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...
50 comments:
OI Update at 2:00 PM
Thanks & Regards,
Sanjay Kr Jaiswal
@ Sahil,
Ideal selling level would be above 5520, around 5535-5550 with a SL of 5565.
Many many thanks Guruji
Emerging market guru Mark Mobius says: “Raising interest rates by RBI don’t necessarily tackle inflation. Inflation is tackled by higher productivity and by having a more efficient administration. You have to tackle the corruption, the heavy handed government on business, which tends to depress the productivity”.
yes Mobius is right....india has a unique problem of supply side constraints...if those are unshackled the growth will consume the inflationary effect
Pankaj Shukla Jis's
application has been accepted by icici
@Analyst - anil
Is there any indicators to present the Pivot values like that?
Mahes
@ashish
sirs pivot coming at 5500, mine too same..its just indicator scaling problem..
@Mahes
Yes, search the net AFL's r available for amibroker...
@Analyst - anil
Could you provide the name? I will look for it.
Mahes
@Mahes
i am using metastock, but amibroker AFL's having good
accuracy and modifications...
search for daily pivot, weekly pivot, AFL's...
@mahesh
download from the below link i have uploaded pivot afl text
http://www.megaupload.com/?d=EGIK447H
from parameters u can on and off which pivots
u dont want
Mr.Lango,
One thing is clear today that you do not have any respect for your followers. Me, Prabhat & so many others requested you in morning but you never replied single time. Perhaps you have in mind, if one has to live here then he has to follow you only. If you do like this, then your Google adsense income will drop soon.
Nifty Fibonacci levels: CLICK HERE
@Analyst - anil
Me too not using the Amibroker, Let me know for Metastock.
Mahes
Thanks Richard,
I am not using Intraday charts, I am using chartnexus for EOD charts.
If I can use metastock, pls guide me on how to use metastock for intraday charts and pivot indicator.
Mahes
Lo! aur ek hero Alwazalert! @Al.. in browser there is
a setting to block an website, block justnifty website.
u will not come here by mistake also!! he he
can anyone have a look at dena bank charts. seems like its a buy and has
formed a bottom..
@alwazalert,
think of your income.good for you.don't waste time.
@Alwazalert
This is not the right way to talk to master.
This is his blog, he has the rights to tell that.
Look at Kumar, the frequency between him and master is good. He accepted it.
But others are making noise.
Please go to their blog for seeing their trades.Lets use this blog to follow master's views and learn his technical's.
Mahes
GOD!! how much ego here. Guys go and make some money
dena bank volumes are higher with higher price.. can somebody have a
look at charts. is it advisable to buy it at present levels?
Now time has come for gap up opening....
Monday may be such one day.....
reason: US debt problem will be solved in weekends. US can not
default and problem will be resolved. However it is clear that
All politicians of every country behave same.
I am biased and having position in icici bank knowing that it is evet risk.
In my view , 5460 was the downside target and it is achieved now
.
So we may again head to 5680 odd levels (80% retracement).
@ ilango sir,, how does dena bank chart looks?
@alwazalert go.......dont disturb
freinds we can carry forward positional longs in nf with todays low as stoploss.
Bye all
@ Alwazalert,
Thank you so much for "alerting" our readers about the google ads.
Nice reaction Ilango sir, hats off for handling such guy.
Mahes
@ Alwazalert,
And a big Thank you for removing the "i" from my name.
Why you all are flattering him, i need his reply. He is a well educated & intelligent person, he can reply himself. Today me, another day anyone else can raise this. In your eye i am wrong but in my & some others eyes, his judgement is wrong.
alert.....alert.....always alert
Diamond Pattern in NF hour:
http://4.bp.blogspot.com/-0M1Nosv7GDM/TjKBX0WvHHI/AAAAAAAAAP0/6XCfthwILW4/s1600/DIAMOND+PATTERN+NF+HOUR+JULY+29.bmp
The breakout must be with increased volumes.
It will breakout above 5520 NF and breakdown below 5580NF.
Even the lion has to defend himself against the flies..
-
German proverb
Sorry Mr.ILango!
I never mean to remove your I, thank you for your reply. Be happy with your ego & army of flatteres.
Lets do some business now:
Technically it is quite a down trend.
But if manages to close above 5478-WLEma, some bounce could be in store mainly owing to "Oversold Hour TA with some +ve div.
Remember also that such a view is of "aggressive in nature" requiring some hedge or tsl.
If unsure, stay neutral.
JNSAR Shorts remain.
@ ilango sir,, how does dena bank chart looks?
"Attitude is a little thing that makes a
big difference."
For details about diamond pattern refer:
http://thepatternsite.com/diamondb.html
http://www.thepatternsite.com/diamondt.html
Adjust closing could just be above 5478 :)
Gud bye sey pehley ek nagma
http://www.youtube.com/watch?v=95UdAo4JdJI&feature=fvwrel
If some one wants to play event risk, he can go long.
I think on monday we may just open above today's high.
DR sir :D good one
Dear ILango sir!
Thanx to DR who updated me about blog so i came immediately. I have no issue & followed your advise only. I am very much here but i will give levels & trades upon my blog only.
@Ilango Sir,
The start of New Expiry and Today we close below 5497 ---- the Earlier support of July Expiry -- So can we treat it as of now a new range developing between 5195 and 5497. ???
@Powertrade
Hawala for july was 5497???
@sarvesh
the result of Dena bank is good, most of the bank stocks are beaten down, so short cover happened in dena bank…..tomorrow it might go to its shell, as other banks stock do…..but grab it once BN started to move, even axis bank…with proper sl…..dena bk is not in stockwealth…..expecting ilango sir to reply ….
I have done the swing trade in dena bank after the result and booked….
Good bye Sir and bloggers.
Have a great weekend.
Thanks
@Alwazalert
Get out of here....
@Mahes
Sorry, for busy after mkt hours...so no reply...mail me if u hav any doubt..
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