my desk for personal reason...
now U are saying about danger no 5494 ? Right?
thinking if it broken then what? if not then what?
VWAP is also at 5492...
:D :)
@ Chandra
Danger no worked again
thanks for the sent file....
dear stock for sure.the prevailing trend manifests.
illango sir any expiry prediction this time ???
@Stock4sure
If u r sure, just buy NIFTY 5500 CE and PE, Both, total cost Rs 22 , one Out of two will go 40, as per ur 40 pts move
6000 CALL august, 43% OI added, ATP: 3.8
@ bharat,
HEma & LEma may change depending on new highs or new lows of the current hour.
Only previous hour "Close ema" may be taken for the current hour.
They are reading our comments
they going to eat both 5500 CE & PE
Banghead
dear shabsaif.please be awre of pin risk.
Picture abhi baaki hai DR sir, 3 bajne to dijiye...kuch mai jor lagata hoon aur kuch aap lagao:)
@ Ilango Sir, Thanks for the info!
Nifty moving towards 5540
@ Rishi sir
you are 100% right sir ji
aap ko kaise pata chala?
Did anyone see 5400 puts... it has only ONE single buy order
of 23lac+ as its worth only 5paise!!!
Hello shreyunik,
It's 234 orders.
@Indian Trader,
Refer Funny nos also. 5517 & 5472 guarding to-days range till now.
Chandra
Thanks Option Millionaire..
I get it.. was confused initially...
above 5512 ---- 5520+possible
@ Chandra
yes i observed it.....
RELIENCE 840 KE NICHE CLOSING LOOKING BAD
Power of 5517 was witnessed with NF
Chandra
If we close below 5497 then we get a target of 5713-5497 = 215 - 5497 = 5282 :)
Bye Sir and all,
Closed morning longs @5496 NF. Thank you Sir for your analysis.
I may visit after 1 week due to my son's 2nd year Engg. admission.
Ilango sir, conservatives taking home shorts???
Nikkei closed below 200 DMA today n Europe is falling again.
http://in.finance.yahoo.com/news/Nikkei-200-day-average-U-S-reuters-823199583.html?x=0
just as I expected...10815, BNF 100 pts lower
than my profit booking area. Still more to come.
@anybody carrying conservative shorts??
Congrates to whom, thier kids going to be Doctor and Engineer
Just curiosity, any one whom kids going to be full time trader ?
Thanks
Buy sir and warriors today Voting in US for the Debt Limit Taking 5500 Puts of August Home :)
As closing below 5410
Typo error
Closing below 5497
Closing avg is nearly running @5490 spot.
@Kumar Sir,
Then again the Bulls can attack till 5580 -5620 -5652 ???
Dear Bizagra!
I am carrying some shorts, made in rally near 5505 spot & some puts too.
Sir,
With a great teacher like you, i was sure that life would be a successful journey but i never knew you will also make the journey to success such a cakewalk.Thank you sir.
Thanks Kumar sir.
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