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....
-
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...
49 comments:
goodafternoon sir and all :)
Stockr4sure - kanjus hai kya?? can u give us another +50/70 for today?
diyaaaaaaa........4800+
Neyaz
thanxxxxxxxxxxxxx
Sujathaji,almighty is lessening to
DR sir
Master some green shot
Can the market make a new day low...Lets watch :)
Day's pivot not saved. NS trading below 4745
Santa's wife was kidnapped.
Kidnaper sent him a piece of her finger and demanded money .
Santa replied- Ungli kisiki bhi ho sakti hai, MUNDI BHEJ MUNDI:D
I think new Low possible with break of 4720. But buying around
4720 in low qty advisable
Tommo JNSAR developing also at 4720 so advisable to buy
HHEma-HLEma trade still neutral. No trade right now.
4747 is developing HHEma.
w5 impulse numbers -
w1 - 4696-4759
w2 - 4696-4720
w3 - 4720-4822
w4 - 4822-4783
w5 - 4783-4885
GD ji,
can u quantify when hhema-hlema
is neutral,+ve,-ve
Nifty is stuck between 4730-35 to 4770-75 (Triangle extremes) presently.
Even if the they break past these, there is no guarantee that it'll be decisive.
For JNSAR traders, it is a trying time. Reduce your pain with part booking with lesser points, if need be.
For conservative traders, it is long till the close is above 4735.
Sir,
Fast fall may come if nifty break 4728 in hourly.
@suresh - Apologize I wasnt clear. Neutral is when
closing price between HLEma and HHEma.
@DR sir ... booked one sweet short trade ... thanks.
Master first thanx for guidance,
I have part booking as u guide me to book in tight trading range.
Nifty is teasing everybody. Doesn't want to go to bulls, neither to bears.
Well master green shot gives clarity about today move.
Day low andozzzz....
The resistance points developing has been coming down from last few days:
4755
4745
4735- today.
NS still in trading range
DR sir,
any short call on BN?
tomorrow belongs to bear
prakashbkc
not yet
will close position @ 3:15
Seniors, blogmates
any view on sugar stock, b'coz last three week Renuka, Balram chini holding their low their RSI just inching above 30
Notice the spread between High ema and Low ema is coming down and it has become quite small both in Day/ Hour.
Accordingly, you adjust your position size.
Only a ""close"" beyond these points could bring some momentum.
discount in BNF and A/D positive
something spl being cooked
@prakashbkc..... these sugar stocks they will be moving
in relation to coming elections. It is said that Mulayamsingh
is pro towards sugar lobby... so if he will come in power
then will be beneficial for sugar lobby.
These are the news.
I may be wrong.
@DR sir what does mean by A/D?
Good Afternoon Everybody.
Two Hrs ago comment, probably went straight way in Spam Box…Good 10% plus addition in 4700 PE, when reasonably good cash turnover is there and nifty saving it’s Developing Monthly & Weekly JNSAR. Probably clue for both parties here.
GD sir ,
NS looking going above HHEma does it justify to buy today or tommo.
I had posted a query to master. I initially thought it went to spam, but later.. it looks like
master decided I am only spam by my question. Getting scared, if I asked some silly question.
Hm... me hiding now.
In the mean time discount has come down to 7-8 points…
@sam i think advance-decline
@PT,
Thanks for GSPL and MOIL
Sam sir,
thanx
@Jignesh thanks.....
@prakashbkc..... you are welcome.
Adjusted close could come around 4746 +/- 1 points
Hi Sanjay,
Can you help us to understand how to calculate the adjusted close value.
VK
Dear Sanjay Thanks… Means consolidation still going on…..
Sanjay ji
Plz give closing above Hawala :(
Fifth straight close near 4747.
This is amazing. Nifty is like a child It runs here
and there and in the
evening comes back home to mammy.
@vikpuramstock
Its the Average of the last 30 min, taken on a 1 min scale.
Sanjay Jaiswal
I think you would like to draw some
lines on copper chart
A big move awaiting
Such a range bound market. Only winning strategy should be short strangle.
à®®ாலை வணக்கம்
யாà®°ாவது தமிà®´் தெà®°ிஞ்சவங்க எனக்கு à®’à®°ு உதவி செய்யுà®™்களேன். இதுல இருக்கிà®± Tech Table எப்படி படிக்கறதுன்னு சொல்லிக்கொடுà®™்க. ப்ளீஸ்.
@prakashbkc,
Last hour we didnt close above HHEma. Also too close
to take a trade. I always look for a 10pt close
above HHEma ( or 10pt below HLEma ) to take a long trade ( short ).
I am also careful about last hour numbers. If in doubt,
stay out.
Post a Comment