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...
9 comments:
Hello Ilango Sir,
in Nifty day and 9 RSI chart I am little bit confused. It is showing straight down line to Zero.
Can you please explain if time permits ?
Thank you,
Tushar
it is just a print mistake in 9day RSI, i think. if not rsi in highly oversold, where nifty will zoom only zoom??
@tushar,ankita
9d rsi is 100 as mentioned on chart. when charting in xl 100 dips like this to 0.
Oh Ok. thank you Piyushji.
Regards,
Tushar
I checked 9 RSI on daily charts and the value is 87.8 and not 100. Is this a misprint ??
Namaste Ilango Sir & Blogmates,
Bullish: The Bulls are in control of the Option Table for the time being with Support rising up to 6700 level, though not much of a resistance moving forward, Can the Bulls conquer 6800 in the next 2 days....: Option Analysis for 02-04-2014
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Sanjay Kr Jaiswal
Wave 5 thou makes all and sundry join the wagon and everything seems perfect and a sense of nothing can ever go wrong sinks in.
Until........
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