Nifty Futures Trading

[rajaram.dilipkumar]

Re: Time to Stick my Neck Out ,Nifty 7300

this wolf wave is so confusing...can anyone help me....in getting its logic...though it is based on trend line patterns,,,
but confirmation is so tough
searched through links in the forum..

but abit confusing,,,the actual logic
what should meet what

renu

http://www.chart.nu/wolfewave.htm thought this will be helpful..

 

[kkseal]

Re: Time to Stick my Neck Out ,Nifty 7300

Think a convincing bullish wolfe at this stage would be shaped as a falling wedge or channel.

Think we do have a potential one in the nifty if we ignore the spike bottom of Jan 22 (or draw the lower boundary with the Jan 23 low as the starting point).

Regards,
Kalyan.

 

[renu daga]

Re: Time to Stick my Neck Out ,Nifty 7300

thanks,,,
to rajaram...and kkseal
thank u sir..both of u..

for simple link ,and easy definition
its so simple to understand but again difficult to,,graph it,,
but now not blank,,,as earlier was..

renu

 

[biju1984]

Re: Time to Stick my Neck Out ,Nifty 7300

Think a convincing bullish wolfe at this stage would be shaped as a falling wedge or channel.

Think we do have a potential one in the nifty if we ignore the spike bottom of Jan 22 (or draw the lower boundary with the Jan 23 low as the starting point).

Regards,
Kalyan.

ya i too observed that...

 

[uasish]

Re: Time to Stick my Neck Out ,Nifty 7300

http://www.traderji.com/162278-post1210.html

Nifty Fut EoD ,Down side Projection.

 

[uasish]

Re: Time to Stick my Neck Out ,Nifty 7300

All of us know Mkt is going to Tank ,the Moot point is Upto What,is a Call everybody has to take.

 

[rajaram.dilipkumar]

Re: Time to Stick my Neck Out ,Nifty 7300

All of us know Mkt is going to Tank ,the Moot point is Upto What,is a Call everybody has to take.

asish,

as per discussion took the hard pill and exited in full ... waiting for now

 

[uasish]

Re: Time to Stick my Neck Out ,Nifty 7300

rajaram,

The decision had to be taken,atleast now we know we are going to get all in Lower price.

Asish

 

[myvineet]

Re: Time to Stick my Neck Out ,Nifty 7300

For traders having 4 - 6 months perspective NOW starts the time to Buy in small Qtys,expect Worse cum Worse another 500 points down in Nifty so what World does not end there.When will we Learn that 5 % negative almost daily cant go on forever.

QUOTE =Rajaram,

The decision had to be taken,atleast now we know we are going to get all in Lower price.

Asish{UNQUOTE}

ASISH ,i admire u a lot ...but I find a little contradiction in both statement ...I may be missing something ...plz clarify whenever u have time

thanx

 

[rajaram.dilipkumar]

Re: Time to Stick my Neck Out ,Nifty 7300

thanks,,,
to rajaram...and kkseal
thank u sir..both of u..

for simple link ,and easy definition
its so simple to understand but again difficult to,,graph it,,
but now not blank,,,as earlier was..

renu

actually renu i find WolfeW easier than ElliotW ... not matter how many books i read cant get the subject...the recent one iam reading on EW is by robert c beckman lets see where it takes me.... if i find anything interesting will post it here...