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...
41 comments:
Do not buy before 5908 nf..........landmines ahead........kaboom!!!!!!!!!!!
All hourly candles for today till now are red.
Could anyone please explain why there is a lot more premium on 5900CE compared to 5900PE even when Nifty Spot is 8 points lower than 5900. Also there is more open interest on 5900CE. Thanks
G. Afty Master & JN Family,
If C.5.ii is doing a ZZ Down from 5930, it shud find support @ 50% level of 5885 -5890 (also the 5DEMA zone)
If it holds, its Time for the Next move up, can see 70-150 pts up .. via C.5.iii
depending on Strength of Trend .. cheers
HUL takes a deep cut.
@Shriramji
70-150 pts nai pure 300 pts chaiye...is baar to pray bhi accha kiya hai!!!! bas 3rd shuru ho jaye..
Sir,is it now sell on rise scenario now till NF 5930 not taken out?
Master,
Is it more confirmation need that nifty reverses & strength coming as market trade above 5894 last one hr?
Shriram: 70/150 points range is too wide. Is it not?
@ Raja:
blame it on EW FIBBO!!
iii is NEVER the shortest wave ...that is all that ELLIOTT offered whileestimating iii , work it out now .. options r .618,1,1.382,1.618 x (5930-5843)
@ ANMP: Confirmation will come if we take out > 5930 :-)
"5882-85" is 21 & 34 Hr smas, the last support for "ii"nd wave.
Holding "5892" would mean that the reversal has commenced from 5889 itself(13.36Hr low).
sir ji,
your information & feed back= EXCELLENT
thank you
@master
please tell me LT dev JNSAR.
thanks.
Sir..will we not consider trigger of NF 5900 on retracement as a sell trigger in hourly after 5890 has been touched once already
Ilango ji,
Any reasons for ii to restrict to 21HrSMA ? Time taken by fall seems to back a 3wave lable, or is it some thing else?
Also, What if the move transformed into a DZZ sir ..
wud seek the DLoEMA zone then isnt it ?
5892 to gaya.....
Expiry Day and BN is having NR7 day ....
Another Alt ZZ lable...
A: 5930 5889 -41
B: 5889 5904 15 -36.6%
C: 5904 5863 -41 100.0%
wow expiry game started!!!
Anmpael
sub gaya
Jnsar bhi gaya
Amazing...........if one pays attention.....market does pay well...tx.
shriram ?????
sandeep , what to make of ??
@Prithvi
Filter nai lagaya JNSAR ko??
jnsar short with filter.
Thanks ilangoji for your teaching.
Was able to spot 1-2 from 5903, held on the PE..
Got saved from loss.
last 15 min,lets see filter kam karta hai kya??
5841 is the target once 5873 taken out (5873 is the midline of the channel)
@ Arif,
5906 was the (i) wave from 5931 today.
The (iv)th could move upto 5903 - not breaching (i) suggesting a 5-wave fall and breaking 5894 confirmed it.
Master Is conservative trade still viable
?
@ Sandeep :
Answer to ?? is as follows:-
if "e" or C.5.ii , (CORRECTIVE) then it shud be a 3wave
current move looks a ZZ or a Impulse AS OF NOW
for a simple ZZ ... A=C shud end @ 5863
DloEMA is in this zone , and can act a a support
If Wk TA turns down tomo , i.e EOW close < 5825 then , its time to chuck out the Impulsive C.5 lable
Thanks ilangoji for the clarification.
Its clear in 30m.
"Conservative trade" initiated...
Master 1=3 can 5 be 162%of 1...
cheating cheating cheating
BNF in discount
they r doing partiality with bears
month ke sare point 1week me kha gayi
@ Dear llango sir
Today, I reversed my trade timly without any fear and confusion on breaking of 5882.
Thanku very much sir.
DR ji,
Aap ke big brother chaddi bhi nahi 6odenge
Keep it up Varun.
Not to easy to earn from Market
But it is easy to lost in market to earn from market
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