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...
27 comments:
6213 6210 ... is 38%-50% retrace of the last rise from …… 6196 to 6223
80% is - 6201
If strength to return again, it should be around 6213 6210
Weakness gets confirmed Below 6210 OR 6201
Sir, thanks for your view on Tisco yesterday. Picture is clear now.
@ Chetna, seems iii of c of (2) of 5th wave is unfolding? Are you also seeing the same way?
Good Morning Sir & All Friends.
Yesterday's VWAP of NF is 6204, POC is 6205
For further up move (of rise from 6177), correction should hold NS 6200-6202 gap.
VIX futures Trading started from today. Lot size 750 .
What about margin required to trade VIX index. anybody knows about it ??
Capital required for trading VIX Rs.2,50,000 per lot
I think they have kept 20% margin
2.5 lacs is the margin. Contract ends every week so very risky .
Yes looks risky.
6150 PE & 6200 PE have added 17 lac & 22 lac of intra volume.
6200 CE & 6250 CE have added 9 lac & 21 lac.
FIIs have added 24+35K longs in NF (i.e. retail traders have shorted net 23+21K) during last 2 days.
Range bound movement till 2.30 pm ?
(6225 +/- 20-25 points)
@TJ and Shri:
Bull flag in 2/5 mins nifty spot and BO above day's high?
Good morning Sir and all
Dear Prabhanshu,
have a look at this count on TISCO
http://prntscr.com/2vxny7
@ Prabhanshu,,yes..i see it this way..it is into 4th of C of 2nd now..and there after a 5th should come making a new low..how low, i dnt know but should not be more than 345..so,, would manage to take a trade accordingly
as 2nd of C was a zig zag, probably,,not trying to go too near.....i expect this 4th to be a flat...and then 5th...
Dear Ilango Sir & Blogmates,
OI Table Update at 11:00AM, Pivot-6204, R1-6229, S1-6184, VWAP-6215
Highest addition at 6200PE and 6250CE, probable Expiry Range for the day, with bias being positive, till NF remains above 6204…
Thanks & Regards
@ Chetna, yes, I am also having the same count. Lets c
Expiry day.. so avoiding Pattern recog, as OI magic may be @ work..
BN looks the weaker of the 2 indices
maybe intra 62PE writers will hold till 2:30 and then release nifty down to sub 6200
Anyone seeing this on BN ?
http://prntscr.com/2vxqf0
dear sir a (5933 to 6107)
b ( 6107 to 5985 )
c (5985 to 6223) allredy 138.2%
so a,b,c, done...?
GM Master & Blogmates.
Have a profitable Trading Day.
Respected Sir and blogmates,
Very Good Morning.
Todays open and low for Bank nifty spot is same 10659.20 so till that is broken downside seems to be saved.
Day High : 6222.90 Day Low : 6202.10 Day Pivot : 6198 Hr. Pivot : 6214
NS was above Day Pivot's R1 @ 6219 for a while.
NS's upward momentum continues above Hr. Pivot & Hr. Hema @ 6214.
Weakness creeps in below Hr. Ema @ 6208 and deepens below Hr. Lema @ 6200.
http://postimg.org/image/jyqh42955/
query bank nifty 15 minutes charts nsetame zero volume is shown at 9.30 candle,10.15 candle 11 am candle
whats the reason for it?
@gs ...:):) ...
9.30 am tea break
10.15 am..Cigarettes..
11 am...Brunch...
Hv a wonderful day...:):)...Offf fr my break now...:):)
New Post Done.
Post a Comment