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...
47 comments:
"5256" DEma
"5258" WHEma - Bears would love to close below these.
Bulls lost it below 5285 and may attempt to claw back..?
failure to do so is abject submission in the ST.
"5250"-Day Pivot is also the channel support for the day.
DR- "rock support" :P got only 43
Bhavesh - agree that's y said closing around this level is 'CAT ON THE WALL" thinking of keeping milk bowl on the "top" only :P will decide surely @ eod NEARBY
Sis
Dont jump the Gun
buy signal not yet clear
http://www.youtube.com/watch?v=7uM9i8ftKog&feature=related
Angela Merkel is now in RED and
Nicolas Sarkozy is also now in RED
Has held the Hourly Ich-cloud till now (Nifty & Bank Nifty).
BN closing would be below JNSAR probably.
Sis :))
New born baby of Sarkozy say's Papa kab aaoge....
But Papa is busy with Greece problem.
I M NOT EXPECTING ANY THING FAVOURABLE FROM
G 20 summit.
Nifty needs now very good buying to go beyond DHEMA,
at present it looks from NF O.I.there is not that much
any possibility of short covering.Now it is struggling
to cross Hrly LEMA.Let us see.
@hitendra
g20 summit in cannes was on 3rd and 4th nov??
I NEED A CLOSE BELOW 5280 IN N CASH F
OR DOWNSIDE OF 10 POINTS IN NEXT WEEK.
Today's developing
week Pivot is 5277
Week Hema - 5257
Day Pivot - 5282
Day Hema - 5303
A close above 5280 would favour bulls!!
angel murky eel,sir cozy& papa bear are chamelions beware
:))))) Nath
Bulls have clawed back to 5285. Thats not enough.
Mr. Nath
Late today
Come Have hunch with me
http://thumbs.ifood.tv/files/Hyderabadi%20Subz%20Biryani.jpg
Sam - :)baby thinking pappa should not change the "mom" atleast again lolz hehe
Hitendra - if favourable comes wat u will do any idea to fly to "Cannes" :D
Mynac - the hanuman of OI :P leave it upside want to buy some "red label tea" for week end if not comes upside then i hv 2 be "chup". MOSTLY CAT ON THE WALL
Cat on fevicol factory wall
SIS,
AGAIN 5350/60 WILL BE SELLING AREA IF +VE COMES OUT.
Dear Sujatha,
:)If there shall be any gap up sustainable opening on
Monday,then Bulls would definitely win this battle.
Let us see.
Ho gaya apna weekend
in searching Hindi meaning :(
Cat jumped here and there among bulls and bears as monkeys gained ..:D
@Ilango
A few dispassionate facts:
1. US VIX at 30....low fear
2. Dollar index down
3. Sustained FII buying
Perhaps, a downside caution!
mynac
take it granted there will be no gap up on Monday
Madam,
Attendence list is very small, lot more left aside
Why?
no gap up-gap down on monday because market closed
infact gap down possibility high. premium issue will be settled than
Thanks Dinesh Bhai,
Aapaka anuman hamesha ki tarah hi
important....
Dear vksoni
:)
Bro
Monday is Holiday :D
stockgrp - lol - i never mentioned my name (but u mentioned :P )
small trader - this is our bangalore list..all india list is bigwe need a big register
mynac - monday holiday - other asian queens and europe uncle only
Its look more certain that market will slide to 5150
next week or sideways as truncated week. Thus good
possibility that major correction will happen on
Tuesday itself.
Dear Sujatha,
Nifty me dube huye traders sirf Monday to kya,din aur
rat bhi bhul jate hai !:)Aisi galtiyan unhe please maf kardo
Likely closing above week and month and above daily JNSAR
and tuesday's JNSAR...
mynac - :) :)
closing above 83 to 95 sensex 550-575??? looks like.
prayer - Oh my lord please "gap up" on tuesday
AAmean
Overnight positions with holidays is a risky proposition
Also with political uncertainty in the country.
DR ji - :) :) hope dracula around here "dont mind" pichkoooooo wat a close?? :P
Happy week end to all.
Taking a "longgggg breakkkkkkkk" will join here nearby "expiry" and enjoy the space of mine or let Sir "lead the class peacefully" without me :D
bye - take care
Sujatha,
For the past three days your prayers are being answered!! So please allow GOD to answer others
prayers too!!:)
OMG!!! one full month wothout your participation!!! நீ இல்லாமல் போà®°் அடிக்குà®®்!! anyway keep in touch at least like "வாà®®்à®®ா à®®ின்னலு" - once in a while atleast PLEASE!!!
Why look for B down and not an impulse down?
Hello sir
just did some count on nifty at http://elliottwave100.blogspot.com/
i would be very thankful if you can have a look and comment on the count method.
Regards
Yasharth Nathani
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