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...
85 comments:
@ PT,
This is the corrective bounce...still not able to close the gap @ 4982.
Reposting ...
@sjkolkatta : Nifty seems to be doing a DZZ again !!!
Need to sustain > 4968 on 1 more half hrly candle, & take out 30mins RES @ 4987
Upside beyond these levels are possible
@Ilango Sir,
Thanks a Lot
Cooldent - seriously not for time pass now 85-98 possible it's simple watch the movement
or else the same 64/54 the hell
Camarilla Intraday Follow Up:
Scenario 3
Trade1: L3 BUY@4980 with 20pts SL/SAR(4960).
Personal Decision Advised.
@Sujatha
Monday Tuesday Wenesday -- Hell hell Hell
Grinder Mixer :) Bheja Fry :D
Dear Cooldent!
I know very well about you, you are far ahead than loudspeakers like me. You are one of the best silent traders, who focus upon target, stoploss, class & glass. If i am not wrong then you are the main operator behind this intraday bear trap:)
Illango ji,
ysdays theory of Bullish option valid ??
ys'day's Xpanded ABC flat completed today @ 4945, &
now next impulsive frac UP in play sir ?
Cooldent
Thoda Reham Karna :)
Today Closing :4986 - 87.
@Sujatha
Thoda Aur pressure karo nifty ko :)
Kumar sir - well said but a small correction "loudspeaker is not you" "ME" :D
PT - no pt i had doubt grind grind and move up?? the EMA showing that way only morning closed shorts with empty hands :) :) thinking of eating "mango"
@ Shriram,
I negated it at the break of 5002 itself and now with so much "time gone by", that has no relevance.
Between 4915-45 to 5005-5020, it is a "pause" with few possibilities.
A close below DHEma would tilt the ST in favour of "baby bears, belonging to the short T/F".
Kantaa lagaa! Haan Lagaa...
Camarilla Intraday Follow Up:
Trade1: L3 BUY@4980 with 20pts SL/SAR.
BUY TRIGGERED.
@Master,
why there is discount for 4900 ce?
4982 gap perfectly filled.
@PT
pressure nahi ho sakta.......hrly indicator turning up!!!
Badri - now close it with BRICK,MUD AND CEMENT :) PT will be happy am i right PT
Sir - is it better to take about DHEMA decision @ EOD??? or any close below now
tks n advance (becoz very much hovering here) :P
@DR
what was the setting in google finance to decide closing price??
is it 30 min EMA in 1 min chart? in google finance 1 min option
is not available. can we set in 2 min chart? what will be the
settings? thanks.
Dear Sujatha!
You are misfit for LOUDSPEAKER title bcoz most of the times you delete your comment so you are safe mute trader most of the times:)
anmpatel
30 SMA on 1 mint chart
15 SMA on 2 mint chart will do I hope so
Dear anmpatel!
For accurate avg its best to set 30SMA in 1 min TF.
Ok, illango ji
Thanks a lot. But, Now how to fit in the move up from 4948-4982 ** ...
A 5fifer or a ZZ sir ??
@DR
@Kumar Technicals
thanks.....
but from where i can get 1min nifty chart.
paste link here please.thanks again.
Aur Ab Naye low ki Taiyari mein jud padi hain nifty -- aur ye ise boundary ke bahar le jao :)
Camarilla Intraday Follow Up:
Trade1: L3 BUY@4980 with 20pts SL triggered.
Trade1 closed.
Trade2: SELL@4960 with 20pts SL.
Trade 2 Triggered.
Aaj bear day lagta hain! Bulls jar a bear karo........
Bus 3 baje aur fir 3.30 baje :) lolzzzzzzzzz aur fir 5.30 fir 7.30 fir 12.30 and again tomorrow 9.30 lolzzzzzzzzzzz hahahaha
@ DR bhai:
Just for academic interest , Kumar ji is right..
15SMA 2mins is NOT EQUAL to 30SMA 1min
No. of samples is lesser & signal being sampled is different.
I face the same prob wen i tried 68EMA,30mins to simulate 34EMA, 1 hr wich Illango ji plots
Gives poor results & the greater the period, the more static the SMA/EMA :-(
@ shriram,
5020 to 4945.7 was a 3 wave down: "a"
4945.7 to 4982 was another 3 wave up: "b"
4982 to XXXX is the next 3 or 5 wave down: "c"
This is the least we could decipher presently.
