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...
18 comments:
My Dear Master
you teach the best always, yet today's lesson is the finest.
BLESS YOU DEAR SIR
Good morning Master and JN Team
Namasthe ilango sir and friends,
Today's quote received :
The lessons we learn from pain will always make us the strongest
I'm always suspicious of rising prices below key averages and
falling prices above averages.
And it gets better when the said averages are trending down or up respectively.
This takes care of 70% of your trades.
dear master
i am not able to follow the blogspot from my system but i m allowed from my mobile. Please add me to the group. Ashwinkarthik19@gmail.com
Dear Master and all JN friends
Goodmorning. Golden words from master to be preserved.
Master ilango and friends,
Good morning to all
Regards
☺☺
GM Master & JN Family,
5970-5836 looks a 5wave fall.. NS trades > DLo , it can seek 38.2% @ 5887
Wk LO @ 66 will resists..
have a gr8 day
cheers!
Good Morning Sir and dear friends.
Nilesh Patil sir I am in your city Kolhapur today.
What a beautiful city you live in. Great weather and people.
GM sir frnds :)
DR ji - tks..:)
shriramji - when nifty follow "nikki like today"? :P :(
GM Ilango Sir and Friends.
Suja amma:
ettani mani "Bull" mahadasha varanum, sollungo ? ;-)
GM Sujatha.. Thanks for your help on DIACARD. Unfortunately i was not able to get it from chennai, But Kumar sir Couriered them.
Thanks to Kumar Sir, his team and you Sujatha
will it be post budget rally? and prebudget correction?
Doji hr ended,
If we consider the fall from 6112, we are in the third or C wave downward, from 5970.What we currently see is an upward pull back from 5838.This could possibly be resisted around 5883 and the down trend may resume. So it looks like a pre budget rally followed by a post budget correction.
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