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...
38 comments:
GM Sir and Friends.
Can anyone observe rising wedge in 5 mins and 30 mins nifty spot chart?
6800 NS was achieved today... Now if holding 6788, next tgt is 6830-50 NS
@all traders,
Does anyone facing problem in trading with "Unicon"?
I am not able to place order or transfer fund for last one week.
Hi Praveen " Unicon " has shut shop .
@Jayant
How do you know and what are the alternative for me.
Kindly help.
Options chain in the NSE website aint opening... indiv. strike price screen is...
can anyone post the link for May (Next series) Options data ?
@Master,
How would we differentiate between whether this is 'v' or 3rd of 3rd. We will watch only retracements or there could be some other indicators.
@ Shriram,
Try this :http://nseindia.com/live_market/dynaContent/live_watch/option_chain/optionKeys.jsp?segmentLink=17&instrument=OPTIDX&symbol=NIFTY&date=29MAY2014
Am able to see the strike prices
Ok.. went thru Index watch.. its alrite
May 68CE is almost 80% > May 68PE ... and the main Sword of attack, i.e May NF has added approx. 8.5lacs Oi, with marginal rise in price thus far, which is average @ best ...
So, underlying TREND is not really apparent as of now from next month's OI behaviour.
May see a sideways day ??
some election pictures - the worst i didnt post,, sirffffffff fun ke liye..no other intention..who knows who's fate???
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PS : by the way Mr. Nifty showing very high targetttttttttttttttttt technically, fate sealed on the support
a small bullish WW developing in 2 min charts
may have made pt5 near 6792 ns levels
may trgt 6808 just be4 11.30am
sl below 6787
@ Ragha : tks, got it :-)
@ Shri -- yes we could see the Option chain in NSE site... http://nseindia.com/live_market/dynaContent/live_watch/option_chain/optionKeys.jsp?segmentLink=17&instrument=OPTIDX&symbol=NIFTY&date=29MAY2014
@Shriram
Link working now. April 6800 PE added 620,000 till now.
6700 PE added 498,000
6700 CE reduced by a lac but 6800 CE added 212,000. You can interpret for us.
@Sujatha --- hahhaha.. last pic remained me of Thalivar in Annamalai :)
@ Guru / anand : tks for ur prompt help.
April OI suggest bulls will hold 68 strike a bit longer.. but May OI behaviour does not yet reflect TRENDING action (as of now)
@Sujatha -- "Rekkai kaatti parakudaya annamalai cycle" :P
@ Shriram
Same prob yesterday with historical data
couldnt make any progress
@ SKS : its ok, take ur time..
pls also rem. wot i said, Strike level being tracked , should change once we sell a particular strike
** Should NOT change , once we sell a particular strike
@ shriram
yes am aware of it, we will take it up once I complete collecting the reqd data
Master,
To EW eyes, wot r the tgts for RED "5" sir ?
dear sir 6777 (S) 6819 (H) and now 6806 (S)...is thining....?
@ shriram,
Prices are still struggling below "6809".
Target calculations, especially, in a market which is making lifetime highs is difficult.
We should follow the sub-waves/ retracements to trail it up.
RCOM Chart - Click Here
TISCO Chart - Click Here
IDFC Chart - Click Here
@pravin
have u got any money in your a/c at unicon ? have you called them ?
Roger that sir. tks !
Good morning Ilango Sir and batchmates
@Deepak: Very nice comment and I agree to it
deepak pinto said...
Sir
Thanks for the reply.
Google search on it brought interesting results.
My take though is all forces are finely balanced to give the results. We have a foolish dream of some messaih will come and improve our lot. Various parties and leaders have ruled us . By now we must have learnt.......
the reality is only person that needs change is oneself.
Disclaimer
I have no political affiliations
My humble request for everyone is to not go by rhetoric of any kind be it religion based, caste based or leader based. Lets vote for the best candidate in our constituency irrespective of which party he belongs to
A SMALL CONTRACTING TRIANGLE WITH BUSTED PT5 DEVELOPING IN BN CHARTS
may have formed pt5 near 12852
trgts near 12920 near 12.15-12.30 noon
may pull nifty too along with it for 6808-12 range
@piyush,
I have money in trading acc. I called them but calls getting disconnected.
Also email are not responded.
Goldbees has recovered from Day's lows too... the hedge guys seem to be working overtime !
@pravin,
there was a discussion here(jn) few days back about nse paying back upto 10 lacs if broker runs
away. it may also be possible that the said broker may pay back all clients money and shut shop.
no response may also mean that may be the customer care staff is asked to leave .
however if broker is not reachable first thing is you should complaint to nse i think.
thanks piyush. Hope that I will get my money back. I am also lodging complaint with nse.
@pravin ,
I saw the news on a news channel .
Praveen ghabrane ki jarurat nahi hai, papers, contract notes, ledger sambhaal ke rakho aur online complaint kar do....broker/exchange/sebi khud hi respond karenge...
http://nseindia.com/invest/content/register_ecomplaint.htm
Paranthe ke sath khao achar, abki baar modi sarkar
intra 2mins, a +WW will form pt 5 near 6788 NS...
If and once triggered, > 1-3-5, the 1-4 tgt is 6805-10-20 NS
@Mukesh and Jayant,
thanks a lot.
New Post Done.
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