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...
31 comments:
1st time week close below 5wema . whenever it has happened trend changes and nifty had a great fall. Check masters Ta file.
Greetings Ilango sir ,
you say above 5280 , upmove continues .
Sir what is the significance of number 5280 ? 5294 is 5day ema.
Warm Regards
volume is low. moving up on low volumes and falling on higher volumes.signs?
CRR cut by 75 bps from 5.5% to 4.75%, Hurry expect market to move further high
it has come before expectation. Monday is going to be super monday
dhiirendra ... True ... But may be todays upmove had the news ... Bullish case only above 5460 ... May be its buy the rumour and sell the news also with such an announcement very early ... May be some thing more dreadful may come from the govt junk box before market opens .. But as such its a superb news for the market to rejoice
crr cut so it will rally on monday..looks like buy on dips?
But SGX Nifty is only marginally up !
No wonder, SGX trading @ 5408 without any positive global cues. Thanks Dhirendra for the news.
it seems the news of CRR rate cut was known to market
manipulators yesterday itself. therefore yesterday
SGX Nifty moved up by 100 pts and this was reflected and also boosted
today as well. it is also possible
that RBI will cut interest rate by early April.
however CRR cut will improve liquidity by 78000 crores.
Congress in centre, after electoral debacle will try
to placate people through several tactics so that allies
keep quite and do not raise voice for possible mid-term poll
Big Brothers added +1284.65 Cr in cash
DR Sir ... big brothers again .... Unko kaisa pata chal jata hain sach mein
"Every incident, event or happening has a divine timing and a divine order and is divinely planned."
OMG - CRR cut??? mkt already priced in or further up?? mm. no guts to hold my longs :P
PT - 5383 means i will not be surprised..but above that and 5500 level means definitely i will be coz i am expecting sensex a "waterfall" atleast instead "niagara" any upmove comes 100=200 pnts OK. then nifty may halt @ 5383 huh.. not yet calculated properly just a "rough work" which is in mind already. will send u mail later about my "blah blah"
PS : I request sir to stop the "upmove" :D
POWERTRADE said...
DR Sir ... big brothers again .... Unko kaisa pata chal jata hain sach mein
March 9, 2012 7:07 PM
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PT even Delhi wala were knowing
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Kumar Technicals said...
D R Sir!
B T S T....................
March 9, 2012 3:27 PM
Dear D R Sir!
Why this DELHIWARI re.....You said to Anil say B T S T & i cried loudly. By the way, technicals fully supporting upmove & already smart players must be knowing this internal development:)
Bears licking wounds as RBI rubs salt on it :)
Tricky closing today.
In any case RBI meet news was on cards. Only thing it
came sooner.
Now for Budget.
pt sir do u bought sbi puts
rbi news gets priced on monday, one less brownie for bulls. left with just budget. if budget is populist due to cong losing elections, bears will still win next weekend.
if this news had come in on 15th there would be combined effects of good budget and rbi cut. bears would have been mauled. during the course of week rbi cut will wear off.
Petrol price rise on the corner?
technicals knew everything,thats the reason i mentioned even if NIFTY did not break 5344 please carry LONG positions if NIFTY closes above 5326 which was the developing JNSAR @3:15pm... so JAI HO JNSAR...
Dear all,
As I have seen markets since 1990, still I say its a game changer here.Thanks to Master. Prices were saying the strength.
More news :- a Parliamentary panel on Friday recommended abolition of the Securities Transaction Tax (STT) on equity trade....PTI
Regards
Hi JN family,
On ST, todays close is BUY ON DIPS (>5DLEMA, >5WkLEMA, > 5MnthLEMA)
Now see the values:
@ His : 5DHEMA <5MnthHEMA < 5WkHEMA
Analysis: on ST, price has cooled of its recently Weekly Highs
@ Los : 5DLEMA > 5WkEMA > 5MnthLEMA
Analysis : Since DLEMA > Higher T/f LEMAs, it means price is in a ST CORRECTIVE after a LONG UPMOVE
@ Close: 5WkEMA > 5DEMA > 5MnthEMA
Analysis: ideally in a Bull run 5DEMA (close) shud be HIGHEST.
But here 5Wk is > 5DEMA, means ST CORRECTIVE in play !!
SUMMARY : BUY ON DIPS MARKET , hein boss :-)
cheers
SMO
http://i39.tinypic.com/qn49bs.png
http://i40.tinypic.com/2zgf1qt.png
grece defaults.
1st week since dec 16th s&p closes week before making a new high
Implications of greece default is enormous.
CDS triggered but how much will they get paid.
Imagine you pay premiums for life insurance and been doing that for years. One fine day, something unforeseen happens, LIC says we will not pay your dependents
So would you ever buy insurancee?
Similar situation in CDS trillion dollar market. Who would pay for protection when it will never be honored?
Once Greece invokes CAC's, the ISDA will rule it a Default, as Invoking CAC's will mean the Debt re-structuring was "FORCED" and NOT voluntary.
In the CDS market, Swaps will have to be honoured, becoz there is ONE BIG DIFFERENCE between CDS & Regular insurance !
CDS can be traded / speculated & can be bought by ppl who have ZERO exposure to Greek Debt!
Be assured if the ISDA declares it a Default, the 3.2B Euro CDS will be triggered!
rgds
NIFTY Weekend update (Golden Cross): CLICK HERE
Dear San
very nice chart. your study confirms to what Master has
suggested on 16th Feb -- road map to Nifty at hand
thanks
SGX NIFTY closed at 5420
Namaste Ilango Sir & Blogmates,
Bulls are back with a Bang: Option Analysis for 09-03-2012
Yearly, Weekly & Monthly Profile Charts and Values
Duplicated at Wordpress Site
Thanks & Regards,
Sanjay Kr Jaiswal
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