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...
71 comments:
Nifty resisted at 5Dma as beloved Master has earlier
observed. Pranam Master. You are God-sent for us
Nifty movie released
"Sare Jasmmen Par"
Director : Dr. Kumar Sir
Ba Ba Black Sheep
Have u any Cash
Yes Sir Yes Sir
Three bags full
one for the JNSAR
one for the 200 SMA
one for 50 SMA which is "Up above the world so High"
Camarilla Intraday Update/Follow Up:
Till Now Camarilla Intraday Performance
Click Here
@DR
Producer - PT ji
Actors and actresses - All bullish traders!
AJ
I can see u smiling in ur mustaches :D
@ Kavi,
When Nifty moves past 4957(Also 5 dma), it may be assumed that "e" done.
Till then..it is down.
Lead indicator's hesitation at the resistance line has gone in favour of the "trend".
"e"-if its ED, should bottom out in the next 1 or 2 hours, if not done already.
Such counter trend trades should have very small SL.
DR Sir,
Now what tgt abt BN
Item no?
Camarilla Intraday Update/Follow Up:
Trade1:
H3 SELL@4947 Closed L3@4910 [37pts Profit]
Now Trade2: Scenario 3
L3 @ 4910 [BUY]
L4 @ 4890 [SELL]
Prithvi
Trend following system dont have tgts
Im empty hand my eye is on BN JNSAR level
like Arjun "tgt was fishs eye"
going by stats,
if 4864-4888 holds, may get a good bounce ....
Julius,
good performance with camarilla intraday.
Ashish Agarwal
Lolzzzzzzzzzzzzz
ROF
Levels are holding but whereare the bounces
J.R.Julius
Good Initiative
Add some colors the XL sheet :D
Ashish Agarwal
LOL :))
@sujatha
waiting for your bank nifty recipe...
anyways for nifty levels imp r 4881/46...wht ur views...
4900 broken !
D.R. Sir you are the Arjun and Master is Dronacharya.
Anil - last week target done 9181 further may 9116/9025 :( so sad i hv not shorted becoz i am looking support @ 239 level this may give again 383???
SANPOT _ and i am "Ekalavi(a)"
@Mr.Nilesh,
Thanks for your supportive msg.
Not only camarilla, Any Pivot will give same
or more Points if we strictly follow simple rules.
A J
enjoying alone alone
http://0.tqn.com/d/culinarytravel/1/0/3/A/-/-/MarketLychee.JPG.jpg
wherz my share (दस्वन्द)
DR Sir,
Arjun had a TGT to shoot a fish's eye to win.
So he had already says a TGT.
BN tgt which level you expect bottom??
Just for my knowledge not a going to oppose of y
our smartness.
Anil - yes..coincidentally if BN support here is good for an upmove as v hv fallen almost 6 days?? or 7?? if not i am scary then ball @ PT's place only. "price" is not bothering abt indicators which r all rolling on the floor or swimming in the water :( :P
Prithvi
Ride the trend till it bends
JNSAR is trend following system so it has no tgt
Bottom fishing is like catching a falling knife
my tgt is when JNSAR triggers long I will enter
till then
me and my youtube Bhajans, Ghazals, sufi songs & sufi masti
Sir,
I m Long in BN at 9400? Now Making Loss waiting
for some +ve EOD close >9350
pathak JR JULIUS GOOD CALL
Sujatha, then I am Eklavya....
and google pictures also...
Where is the falling wedge support? I mean at what point?
Ilango ji,
I know am deviating away from trend following wen i use stats.. :-)
But, stats indicate reversal symptoms in play.
Worth to go long with SL @ 4864 sir ? Am out of shorts now
@Sujatha Ma'm: All europe is in deep red. I am doubting that nifty today may close below 4900. As I mentioned before, every day, mkts are heading than previous day's low which inturn is acting as today's resistence.
I am feeling nifty is finding some short term bottom (though mid & long term is bearish untill 5250 is taken out) by Tue or Wed after which some bounce might happen till 5125.
I feel till then your BN tgt of 9038 might be possible. We are all waiting for the big bull of BN Mr DR Sir to ok when to buy it even for intraday levels...
DR Sir .. your views on BN. I eagerly await your advise before going long on BN.
If nifty bores you can pass some interesting time reading this: http://www.uttarakhandportal.com/2012/05/never-lose-weight.html
Camarilla Intraday Update/Follow Up:
Now Trade2: Scenario 3
L3 @ 4910 [BUY]
L4 @ 4890 [SELL]
L4 SELL@4890 triggered with
stop & reverse idea @4910
Click Here to see previous trades.
why selling on rise (and not buying at dips) is a good
strategy in a confirmed downtrend? one can have a look at the
chart to see that every day it is making lower top
and lower bottom
thanks Prabhat to highlight this.
lunch time, lets wait to see wot happens @ 2:00pm.
cu guys, hv a good meal!
Cluster of supports between 4880 to 4900. Failure to
sustain above these can lead to more downfalls.
@ Shriram,
What we have been discussing of an "ending diagonal" or falling wedge in TA could turn into a "Running correction" and markets could go down sharply too.
Aggressively 4860 should hold for ED. Is it "ED"..?, the doubt would linger till "4957" is crossed while holding 4860(or 4825).
@DR
Forget daswant, I will give you the whole tree (my neighbor's)! But it is still early for the fruit, I think it will be available from mid June - early July.
NF rates stuck since 7 minutes
Same here pyramid
Index Futures and option are Stuck and stock futures are working.
SGX NF Bid ask 4879/4884 Live
pyramid
banghead
I rebooted my system
Sgx now at 4860, live rates
Checked with my broker....tat is an exchange problem
Even rediff has stuck NF
NSE F&O closed since last 12 minutes all over.
Seems some problem in NSE servers or connectivity.
We all have to wait.
14/05/2012 13:50:13 : NSE FNO Feeds will not be available, problem from NSE exchange itself.
Got msg from sharekhan,,,
problem from NSE itself...
ravi
Lolzzzzzzzzzzzzzz
Lolxzzzzzzzzzzzzz
& Lolzzzzzzzzzzzzzzzz
@ Prabhat
Check the Stock wealth data.Ilango sir clearly mentioned that
Longs on Bn good only till it is above 9250.
Few mins.back BN touched 9201.
ravi
why deleted ur comments
your Boss is also watching JN :D
I have done everything.. nf at 4894... no change from 13.36.02
Even CNBC is showing the same
@All,
Do not place orders here.
@DR
Some angry bull switched off the NSE FNO feed, can't see the market going down :D
That's what happens if you shown red color to bulls
Back -->
Illango ji, tks sir,
@ wot pt can we say the ED is done ? wen "d" is surpasssed to the uP ??
Sis
Mkt struck whez jokes quota?
What will happen if All is Not well till EOD..
Intra Trades??
ravi
why deleting again & again
I know ravi is not your office name :D
Your boss cant track you
New Post Done.
News from
Operator
NSE is doing pre-Circuit test
(How to close mkt during trading hrs)
LNT all over the place............
BSE must be having gala time...must have hope...
in sensex futures...
Poor exchanges...facing technical snags and see they
are so keen for algorithmic trading...
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