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...
36 comments:
5600 put O.I is up by 5 lacs
Anil
already wearing & smoking
http://www.musicsongz.com/wp-content/uploads/2011/01/Funny-Face-16.jpg
If the mkt opens gap up
& fills the gap
or closes
lower it can be distribution
In Laymans term
They = Big Brothers
They opened it higher made teddy bears come out
and they got buyers for distribution
New bulls made entry and they again got buyers
for distribution
Nifty Fut OI slightly off its highs now
Dear DR ,
Where can one see Nifty vols live ? I dont hv access to Odin in ofc... can u pl recommend a free website ?
thks
ok, am going short intra- based on double top theory.. SL 5425 , Tgt 5380 spot
lets c
Nifty Four hour chart analysis: CLICK HERE
Highest 1 min trade volume of 33lakhs at 5422.05 today
shriram
try NSE website
http://www.nseindia.com/ChartApp/install/charts/mainpage.jsp
IT index,Bank Nifty,Midcap Index all tested 55ema in
5 min charts
sirf nifty ka baaki hai
thanks DR ji :-)
sir hourly looks OS so will it be right to enter long here after 3 hours of consolidation
sorry hourly looks OB
As "mid week" approaches, a top could be in place...most likely tomorrow ahead of Budget day.
The "b" wave completion ahead of budget day and weekly trend being down could play by later part of the week.
This is one view as per EW for which the 80% mark should be the maximum..(In a flat correction, it could exceed 80% and then fall).
Hour TA is uptrending presently.. Yet to show weakness..will get reflected in the TT.
Dear DR Sir,
I am using TT 1.0.5.0. For past few days, Nifty spot values at Marketwatch hangs. But at the top strip NIFTY SPOT is working fine.
I have uninstalled and reinstalled TT, but the problem continues.
Could you please help me?
sir you said
weekly trend being down could play by later part of the week.
but above 5428(WHEMA)weekly trend will turn up....so still you think in later part of week we could see some downside.
Prabakar
even TT technical support team wont be able to help u
switch to latest version
Many a times I have also observed
Spot price is delayed
normally I dont track spot price,
"Track what u trade"
Fast Rise in Hour Charts
Nifty Hour Fast Rise :
Click Here
20 Hr MA 50 Hr MA 100Hr MA 200Hr MA
5,345 5,316 5,380 5,376
@ ShivanGupta,
Prices showed "inability to even reach 5WEma/5Wk avg" on the last day of the week-09th Mar.
What we are witnessing is "intra week rises".
Wed/ Thu would show the effect of week's technicals. And an eventful "Budget day" could be quite a swinging day based on conflicting technicals in week & Day. More on this ahead of Friday.
Hello Sirs: The TT referred by Master is Tech Table, I suppose ! When Prabakar says about TT ver 1.0.5 etc & by DR , it seems to be different ! Can any one help me clear my understanding? Thx
@eevra
Prabakar is talking abt trade tiger terminal (TT) 1.0.5.
its a trading + charting platform...
thx ANIL.
eevra
what is ?
Sis knows :D
BBB
eevra
what is ? BBB
Sis knows :D
BBB = Bisi Bele Bhat
http://1.bp.blogspot.com/_g_K6_QyQJRQ/S-boQCnMHyI/AAAAAAAAB1I/gM30aU_cTdQ/s1600/Broken+Wheat+Bisi+bele+bhat+017.jpg
So Much Grinding .... Now lets break it down :) and bring the
blood on the streets
@Powertrade: Not untill DR Sir effect is there. Not until 5414 is broken. Moreover today Sujatha Ma'm is also turned bull. Now how can bears break so many supports.
BNF @ weekly open price
till now candle = doji
DR Sir ..
Ameeen
in 18 months daily charts showing 200 DMA (5206) 50 Dma
(5227) trading above 50Dma.
So, Can enter Long Side? Seniors Guide me.
Negative divergences throughout. Indicators indicate top in place and we are headed for 100 point fall
@MERC9000
5163 waiting .. wishful thought if unable to close above
5460 NS
So the day is turning out to be personal ping-pong match between Kumarji & Sujatha? What did innocent bystanders do to deserve this? :O
My SL for shorts is hit @ 5425 :-(
Illango ji,
Big doubt : Looking @ EOD candles,
1. 5-10 DEMA developing indicates BULLISH X-over today
2. EOD forming a drooping flag , Brekout wud give huge upside tgts Min 5700, Max : 6000 ?
Crazy thought: Are we in a NEW BULL RUN all together?
cheers
Fire
Lets ask Master his view on Budget
Puli or Guulli (ಗೂಳಿ)
@DRSIR
good idea
New Post Done.
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