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...
34 comments:
Good Morning Ilango Sir and Friends
SBI Chart analysis: CLICK HERE
Happy good morning ilango sir& blog friends.
Namaste Ilango Sir and fellow bloggers
LV
gm master
gm sir,seniors and freinds
Good Morning Master & Friends
Good Morning Ilango Sir and Blogmates.
ATR Based Trading Signals
Buy Zone : From 5966.75 to 5953.5
Breakdown below : 5950.85
Breakdown target : 5936.3
Sell Zone : From 6019.75 to 6033
Breakout above : 6035.65
Breakout target : 6095.3
Namaste Dear Sir and all friends
wish you all the best for a successful trading day
Sir ILango ji and every one good morning
R/Ilango Sir Namaste n Namaskaar 2 all reader's.
Good Morning Sir & All Friends.
Master ilango and friends,
good morning to all
Regards
Today open high same 6016.7
FYI...
Till now investing.com (Forexpros) was giving charts for SGX Nifty.
Now they started covering INDIAN markets(NSE) as well.
Check this:
http://www.investing.com/markets/india
Good morning master & JN family
Have a nice day !
Nifty exact resisted at weekly chanel with open high same. :P
My Dear Sir Ilango
i am referring to Nifty weekly TA file Macd for wave counts. it is noted that waves 1 and 3 had been of almost equal proportion. so what are the chances of 5th being extended and what factors will confirm this possibility.
thanks and regards.
Golden words of Master in yesterday Pre mkt view:
Nifty Pre-Market View.
A break-out done; a minor pull back done.
Only a firm move past 5977 or 6014 could be construed as the next impulsive move, considering the overbought nature of week & month.
However, the ST day & hour are yet to get into overbought zone. Today's price action-whether impulsive or muted and tomorrow's too would have more clues.
The prudent way to deal with it is to aggressively look for divergences or conservatively trail the prices
test
Good Morning Family
Closing longs for the re-entry...
@master
pl do 10pm update if time permits.
Good Morning Master and copy to all
Ilango sir pl update 10am chart.
good morning DR sir...pranam.
Dr. Patil Sir
My Astaang Pranaam to you :D
any body using trade tiger .....is market summary showing results today in it......mine showing no stocks to match the criteria
@DR
are sir mujhe kyu pranam kar rahe ho, aap bade hai umar me...mujhe pap lagega.....!!!!!
Dear Ilango Sir
Good morning. Unable to open the TA File. Any negative divergence seen in the chart Sir??
Regards
no weakness whatsoever in the market.
a bullish WW may develop in BN charts
Bn may dip below 12700 to form pt5(may be today only)and then may move up towards 12850 tommorow to form pt 6
"6014", filtered 80% has acted as a resistance, resulting in hour T/F weakness only.
Closing below 6007 @ 12.00 would continue that weakness.
Day T/f TA, though overbought, hasn't yet confirmed weakness.
More upsides possible holding 5987 and above 6014.
New Post Done.
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