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 ...
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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...
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Trading strategy that works wonders besides the supports & Resistance is " Retracement strategy ": The strategy that has wor...
74 comments:
cooldent said...
Time to open the beer. Part booking done!!
Congrats
Jan Series first profit booked here also :D
locking the profit is must
panic may enter now..70points done
If 4580 is broken, then 2011 lowest close 4544 in danger.
How many times we closed the year at year low and what was the consequence in the next year?
bank nifty done its part now wish to see IT index
helping nifty to fall below 4600
BN scuba diving towards year low ... Enough time left to achieve it. 2:30 looming ahead ...
Hitendra,
personally feel that closing at year low may not happen in both NF and BN
nanjil
Y this kolavari
let be bears enjoy
where is the volume..???
cash - 4300
f&O - 42000 Cr....
everyone expecting more fall...kahin nifty green na ho
jaye???
DR,
Just a hunch!
Sentiments win TA some times and today may be one that kind.
After Ambani Meet, RIL is going down. RCOM is positive.
kya chote bhai ka karz bada bhai dega....
naye saal ka tohfa....
bank nifty is very near to lower line of chanell
support
TSUNAMI EFFECT IN US MKT TO BE SEEN TODAY NIGHT
Pankaj,
100 years! Just waiting for your name to flash and it did.
Hitendra said...
TSUNAMI EFFECT IN US MKT TO BE SEEN TODAY NIGHT
Y???????
or dont post such posts :(
@Nanjil ji,
When 4639 was broken, it was the year low for 2011. Before that in 2007 and 2000 year low was broken. We have seen 2007. So in all probability the history must be repeating. But these things only indiative and for Intraday TT is the best tool.
I Wish you All the best and Happy Trading for the New Yearf 2012
HITENDRAJI...
us mkts ab indian mkts follow karenge kya??
dont need to see dow uncle for clues
may become vice versa
OK Sir,
Agreed Hitendra bhai ... January is a Jackpot for Bear
BABA .. :)
An year back, BN would not come down easily from 12-13k and now it cannot hold 8k ...
Bear flag activate in JPASSOCIAT.
10 red candle & now green dot with 2 blue candle.
misguiding???/
I have long in bn at 8084
senior can advice to hold or clear
please
Hi, - congrats for the"expiry winners" :)
PT - Don't forget usual "october month meham" came in November only :P october was OK who knows Jan also they may fool?? 4626 is "vulnerable nd yet it is wiser to wait"???? below is very good target waiting..so it's hard nut as per bigger picture according to my "zero knowledge" :P let us see.
DR Sir,
What's ur view for EOD pl?
NEVER A BULL EVER A BEAR
powertrade
@Nanjil Ji
:) :) :)
Illango Sir,
In the year 2011 one of the happiest thing happened is getting associated with you. You are a " GOOD TEACHER,GUIDE and PHILOSPER" to hundreds of followers of this Blog and I am one among the followers of your foot step. At this moment of coming to the end of last trading day of 2011 what else can give me pleasure than to
WISH YOU HAPPY, PROPEROUS AND PLENTIFUL NEW YEAR 2012.
I WISH YOU, WITH JOY AND HAPPINESS, HAPPY NEW YEAR 2012.
sweta jain... long at 8084... no stoploss?
Always try to change your colours with the trend..
PT,
I am expecting a fall again from 3 pm onwards.
r u?
bye all
phir milenge chalte chalte
WISHING YOU ALL A HAPPY AND PROSPEROUS NEW YEAR 2012
Sweta,
atleast don't try to average.
Hitendra said...
DR Sir,
What's ur view for EOD pl?
Will be partying hard. Wt else?
@Sujatha,
Agreed ... but looking to the Expiry day Cash Selling of december ...
It looks fishy really ... and owing to the PSU Stock sale
and the intricacies involved ... looks like the PSU stocks
are heading for a big bang. :)
But yes Your Cam levels and the Excel Sheet ... For me its a
blessing :)
Some genuine selling in reliance even when participation is low.
At the beginning of series and at the end of expiry, it is unusual.
May be people can not wait for weekend...so what is coming up this
weekend?
@ All Blog Mates,
I wish you all Happy, Prosperous and Plentiful New Year 2012.
Ameeen Hitendra Bhai
nifty ready to another ride
my heartiest best wishes to jn family and special thanks to illango sir for helping me in all aspects.Happy new year sir.
To all,
My Wishes in 2012
God gives You..
12 Month of Happiness
52 Weeks of Fun,
365 Days Success
8760 Hours Good Health,
52600 Minutes Good Luck,
3153600 Seconds of Joy,Love& peace....
!!!!!HAPPY NEW YEAR 2012!!!!!
Best wishes to everyone for the new year. May GOD give you lots
of love, respect and money in this new year.
Now about market:
I am bearish on indian market in 2012. My timing has been wrong
about the market many times. People still criticize me for the sesa goas
episode. I am not justifying anything but when I commented about
sesa goa it was at 340 around and it never crossed that level despite
market rallying. So similarily:
I am bearish on ambuja cement at 164.
I am bearish on infosys at 2950.
I am bearish on TCS at 1240.
However I am bullish on RCOM at these levels.