Some body tweeted MArket is looking scary
I said then please breing the fear and Break the range --- At any point of time market is scary only "Either for a Bull or for a Bear" :D
Ptttttttttttt
@DR Sir,
Lol and Lol :D
shriram
I have plotted & checked not much differece
PT took full control of BN just when it was required.
@ ilango ji : tks
@ DR bhai : once more pls :-)))
oh..to all genius
who will give me the link to get 1 min chart showing 30min EMA??
anmpatel
go for some charting software
all free charts have delayed data
May and June NF almost at same price
anmpatel
& its not EMA its SMA
@Kiran
BN controls only DR Sir ke Paas ... BN se to hamesha dar lagta hain Mujko :)
Master,
You mean 3/5wave down for wave-c,
So market comes down up to XXXX?
@DR
thanks for correcting. but the lllliiiiiinnnnnnkkkkkkkk!!!!!!
sujata u got ur wish .... ;-)))))))
Google Trade Tiger of Sharkehan
PT,
Sau sunar ki ek PT ki! Le gaye aap Nifty ko neeche! Aab to bus JNSAR hi bachcha sakta hai.
Hi, anybody using icici direct ?
The june FUT value got stuck..anybody can help ?
Keep this number as crucial for break down..........4945.
Dear Abhi,
Not only JUN FUT, all values of all contracts.
rgds~Ajith
@Abhi, same problem here.
@sujatha
saved a lot today, 'No Trade' ..as no setup, only
carrying CALL written of yesterday...woh bhi lagta half cover karlu...
whats ur levels..??
No problem for me... using Sharekhan.
3-4 years back was using ICICI direct
its the worst service provider
but when ever prices use to get struck it was an
early warning of Circuit.
Tomorrow again gap down /up and then grind till expiry
Dear anmpatel!
I dont use free link for this purpose but you can view here, change MA settings to 30 from 50 & save in your system.
http://finance.yahoo.com/echarts?s=%5ENSEI+Interactive#chart5:symbol=%5Ensei;range=1d;indicator=sma
anyone pls confirm 2mrow JNSAR
not able to see it in TT
@Ilango Sir,
Just time is short now for 4945 :( :(
Dear Abhi,
Now working fine again.
rgds~Ajith
Dear Dineshji,
Wish if it is down circuit this time.
rgds~Ajith
@ ToT-Amit its 4918
Camarilla Intraday Follow Up:
Trade2: SELL@4960
Book@15pts /4945
amit
4918
@Amit
As far as i see, its 4918...
Any expiry guess today itself ?
oru_indian
but u said "Now working fine again."
PT sir... thoda to reham karo apne junior par. Please sir... aaj jane bhi do.
kumar ji,
pranaam sir! 4948 ko bach lijiye, last hope hein for bulls EOD ;-)
Thanks Jayant, Cooldent, Anil
is it closing below 5EMA 4953
closing 4951
Grinding on, 4951 so its closing near 5DEMA & above WLEMA also:)
4947.70
CAMARILLA TRADING - REPORT CARD - 1 MONTH
Total Number of Trades: 30
Success Trades : 20
Failed Trades : 10
Average Profit Points : 17
Total Points Profit without Brokerage : 366
Total Points After Brokerage Apprx: 281
Average Profit after Brokerage Per Day : Rs.772
Profit in Rupees Before Brokerage Per Lot : Rs.18840 approx.
Profit in Rupees After Brokerage Per Lot : Rs.14000 approx.
Return on Investment per Month(ROI%) = 56%
Good! Isn't it?
@Saurav
:)I am nil now .. no shorts no longs :)
Tomorrow a Jam packed day...
GDP data as well as expiry!
and BJP's Bharat Bandh!
Closed above todays 5Ema,4949.
Also Jnsar not triggered. So the S.T. is still up.
oh god now only i m bear left sab saath chhod gaye.
Carry on Bulls till 5150.
@nifty_rider,
Just take NS below JNSAR -4918, I will be with you :)
@sourav
kal ki gurantee nahi may b roller coaster but day trend is down
HI icicidirect per banknifty future 10432 show ker reha he
anybody know why
GOOD EVE
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