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...
77 comments:
My guess Nifty near expiry generally try to close near
weekly developing pivot..5190 presently
5186 is my Guess
Friends today
is expiry and lets have a contest here.
March Nifty Expiry Guessing Contest.
The rules are simple- There are only 3.
a) Just call out the series close for march
b) No wild guess. A reason is must. Everyboday must give a expected close figure and reason for that.
no range (4000-4050) ,only one figure e.g.4000
c) You need to do it After 9.15 today and before today 2.30.
Seniors plz contribute.
NIFTY GRRINDING
Hello everyone
Which one is the best option to rollover one short in April series. 1. At the end of day around 3:20 buy one lot of March series and sell one lot in April. 2. Let the current short of March expire and at the end of day sell one lot in April.
Master,
Tata steel is still in uptrend ?
today US GDP data come in US market If nifty has to close
above 5217 tommorrow then one can bet buying S&P 500(US)
to make our market to close>5217
Europe futurs are in Red...
Europe markets opens red
all indices are at res of 200ma in 5 min charts...
excitement begins soon
My guess is 5194.
(It will close near 21 EMA)
@Jignesh bhai,
Expiry guess : 5098
Why : Today's day range(NS High-Low) is expected to be around 80.
If Today's high has been fixed as of now @ 5168.
Low is going to be around 5088. Being bearish day/momentum. Expects expiry close to low.
(Low + 10 points)=5088+10=5098
Kiran
Shailendra Bhai I too also stuck up in Tatasteel
bought April Fut at 452 Hoping....
Master ,m
Will similarity end here ?
Unwind yourself with a Rajni Joke...Minndd it!:D
one DAY, naasa scientists found something is flying in mars. they become happy and shouts – ‘life on mars, life on mars’
later they found
that
.
.
….
.
.
rajnikant was flying a kite on mars from earth……………..
Bulls start to defend 5145 for the remaining day...
Thanks &
Bye everybody...
Expiry guess 5202
CAT is outdated. Now the students have to prepare for RAT.
.
.
.
Wondering what it is?
.
.
.
.
.
RAJNIKANTH APTITUDE TEST
i think 5th wave should end at 5127 thereafter correction to 5165
@sameer
A reason is must,
Read rules
Expiry @5205
Lol
Immortal
@ prakashbkc
Exit Tata Steel, its closed below 5 LEMA on Hour chart.
"5135" was our last support.
And also below 21 HrSMA.
@ prakashbkc,
U can short Tatasteel.
http://www.youtube.com/watch?v=c6PHJg9D_Sk
BN at 55ema in 5 min charts...other indices below it
@ Jignesh ji
@sameer
A reason is must,
Read rules
Sir
fall from 5499 is similar to fall from 5630 to 5171
owing to similarity fall should end around 5127
and thereafter a rally should start
expiry should not be below 5200 but 5211 -5222 is stiff resistance which can only be broken by gap up so closing @ 5202 is above 5200 and below 5211
Big 'C' about to start????
:D
Sir
I think my reply was deleted
@Sameer
spam
@Traveller
Aamin............
MARCH NIFTY EXPIRY GUESS :5200
Reason :one congested psychologyical no.
pivot,0.618%fibo,month 10 jnsar,w lema,dema,
val,H.ema 21.
now bank nifty made high to signal the same.
Yes, Traveller...if Big "C" is to start, it is a good point.
More confirmations are needed.
buggie advani said...
@Sameer
spam
Sir
any specific reason
did i violate any rule or hurt any person?
Namaskaram ILango sir & everyone!
Dear Jiignesh!
Hats off to you for ur enthusiasm & dedicated efforts on expiry day. My expiry guess is a close between 5DEMA & 5DHEMA. If you say one figure then my figure is 5235. Once again thank you very much for all your sincere efforts.
Rgrds,
Kumar
Sameer
Chill. U were just blessed by spam baba
Thanks Master...
watching DLEMA..
@Nilesh...aameen :)
DR Sir & Sis is missing.
cooldent said...
Sameer
Chill. U were just blessed by spam baba
thanks sir
i think 5135 to 5165 was correction wave A
Wave B i dont know
but Wave C may target 5194
My Expiry Guess---5145
Reason--Average trade price 11.30 AM to 1.30 PM and 200 DEMA
I just refer last month expiry also....
Thanks Jignesh Bhai
tremendous net problem today
bulls getting tired near 5165ns..
.bears may come out later on
Tata steel, once again, leads it.
TATA STEEL making new high
Tata steel going up
:) whatta co incidence
nifty facing res on TL joining prev days lows
5169 and 5175
First sign of pause would come
when it closes above HLEMA
and second conformation would be
close above DLEMA
Good Afternoon Everybody…
Somehow Nifty saved it’s big volume trades @ 5242 & 5246 which were registered @ 9.15 AM & 12.34 PM respectively. Up to 1.40PM almost 30lac addition is there in NF Apr Fut.and still 1.45 Hrs.to go.. Another 10 to 15 lac O.I. addition from here shall be deciding for expiry.5175-80 would prove big hurdle for the day, nevertheless, Bulls must have to conquer it to save themselves.Let us see.
i expect no big move may come today..
retest of days low is possible again
and may close 10 pts abv days low
@ DKG Sir
Sir request pls no giving calls on stocks
or other wise
thanks n advance
based on volatility % , i expect
ns to close around 5202i.e around
D-5L-EMA
@suresh
Plz mention march nifty future close for expiry guess.
ns trading above ORB , as of now.
likely to move up futher to day's pivot
Since today morning XTB trader demo a-c has started
showing April NF values which shows distortions
in chart. How do one can overcome it?
most likely march ns will be equal to nf
as today is settlement day
Jignesh sir..my expiry trgt is 5137
expecting a low of 5127 and may close 10pts abv it
My guess: expiry around 5155.
March Nifty Expiry Guessing Contest.
does not specify ns or nf
Its always NF....Jiignesh bhai correct me if i am wrong.
as of now ns is very far away from my expected close
@suresh
Dear there is no march nifty spot in market which will expire today so obviously
Nifty future
@ suresh
yes but its market anything can happen.
i think wave B is over now wave c upto 5194
NF EXP 5196 Yesterday Close
GA sir and friends :)
PT – congrats for your 5171 :)
Jiigs – My expiry guess is 5099 monthly FIBO S- 2.
jiignesh ji,
ok.
treat my 5202 close as nf.
thanks
Tata Steel.....
Chart shows that this Hr. current top (5161.85) may prove Hrly reversal point for remaining trading Hrs for the day if Bulls shall save 5145. Let us see…
tata steel: strong supp @445 ;if it
breaks then free fall
NF is derivative of NS, so on expiry day, all Nifty F&O instruments will settle with NS close.
@ Jiignesh ji
5237 TL resistance on day chart
Thanks for the effort
New Post Done.
@ Sujathaji
You were winner for Feb Expiry, i wish this time also you should be winner.
:)
crorepatthi ji,
thanks for clarifying my statement as follows:
most likely march ns will be equal to nf
as today is settlement day
thanks
Post a Comment