These are my view. Lots of call is given on channels daily.
But people need to take their own decision.
If you follow JNSAR religiously, it cna give you lots of money.
I do not disrespect any one in my life.
I wish that everyone here makes money and only FII lose in new year.
Again best wishes
Dear Friends
what is my gain of the year 2011? it is to get to this link of JustNifty where i met a good number of guides, teachers, who are very honest and sincere and quite knowledgable.
About the Master, words do fail very much. a rare teacher, indeed.
it was a great year friends.
see you in the new year 2012 in great vigour and spirit.
wish you all a very prosperous, happy, healthy NEW YEAR 2012.
Dear Ilango Sir and JN Family,
Wish you all a Very Happy New year 2012.
Bye and Meet you all next year.
With Best Wishes,
Prabakar
@Ilango Sir and all the Warriors ...
Let the Ice roll and the Talsiskers shake today and
tomorrow Bidding adieu to 2011 and embracing 2012 ...
Wish you all a Happy journey ahead .... :)
Ilangoji,
learn't a lot from your selfless sharing.
Hope the new year brings you lot of joy, peace and satisfication.
Happy New Year to JN family.
-Arif
Happy new year to all.
Let new year bring
2012 in nifty for bears.
22012 in sensex for bulls.
PT,
I know one of the big pocket trader through my broker. He never buys anything. He always short almost on every spike. He started shorting silver all the way from 25000 till 70000 and finally covered everything at 48000.He was in the process for more than a year and the money he made in these trades I can’t even think for next 5 years.
Being a bull always easy but bears need more courage.
BULL IS A GAME OF ANTI GRAVITY DIRECTION PLAY &
BEAR IS A GAME OF GRAVITY DIRECTION PLAY
THX BUT I SHOULD HOLD LONG IN BN OR HEDGE WITH BN SHARE
I MISSED THE STOPLOSS
PLEASE GUIDE
sujatha sis ???? 3900 ?
sir and friends,
wishing u a great year ahead..
Sweta Jain
Hold the long if you can manage M2M more of 100 points
but dont Hedge or average
But as trend is down, the trade was technically wrong
Lets pray people do some buying on January opening
Happy New Year Master and all.
Mam
& the rule is touch BN only if you have command on
nifty for 3 months
bahut hi chillar turnover hai...
F&O - only 58000 cr till now...
Year 2011
Open 6202.1
High 6209.9
Low 4538
Close ????
wish u a happy new year to all JN friends and
to illango sir.
वादा: बजट सेशन में पास कराएंगे लोकपाल
http://headlinesview.blogspot.com/
Open = First day of trading year.
High was on the second day of trading year
Low was on the 239th day of the trading year
Today is the 247th day and last day of the trading year
All values in futures.
just a correction
I think it i slike
Year 2011
Open 6177.45
High 6181
Low 4531
Close ????
Dear Ilango Sir and blog masters
wish you very happy NEW YEAR.
jn family ku ealla selvamum
kidaika kadavulai vendugiren.
Dear Lord & JN Family,
Wish all a very prosperous, happy, healthy & wealthy
NEW YEAR !!!
master,took puts y-day,sat tight keeping jnsar as s.l.E.E done happy new year oyou and jn family.learned alot .thank you for every thing master. goog day.
sorry for the print mistakes. edit is troubling.
Good Bye sir and blogmates
Cheers to a new year and another chance
for us to get it right.
This year's achievement is finding this blog.
Thanks
EE done
For some people new year is no more than a change of a calendar. But for me, New Year symbolizes the beginning of a better tomorrow…..looking forward a good year ahead.
Happy New Year Master, all of you & your family members from bottom of my heart. Wishing you all good health, wealth & happiness. Thank You 2011 & Welcoming 2012 with open arms:)
Ilango sir ,
One of best things that happened to me this year was , I started this facinating journey of a totally new field and on top of it I came accross your blog . I had joined a course by NSE earlier this year , they also do not teach the way you do . I have started to understand the abcs of trading .
I wish you and your family and JN Family A very cheerful , peaceful and joyes 2012 .
Bulls have signed off on an emphatic note :-) .... Are they a thing of past left in 2011?
Last day of the year also goes to bears :) Closing below MonthLEMA, WLEMA,DLEMA,HLEMA.
THIS YEAR AWARD WAS GONE TO MASTER ILLANGO JI NO OTHER.
BECAUSE ONLY HIS GUIDENCE WE ALL R HERE & EARNING MONEY.
THANKS A LOT SIR.
NO WORDS TO EXPRESS.
Sir is absent from 2.04 pm.
Wish you , your family & jn blogmates a
HAPPY NEW YEAR
My best wishes on this new year to my Guruji, all seniors and dear friends.
May the coming year bring money, prosperity and great joy for your family and friends !!!
Ilango sir,
If I want to create any setup then what is my prefrences
for the setups or what the route should be taken by me?
entry, exit, stoploss these are simple but heavy to understand
other side, Risk/Reward RAtio, Trend these are in my understanding
but, I am not satisfy from these. I think I am missing something
or more.
I request to explain if possible.
Heartly thanks
I am a silent visitor of your blog. i learned a lot. This is time to say thankyou for all your efforts. You are a true leader in trading community.
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