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...
17 comments:
continuous 5 red candles on 5 min charts
Sir, nifty spot high showing 5719 in nse.
thanks
Good Morning Master and copy to All
Good Morning Master & all : Wishing you very Happy & Prosperous Diwali
Master,
There is something wrong with the Lead indicator...not aligned properly.
Dear Ilango Sir & Blogmates,
OI Table Update at 11:00AM, VAH:5749, POC-5726, VAL-5703, WPOC:5761, WVAL:5729, Pivot:5735, VWAP:5726
5800 Level is turning out to be a huge resistance, with OI now just above 80 lacs, whereas 5600 looks rock solid for the Bulls. Intra nothing much, with range bound moves the order of the day…
Thanks & Regards
master,
5 done from day high?
@Master,
LT has broken 1610 as a so can we consider H&S condition start now, ?
Even positive divergence visible ...
@ Prithvi,
LT on Day TA, may be in a 12 corrective.. see RSI12
If doing a ZZ then possible tgts are
a 1720 1611 -109
b 1611 1690 79 -72.5%
c 1690 1581 -109 100.0%
1580 is the last support on Day cnadles , to validate this view..
Below this free-fall to 1480 & will be deemed a Higher Degree move
Master,
5680 - 50% done and 5 done from day high...could this start of iii
Namaskaaram GuruJi,
Sept IIP @ -0.4%
Your analysis is,
Yday closing comments:
Above 5715 -> 5735 5755 5785
Below 5715 -> 5660 5635 5610
Pre Market view
Holding above Month pivot-5673, a bounce is likely going into mahurat trading.
My question is, it should be break in the intraday basis also. NS low is 5673.3. From there, the market is bounched. Please confirm.
Sorry ...
My question is, it should not be break in the intraday basis also.
a bullish WW developing in ns charts
ns may move up again till 5690ns cmp 5676 levels and then may dip towards 5666-62 range to form pt 5 of WW
trgts 5711(pt 6 of WW) till tomm special session
Staying below "5705"-Day Pivot, Nifty moved to "5673"(Month pivot) and moving higher.
I would reject "ii" possibility below 5673.(70% possibility)
An "abc"(i,2,3) could be forming for "Mahurat trading opening".
New Post Done.
Post a Comment