#Nifty
This table has key information.
Market has cycles that repeats:
Close > 5-Ema - Up
Close > HEma - UP Trend gaining momentum
Close < HEma - UP Trend losing momentum
Close < 5-Ema - Down
Close < LEma - Down Trend gaining momentum
Close > LEma - Down Trend losing momentum
More from Van Ilango (JustNifty)
You could choose to make yr entries IF in Hour t/f, it closes above mid point, 13Sma- Your choice
Elliott wave alerted to termination of "ABC" correction at 2540-2550; Now, with "i" & "ii" almost done, would be looking for "iii"rd https://t.co/rSbLlguwp1
Bollinger band has been a trusted guide with the settings of 13sma & 2 std deviation. Add to it 5 & 8 smas and it works in all time frames.
— Van Ilango (JustNifty) (@JustNifty) September 29, 2020
Start from week & Day for investments; Hour & 5 minute for intraday.
Experiment initially; you'll still need other tools to read the mkt\U0001f600\U0001f64f pic.twitter.com/yEkHiDHiha
I'll go with 5th is getting done soon.
There is one more possibility that 3rd wave is sub-dividing !!
IF so it must hold last rise #retracement https://t.co/a6BBHIWrZk
ROLEX RINGS
— manav (@manav1418) June 24, 2022
Elliot counts (possible scenario's)
Which wave count is correct as per you\U0001f64f
please guide....!!@nakulvibhor @nishkumar1977 @JustNifty @piyushchaudhry @KrunallThakkar pic.twitter.com/h97J8Ycuf5
More from Screeners
Russell 2000
It is better if you spend considerable time learning these concepts. https://t.co/caBHOO4Owa
TRAPS? In a false breakout, the price breaks out of the range & comes back within the range. A trap is one step ahead, price not only comes back within the range but breaks down in the opposite direction. It traps the initial longs who didn't close their positions
— The_Chartist \U0001f4c8 (@charts_zone) January 22, 2022
Russell 2000 pic.twitter.com/txzjdnStzc