Approaching Market With Elliot wave Analysis

posted by saamuu on Fri Jun 22, 2012 11:25 am

fantastic work mitra..i saw also macd divergence at low,i also came out of shorts

posted by saamuu on Fri Jun 22, 2012 11:28 am

now waiting for sell signal .in macd then will take home some shorts, ew till 5198 not breached treating this as 2nd wave up inside b wave

posted by saamuu on Fri Jun 22, 2012 12:43 pm

great mitra , have look at this Re: Approaching Market With Elliot wave Analysis Postby saamuu ยป Sun Jun 17, 2012 11:09 pm Stratergy for 18.6.12 as we planed 5168 would be the wave e complete area.try to book long and initiate short with stop 5184, in the morning session without touching 5168 nifty retraces lil bit to 5115 near ranges initiate long with stop 5084 for tar 5168 and do double shorting as mentioned before,initial targ 5094/5018. levels wont change it plays with some tweeks

posted by saamuu on Fri Jun 22, 2012 12:48 pm

appart from all ur doing great works mitra, i have been eagerly waiting for ur cams to learn from u

posted by dharma on Sun Jun 24, 2012 01:12 am

Dear Saamu, A Gem of analysis.Great work Thanks Regards, M.D.Dharmendra

posted by saamuu on Sun Jun 24, 2012 06:04 am

stock next to bhel is cmp 299 stop 274 add more abv 310 tar shorterm 9th july 2012 tar 358(10 days hold),long term targ 468/547

posted by saamuu on Sun Jun 24, 2012 06:53 am

buy cesc for 10 days hold ,cmp 284 stop 266 targ 310, buy orbitcorp cmp 59 stop 48 tar 78++ hold minimum for 3 months till september for more targets, buy punjlloyd cmp 48 stop 44 tar 54++ hold till july end buy rpower cmp 102.5 stop 94 tar 114++ hold for 15 days, buy sobha cmp 328 stop 310 tar 355 hold for 10 days,

posted by saamuu on Sun Jun 24, 2012 12:07 pm

nifty stratergy for week 24.6.12, HOURLY: nifty stuck in range 5078 to 5226, supp range 5015/4968 ,resist 5207/5226 sell on sub c wave complete and buy on wave C complete, DAILY: wait for wave 2 to complete and take longs for targ 5358/5498/5585 WEEKLY: we are running in C wave inside B wave ,its targets 5877/6297 after completing come out fo stocks even long term going to crash from here,



posted by saamuu on Mon Jun 25, 2012 06:57 am

Stratergy for 26.6.12 as planed before sell on complete of subwave c ,today hit 5194 and our resist of 5207 holded and nifty started its wave C, CCI helped to hold on to the short to cover only at -200,tmrw it will hit oversold region in cci, 5054 is going to be an complete of wave either wave 2 or wave (A) ,so cover shorts and take long with stop of 5021, if upmove was (B) wave then it will halt at 5138 and comeback.lets calculate that after completing wave(A),

posted by saamuu on Mon Jun 25, 2012 07:03 am

chart update in biger size



posted by shanu on Mon Jun 25, 2012 07:17 am


posted by saamuu on Tue Jun 26, 2012 07:46 am

nifty BUY abv 5124 targ 5162 stop 5102 posible double SELL this is wave b or ii

posted by saamuu on Tue Jun 26, 2012 07:46 am

hold long till 1 either at 1pm or target

posted by saamuu on Tue Jun 26, 2012 09:43 am

maintain the stop and book at 5151 and start taking shorts in parts.with help of cci.

posted by saamuu on Tue Jun 26, 2012 11:08 am

double sell on break of stop cci intimating ZLR trade,targ 5040/5004, head n shoulder in all places,once breakout then some super moves will get..banknifty hns break point 9850 /nifty 5093

posted by saamuu on Tue Jun 26, 2012 11:46 am

closing time book long and take home small qty,breakout of 5093 add more,

posted by saamuu on Wed Jun 27, 2012 05:21 am

cover shorts only abv 5135 and recreate the short at 5171 with stop of 5208(positional), in the meanwhile those wants to trade for this 40pts move,abv 5135 stop 5100 tar 5171 dont forget to double short it

posted by saamuu on Wed Jun 27, 2012 07:05 am

Stratergy for 28.6.12 i am glad my friends also starting following cci ,lets make money together and win the market, now back to sandwitched between our levels .5171 to 5100 high made 5159.9 and low made 5129,breakout point is 5198 and breakdown point 5093 this is wat technicals telling, wat we have to do is .book profits on breakout i strongly believe CCI will give HFE that time..normal peoples will go long/short for the breakout.we wont do that, 5208 remains stiff near breakout 5198 go short with 10/15 pts stop,and 5093 broken stay long at 5080 with stop 10 pts,will do the job for atleast 20 fast point moves, we were long abv 5134 holding on to it.have to book on cci HFE's hint on CCI,woodies cci telling timeframe abv 60 mins use 20 paramters .wat i observed is 20 works even better in tf below 60mins and also use TCCI 9 paramters, as TCCI 9 in 30 mins =CCI(9) in 5 mins.

posted by xxxx on Wed Jun 27, 2012 07:59 am

saamuu sir, every day i am checking atleat 4 times for your updates eagrly and trying to grasp your methodolgy with E V and Cci . I went through books but this is oustanding learning. Thanks a lot

posted by saamuu on Wed Jun 27, 2012 11:13 am

even in this market condition delivery call sobha achived targ of 355 ,today high made 353 from 328,recomended 2 days back

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