"5315-5325" would be the first resistance, followed by 5335-45.
"5285" continues to be the critical pivot point.
Wednesday, November 9, 2011
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...
30 comments:
Good Morning Ilango Sir and Friends
SBI support and resistance lines(Weekly charts): CLICK HERE
Namaste Ilango sir and all,
Sir, seems like you have removed the conservative table - It was very useful. whenever my level matches with the conservative table levels it gives me great confidence. I think this would be the case with many followers here. Please would you reconsider posting it again?
Namaste Ilango sir and fellow bloggers
LV
Namaste Ilango Sir and all friends
Eurozone problem more complex than one can imagine.
for me it is an artificial one used by market manipulaters
for making money. we are simply made fools. in fact Eurozone
problem is a nonexisten. remember recesiion of USA. by
spreading this news a huge lot of money has been made by
FIIs.
have a nice day.
Good Morning and Thank you Master and Seniors for all the inputs and guidance.
Master,
Even yesterday I asked you about the conservative table for it tells us to part book or reverse the trade... please continue it ...
GoodMorning Ilango Sir and all friends .
Namaste Ilango Sir and JN Family
Namaste Ilango Sir, Seniors and friends
Dear Master
conservative trade please. i donot do intraday
sorry for trouble
good morning,seniors..
Can somebody provide the link for NSE spot nifty data viewing?
Good Morning................
Good Morning Master and copy to All
Another useful Android Application
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Sandy Just go to Google finance
Good Morning Master and friends.
SAM
Y not from NSE?
DR Ji I thought he wanted live Nifty Spot data .. and
on NSE it is delayed so Google.
@parimal .. Nope this is DEEPER than it looks .. We faced a blood bath/recssion/poor economies/world problems wen a company i.e. LEHMAN BROTHERS failed... here we are talking about COUNTRIES FAILING ...
bigger than it looks
i think
rest lets c how it unfolds
bears have strong control if nf not breaks 5340
DR give the link
Good Morning Master & Friends
Reliance, Tata Steel, Infosys, Tata Motors, Jp Associate, RPower,
Bharti, ONGC, LT, DLF, TCS all completed their major retracements.
Be extremely careful.
Lower circuit is coming on ....probably next Wednesday
Impulse from 5252 for B.(c) could be...
5252-5317 - 1
5317-5279 - 2
5279-5384 - 3
5384-5331 - 4
5331-5400 - 5
This will complete B of the flat between
5400-5200.
@Ilango
Could I request you to consider the possibility of
blocking pankaj shukla on this blog?
Be carefull....... Middle Circuit is going on.....P:)
Sir GM
GM to all
A prankster was always shouting run run wolf in the farms one day actually when the woif came people did not believe him and the irony of the situation the prankster bechara could not even claim main naa kehta tha
What does this "circuit" mean ? Some kind of range ?
@Illango Sir: If nifty falls below 5285, can we short it
for the 1st tgt of yest's low (5252) ?
New Post Done.
@Kumar Sir: The one you posted on UID in your blog is just
hilarious. I shall share this on my fb wall.
ha ha ha .. cant stop laughing
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