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Van Ilango (JustNifty) Profile picture
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16 Sep, 6 tweets, 4 min read
Must work continuously....
This one has been in a corrective phase with shallow retrace for the last "9 Days"

#McDowell IF holds 735-738 & shows a reversal signal, it would attempt ATH & 800-825.
#McDowell
#McDowell
After a "Flat" correction (Darwas box !!!), just warming up
#McDowell
Fall was welcomed with open arms..
#Elliottwave gives you clarity

Learn "Elliott Wave Principle" - a free online book-link here- bit.ly/2Zj9v3W
Worked continuously.
#McDowell spotted much earlier following our own studies...
#Elliottwave

Now, taking rest 🙏🙂
"TOI" didn't help with #McDowell
But, stuck to my studies
#Elliottwave
#Trendindicator combo of 1 Hour & 15 min. (Aggressive Buy generated yesterday;
Conservative buy generated today)

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More from @JustNifty

Van Ilango (JustNifty) Profile picture
16 Sep
#Banknifty in focus.
#Hdfcbank 8 days of cons. A move past 1560-65.
#Icicibank 10 days of cons. A move past 717
#Reliance 6 days of cons. A move past 2400
#Hdfc 3 days of cons. Holding 2785-2805 & move past 2825
#Hdfc breaking out..
#Icicibank is poised..
Read 10 tweets
Van Ilango (JustNifty) Profile picture
3 Sep
Learn & Earn "ABC" of Trading:
#Elliottwave
Corrections are primarily-Zigzag & Flat
Flat's sub-waves 3-3-3 or 3-3-5
You see "A" with 3 sub waves, "Flat" in play
The range bound price action is bullish.
#Nifty
Established "17210-17310" range.
Break out & break down beyond this.
#Nifty below 17284 would move lower as in an "Irregular flat" (Remained below 17325 but made a high which is higher than 17312)
Learn & Earn "ABC" of Trading.
Making money with "Flat" corrections.
Read 7 tweets
Van Ilango (JustNifty) Profile picture
2 Sep
#Infy
seems to have done a "ABC" in Hour t/f
Holding 1662, a LRHR trade.
#Infy
A small 5 seen in 3 min. t/f
Ideal entry @ 1667-1672 with SL @ 1664.
Any trade can fail but it must be a LR one.
#Infy
A small 5 seen in 3 min. t/f
Ideal entry @ 1667-1672 - Low done 1670 & now @ 1683+ so far
with SL @ 1664.
Read 4 tweets
Van Ilango (JustNifty) Profile picture
2 Sep
Use "ABC" of corrections to initiate LRHR trades.
Even a " Good Trade a day" would be enough.
Zigzag corrections - If understood correctly, it's a straight path to riches...
#Banknifty from "36375-538" zone, making a low of 36469 & now, @ 36739 so far

Learn "Elliott Wave Principle" - a free online book-link here- bit.ly/2Zj9v3W
Santhosh Kumar
@Murthy_Santhosh
·
21m
Replying to
@JustNifty
I was expecting a move towards 36375.. how should I interpret the corrective wave C (is it incomplete?)

-"Use simple channeling technique to identify a wave completion as well as the start of the next one".
Read 6 tweets
Van Ilango (JustNifty) Profile picture
2 Sep
Learn & Earn "ABC" of Trading:
#Elliottwave
Corrections are primarily 2 kinds-Zigzag & Flat
Zigzag has sub-waves 5-3-5
Flat has sub-waves 3-3-3 or 3-3-5
Once you see A with 5 sub waves, zigzag in play; look for 50%-61.8% retrace to sell for targets 0.618 - 1 times "A"
#Banknifty
Another Zigzag in play #tatasteel : pointed out yesterday by @asitbaran in @CNBC_Awaaz
Initiated a "Sell"; part booked on completion of 1st wave; would initiate again on retrace today for a LRHR trade to play the Big 3rd
#tatasteel : pointed out yesterday by @asitbaran in @CNBC_Awaaz
1st wave & 2nd in play;
A LRHR trade to play the Big 3rd @ 1433-39 with 1446 as SL
IF trades fail, doesn't mean yr strategy is wrong. Just yr reading of it is wrong. Reread.
Read 4 tweets
Van Ilango (JustNifty) Profile picture
1 Sep
#McDowell
Breaking out in Month t/f
Weekly in firm uptrend & so does Day

2 scenarios in ST.
Traders a bit of dilemma
Investors - just cheers ImageImageImage
#McDowell
The most rewarding phase 3rd of (3)rd of 3rd.... every dip, BUY Image
#McDowell
Immediate target "783" & then with corrections more to come.

HOLDING ?? "738-743" preferably (715 - 761's 38%-50% retrace) Image
Read 4 tweets

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