Pick Bottoms , Blow Tops

[uasish]

Tahnk U Tradeji
I Am Very Grateful To U For Allowing Me To Join This Discussion Forum.
Hello To All Seniors & Others.

Since I Am To New This Site . I Have A Questionto All Seniors & Others How To Find Beta Values Of All Stocks. Is Any Site Gives Beta Values.


Alpha

Alpha,

A warm Welcome to the Forum.I dont know whether the magazine "Dalal
Street" is still into circulation,ask the News-Stand guy,if it is available,they have a Section with all relevant datas.

Asish

 

[chamara6]

great information for taking trend direction. concrete and valid information very very useful for majority of small time investors.

 

[Ajax]

Hi all

Post chart of Nifty future 5min.

Identification of wolf allowed to take position
right @ the bottom.

See where Nifty is now

Ajax

 

[2scared]

Hi Ajax,

If its the WOLF which has worked,then Nifty Futures look heavily over bought and is due for a fall next week.

regards

 

[darsh_goswami]

Hi all

Post chart of Nifty future 5min.

Identification of wolf allowed to take position
right @ the bottom.

See where Nifty is now

Ajax

Dear Ajax ,..

I can say its a nice attempt but its not a wolf ,.. neither multiple top bottom wolf ,... which u can see after wave 5 ,.. there is 6 n 7...

As much as i can see ,... Its just falling wedge breakout ,... I think still we need to understand Symmetry in perfect wolf. If Epa ( target ) has been achieved its just due to falling wedge and breakout ,..!! not cause of Wolf,...

Then too hopefully someday Saint or winston ( or any senior who knows wolf better ) can comment.

Regards,..
All the best ,..
Darsh

 

[robin_malihan]

Dear Ajax ,..

I can say its a nice attempt but its not a wolf ,.. neither multiple top bottom wolf ,... which u can see after wave 5 ,.. there is 6 n 7...

As much as i can see ,... Its just falling wedge breakout ,... I think still we need to understand Symmetry in perfect wolf. If Epa ( target ) has been achieved its just due to falling wedge and breakout ,..!! not cause of Wolf,...

Then too hopefully someday Saint or winston ( or any senior who knows wolf better ) can comment.

Regards,..
All the best ,..
Darsh

(do u know who introduce wolfe waves in traderji)

 

[sattimes]

HI Ajax,

pls see the nifty daily chart.

is it exhibiting bullish wolf pattern?

same can not be plotted if we take bar charts as 1 will be lower than 3, so which one to take?

Line or bar chart?


pls give ur valuable inputs.


thanks and regards
satish

 

[Ajax]

Dear Ajax ,..

I can say its a nice attempt but its not a wolf ,.. neither multiple top bottom wolf ,... which u can see after wave 5 ,.. there is 6 n 7...

As much as i can see ,... Its just falling wedge breakout ,... I think still we need to understand Symmetry in perfect wolf. If Epa ( target ) has been achieved its just due to falling wedge and breakout ,..!! not cause of Wolf,...

Then too hopefully someday Saint or winston ( or any senior who knows wolf better ) can comment.

Regards,..
All the best ,..
Darsh

Thanx darsh... Lets not get into debate.
Same points in same words have been raised umpteen number of times (see threads on Wolfe wave, Kiss like McGrath etc etc)..

As per my understanding.. wolf came ... I saw ... I profitted.. The end


Waiting for next one... bullish / bearish

Incidentlly today's sharp rise in Nifty from bottoms was again due to
bullish wolf (5min / 10min) as per my limited knowledge.. I was out of
market so missed it... Same wolf in 5 min RNRL also.....today

Attaching another days NF 1 min chart.. see wolf...

Regards

Ajax

PS: Wolfs are a result of mismatch of demand & supply. Simple
Do not see wolf under prism of Elliot waves ( of which I know
next to nothing)/ wedges.

If wants to be more technical... Can down load PPS
files in the first post of this thread... Apply those Fib numbers
and other criterias as shown to Nifty charts shown here..

 

[Ajax]

HI Ajax,

pls see the nifty daily chart.

is it exhibiting bullish wolf pattern?

same can not be plotted if we take bar charts as 1 will be lower than 3, so which one to take?

Line or bar chart?


pls give ur valuable inputs.


thanks and regards
satish

Dear Satish ......

This point has been discussed in some thread recently.

As a die hard bull very tempting to take only closing price into consideration
But u cant ignore low (of point 1), which was incidently the day of Nifty
down circuits and that massive fall ? 21/22 jan..... That negates the wolf.

If this chart represents pattern taking Hi & Lo in account. I would qualify this as a bullish wolf....

Regards

Ajax

Do take Hi & Lo into account (i.e. Bar chart, not line chats) .. u will find many such patterns..
Shift to lower time fames.... wolfs form quite often... try to understand psycho behind it....

eg. today many Nifty scrips were forming similar patterns in 5 min charts

 

[darsh_goswami]

Dear Ajax,..

Sorry if i hurt u ,.. didnt mean to critisize u ,.. just was hoping a better n clear view from ur side.
Next , the other chart of nifty ,.. yeah i can clearly see a wolf there. In earlier chart also u found it wolf , i didnt ,.. so may be my mistake in eye balling.

And @ robin ....
I know ,.. who introduced wolf to this forum... Thats why its always better to ask an expert directly.

Ajax ,.. again sorry for my words ,..
Regards,..
Darsh