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 ...
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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...
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Trading strategy that works wonders besides the supports & Resistance is " Retracement strategy ": The strategy that has wor...
35 comments:
Re-post..
@mynac bhau,
Amhala hasun hasun maranaar kay...?
Mast ... maja aali..
Thanks Parimalji,
PL hv data of 21hrsma, 34hrsma & 5th wave tgt for Wipro.
Good Morning Ilango Sir. I sent you an email on Saturday 05/01. Have you checked it out?
Sir ILango ji and everyone goodmorning
Good Morning Master and copy to All
Good Morning Ilango sir and Blogmates.
good morning ALL friends, D. R. sir and master
Hitendra
Wipro (future): probable labeling
1: 366--388
2: 388--377
3: 377--406
4: 406--xx
Namasthe ilango sir and friends,
Today’s quote received :
Life is like a book.
Some chapters are sad, some are happy,
and some are exciting….
But if you never turn the page…..,
you will never know
what the next chapter holds….!!!!
Good Morning Master & JN Family :)
Thanks Parimalji.
till now it's low is 394.40
@ parimal sir views on tatamotor pls
Dear Mynac and Shradha saburi,
You are right.
Sudharsan
followed up by Reflex point, 3rd wave is an extended one running at present. wait for 4th corrective. i have been waiting for correction, but there has been no correction yet.
sir,
can one go long above 6014 as per conservative table
@ Raghvendra
Thanks Raghvendraji. It is making sense.
@ Debdeep,
Many mails have not been answered but marked for as I was out of station and having few commitments presently.
Just saw your mail. I'll post it in EOD post the details & chart for the benefit of our readers.
Thank you.
निलेश भाऊ नमस्कार
@ Prashant,
Yes. Keep a tsl.
sir,
or should it be above 6014-26 range as per aggressive table?
sir,
as we are in sell on rises mode so where do we sell at 6010(DHema) or 6030(DHema +20)
Dear Ilango Sir & Blogmates,
OI Table Update at 11:00PM, VAH:6048, POC-6029, VAL-6010, WPOC-6037, Pivot-6029, VWAP-6040
Addition seen in 6100-6300CE levels, but not much of an aggressive writing, so Nifty in range bound mode…
Thanks & Regards
श्रद्धा सबुरी,
सुप्रभात
@ shivanGupta,
Prashant's query is on conservative trade table and a choice is there of above 6014 or 6026 considering one freak high @ 6042 and a real high @ 6026.
Till the prices close above DHEma, a "sell on rises" continues; one round of selling done and target of DLEma reached yesterday. If 6014-26 offers resistances, another round of selling is possible.
Yes Bank:
the counter doubles in 2012, some experts opining that lot more upside is possible.
Thank you Sir.
chhoti si aasha
wish to see nifty making new highs today
a small bearish WW developing in ns charts
ns may form pt5 abv 6018 may be near 6020-23range
pt6 will be near 6007 near 1.00-1.15pm
thanks sir
@ S4S,
this -ww on 5mins, will be invalid < 6007 right ?
alternatively ...
a small -ww has already done pt 5, & now 1-4 line will tgt 6000-5995 by next 30mins - 1hr ?
Damini (delhi rape victim)
Please watch this vedio
http://www.facebook.com/photo.php?v=477962352250077&set=vb.136840549806795&type=2&theater
woooh 6007 time se pehle hi aa gaya
now may move up again towards 6017ns
sl below 5998
expecting a bounce from 6005 levels
@Gauresh59
touching
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