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...
24 comments:
I really enjoyed your old post, JNSAR is God! What a Meaning?
Great sir.
Hi J.R.Julius,
Could you please help me out in reading JNSAR and use it effectively.
Best,
Vijay
Sir,
Can this excel run live. As I have to wait for updates otherwise
Sir,
I see that month pivot and week pivot is of the previous month/week.
I think it shud be month 5088 and week 5036.
Or am I doing some wrong calculation.
Or it is a practice to refer previous month/weeks pivot for trading and keep eye on building pivot .
Sir
It was bearish engulfing?
@Mr.Vijay,
FIND THE TRESURES INSIDE!
For Beginners
Tech. Table made easy.
JNSAR
JNSAR- a SAR Method
JNSAR for Options Trading
JNSAR with TT
JNSAR for good gains
Applied Technical Analysis
Trading with Discipline
Market Wisdom
@master
sir please mail me your daily nifty chart setting for MACD
and stochostic. is it default 26,9,12 and 14,3,3 or different.
thanks.
Only six Nifty fifty stocks closed above their JNSAR
today:
ACC,Bharti,BPCL,Cipla,DLF and Hindustan Unilever.
Except Cipla and HindLever all are doing overall poorly.
Means tomorrow you may not find even one may be except
Lever.
Cheers !!!
As the descending triangle was broken decisively to
downside, the target as per pattern is 4739 for nifty.
FII sold 400 cr today in cash
@J.R.JULIUS,you are doing good service to the
beginners,AND.to the traders.thank you .your posts
reduce some burden on master though he never said it. good day.
where can i find DRSAR ?? IF ITS GIVEN HERE
a news article has appeared in NSEGUIDE saying that
Warren Buffett is buying and acquiring. he has a golden rule
for investment: you should be in when all are out,
and out when all are in.
Good Evening All
Again we are back where we were on Friday,
also slightly lower.
tomorrows SAR is 5025
next lower target will be 4800, clear picture
may emerge tomorrow.
till yet weekly JNSAR not crossed weekly 34 EMA
holding possibility M formation on weekly basis
let us see.
regards!
regards!
Hi Rajandran,
Many Many Happy Returns of the day
Namaste Ilango Sir & Blogmates,
Yes, Bears did not sit back, but came back with vengeance; Option Analysis for 08-05-2012
Duplicated at Wordpress Site
Thanks & Regards,
Sanjay Kr Jaiswal
Believe me, in this downturn, even Warren Buffet will
not have deep enough pockets.
"next lower target will be 4800, clear picture
may emerge tomorrow."
Dear Shradha Saburi,at present though there is not silver line for Buyers,considering Week,Day & hr.5,14,21 & 35 D values,& 4900 PE writing Nifty,may respect 4880 first..let us see..
EE Done
@Mynac
Thanks for the guidance Sir
Many Many Regards!
EE done
Dear Shradha Saburi,
Though lead indicator& other week/day indicators suggest nearby oversold condition,still there is room left for sellers to press it down towards,4950 or 4880.
In such conditions it becomes very tough for market participants,to decide...that where to go?i.e.after watching screen,sometimes heart says to go long and brain warns No...:)nevertheless in such a condition trader must stay with the trend only..but @ appropriate level.Because when a train is much closer to its destination,time to get down is also very less..to avoid chaos....
One observation:
A day before yesterday,when Nifty came up from 4888,there was a huge buying volume candle @ 5023.65 (volume)1.62 Cr.
And yesterday when it came down from 5060,there is Big volume candle @ 5049...(volume 1.36 Cr.)
Normally,in routine course,these types of big volume trade quantity is between 20 to 30 lacs only and exceptionally bet.50 to 65 lac...for 1 minute trade.
At present, Nifty has given a close below these trades,means,if Nifty shall try to go up hurriedly,from current level it will face resistances @ those trade levels, is common sensible thought.
today after noon market recover
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