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...
46 comments:
Mr. Ant - still within my nos. :) probably today;s close may be around 6067 to 6100 inbetween.and ..cat on the wall situation
@Shiram: Thanks. I have learnt from master to concentrate on trade & leave all the noices. I have stopped reacting to them either. But I wrote this comment to thank you for conveying.
Hello MSR ji...
it on pause based on some irregular time constrains..
I said hi to you on that day at the end of the post..
@ Prabhat:
Having said that, i wud also request u to peacefully seek answers within ur own mind before asking Master. The learning on price following will be even faster, most answers r within, believe me :-)
DAD ji,
I have seen Ur reply that day itself.
Miss very much ur blog.
Would love 2 see it back even if irregularly.
May God give U all the time in the world.
bekaar hi sriram ji ke kandhe par bandook rakh ke try kar rahe ho, adheer logo se ruka nahi jata..Gour se padiye sriram ji ke comments ko, kam shabdo me gahri baat kah di hai unhone...apply kariye aur parinaam dekhiye sheeghra hi...jitne shant log hain wo paise banane me busy hain, jitne adheer log hain wo analysis dikhane me..
hai marina
we r long since 6068(position). we r waiting for short @6022(6042-20). right?
Latest Day low @ 6077.95.
For the time being 6077 protected.
In 5 min. T/F from 13.45 to 14.20 NS made continuous lower Highs & lower lows.
@Sujatha ma'm: Now I came to know why nifty did not sustain above 6100 :) .... no wonder :)
ayyoo... please allow bulls some grass to eat atleast for this week. Bears can have thier honey from next week till expiry. :)
@Sujatha sis,
Why Cat was always on the wall? :(
HI GV
today no filter SAR is 6042
Hi GV.
Short if NS goes below 6042 today.
hai SKS
thanks ya . because T+2.right?
@ Mukesh Honest: Haha.. Chaliye, ab kamayee par ARJUN FOCUS :-)
New day low @ 6077.40
@MARINA
THANKS YA
@ GV
today is T+3, so no filter
MSR JI - Thanks :-)
Dear sir,irregular correction,after completing a 5 from the top?
Nilesh Patil, sir. Cat has booking in Chennai express ..for tomorrow..
Hence sitting on wall, and waiting..
Sriram ji, ji haan...apni machli ki aankh (nifty) hai aur nishana jnsar ke teer ka...din bhar ka kharcha pani part booking se nikal aaya hai...apna funda hai baat kam, kaam jyada...aur wahi mantra seekha hai yahan is mkt ka...
ok.. lets focus on the market..
61 strike is facing a fire fight.. NS > Day Hi , but <WkEMA.... inability to cross 6120 quick-time will tilt the balance to Bears
Not a single close below hr JNSAR.
dear iiango sir nifty not breck 6077....2nd wave...?
Nilish ji - ROF :) good question
prabhat - mm..mmm but "full moon" on the way ...eod close above 6100 (decesively) may change the trendset for "some time" so it's a big ????? for me
DISCLOSURE - i don't hv any position :)
@Sujatha ma'm: ha ha .. just a an anlayst on moneycontrol or NDTV they have a disclaimer .. :)
3.00PM TT & Chart updated.
dear sir weekly trande doun..?
@Sujamma....Full Moon on Friday....weekend...:):)...some decision on this week long tussle expected....:)) hopefullly...:):)
@ herry,
Last Friday's close below 6148(WEma) indicates "Down".
This week, so far, prices have stayed below the same.
Coming Friday's EOD prices would reaffirm or generate a new signal.
And for all "Lovers" this Friday its VALENTINES "D"ay...:P with big D in the Day???
Illango Sir
Some time say Friday ,if nifty cross the 6148 whether we have to assume that the trend is up or end of the day only. Further during the week @ what time the down trend will asset if daily trend is up and monthly trend is up (6092 to day or tomorrow crosses )
Today's Close > 5 DEMA > WkLEMA----> To tgt Wk EMA first then Wkly HEMA.
SL must
Nifty Pre-Market View:
If resisted " 6097-6110(or 6125), weakness would return.
BN likely to close above DHEMA of 10339.
@GK....Lovely...Sone pe suhagaaaa.....We are all lovers here....:):)
There is a nice gentleman called Jaggi Vasudev (his fans call him Sadhguru) in Coimbatore....
Great clarity of thought....great answers to questions....great logic and very reasonable facts....
No Hypocrisy.....Like Ilango .....he also speaks about endless possibilities that a human being can experience....
Do a search for him on Youtube....Great videos....to hear during trading hours.....:):)
@ BALA,
Presently, month trend is down, having closed below 6097 on 31st Jan.
Presently, week trend is down, having closed below 6148 on 07th Feb.
Intra month and intra week prices should be managed using Day & Hour trend.
Remember, only EOD prices confirm a trend.
After such a good opening nifty is closing near the lower levels of the day. Speaks a lot for the underlying bias in terms of weekly trend.
End of yet another day on un-decisiveness.... & I "think" it is the 4th consecutive day of closure below the day's pivot. Incredible grind.
Good evening !! non of the updates are showing TT as well as charts.. Is any body facing same problem? Regards..
@STBSTB --- Yup, I have seen his videos and also some of his books and also visited his ISHA Center in CBE..... :) Very Mystic thou!!......Dyanalinga is good place for meditation...
Why it is so on my pc where as in mobile I can see chart as well as TT . Can any body help me to sort this out??
@Atharva - Try using Chrome... may be your browser issue...
Sir : even in chrome no luck...
@shriram
Can u give me u r email
Post a Comment