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| Do u thnk elliot waves r the best form f technical analysis? |
| YES |
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50% |
[ 12 ] |
| NO |
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25% |
[ 6 ] |
| Not sure |
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25% |
[ 6 ] |
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| Total Votes : 24 |
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| Author |
Trading using Elliot Waves |
mamtamittal08
White Belt
Joined: 17 May 2012
Posts: 34
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Post: #1  Posted: Sat Jul 05, 2014 2:20 pm Post subject: Trading using Elliot Waves |
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Hi frndz i have been practising waves for 3 years n it has been an awesme xperience.I would lyk to share my wrk wth u n wave counts from all fellow practitioners are welcme..!! 
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ragarwal
Yellow Belt
Joined: 16 Nov 2008
Posts: 582
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| Post: #2 Posted: Sat Jul 05, 2014 2:33 pm Post subject: |
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| Welcome mamta !! I too wud love to learn and trade according to elliot waves.Can u plz guide me?
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mamtamittal08
White Belt
Joined: 17 May 2012
Posts: 34
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| Post: #3 Posted: Sat Jul 05, 2014 2:54 pm Post subject: |
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| Ya ragarwal sure.!!plz feel free to express ur doubts.!
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vinodhji5
White Belt
Joined: 30 May 2007
Posts: 9
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| Post: #4 Posted: Sat Jul 05, 2014 3:45 pm Post subject: |
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| awaiting for your elliot wave post
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mamtamittal08
White Belt
Joined: 17 May 2012
Posts: 34
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| Post: #5 Posted: Sat Jul 05, 2014 5:38 pm Post subject: Elliot wave analysis for jp power |
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below are charts for jppower.Elliot waves suggest that a fifth leg on upside is due which may take the stock to levels of around 28-29 atleast....
Plz chk the attachments n post doubts if any....
Feel free to rectify..
Thank you..
| Description: |
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| Filesize: |
80.82 KB |
| Viewed: |
515 Time(s) |
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| Description: |
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| Filesize: |
91.51 KB |
| Viewed: |
542 Time(s) |
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mamtamittal08
White Belt
Joined: 17 May 2012
Posts: 34
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| Post: #6 Posted: Sat Jul 05, 2014 5:54 pm Post subject: |
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| vinodhji5 wrote: | | awaiting for your elliot wave post |
charts for jppower have been posted chk dem out
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mamtamittal08
White Belt
Joined: 17 May 2012
Posts: 34
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| Post: #7 Posted: Sat Jul 05, 2014 7:21 pm Post subject: |
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| So jppower can be longed fir targetz of 29.May b the much talkd deal with Jsw Energy may add momentum to the stock..!!
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #8 Posted: Sat Jul 05, 2014 7:49 pm Post subject: |
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Good to see someone starting this thread. I would like to give some suggestions
- start with higher cap / nifty stocks / nifty itself
- mark sub division of waves and exclude all other indicators from charts
- suggest time frame used for trading EW wrt specific stocks
- have a specific trading strategy in terms of entry exit scaling in points etc
- share more charts
- charting software there for we check
EW for me is guiding post only
EW may not be used for entries in itself ( better entry systems to use)
EW may be considered for exits surely ( profitable).....
EW can be successful for trading by very senior professionals only and lack of complete knowledge ( a judgmental term) can be frustating
EW conviction would mean going against market sentiment often and often and often which is difficult for novices both emotionally and in terms of capital commitment
Regards
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mamtamittal08
White Belt
Joined: 17 May 2012
Posts: 34
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| Post: #9 Posted: Sat Jul 05, 2014 7:58 pm Post subject: |
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| amitagg wrote: | Good to see someone starting this thread. I would like to give some suggestions
- start with higher cap / nifty stocks / nifty itself
- mark sub division of waves and exclude all other indicators from charts
- suggest time frame used for trading EW wrt specific stocks
- have a specific trading strategy in terms of entry exit scaling in points etc
- share more charts
- charting software there for we check
EW for me is guiding post only
EW may not be used for entries in itself ( better entry systems to use)
EW may be considered for exits surely ( profitable).....
EW can be successful for trading by very senior professionals only and lack of complete knowledge ( a judgmental term) can be frustating
EW conviction would mean going against market sentiment often and often and often which is difficult for novices both emotionally and in terms of capital commitment
Thank u
Regards |
Thank u vey mch will definately adhere to ur suggestions..
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saumya12
Brown Belt
Joined: 21 Dec 2011
Posts: 1509
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| Post: #10 Posted: Sat Jul 05, 2014 10:18 pm Post subject: |
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Hi
Good initiative.
If possible, please post EW Counts with chart for Nifty and BankNifty also.
Thanks
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mamtamittal08
White Belt
Joined: 17 May 2012
Posts: 34
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mamtamittal08
White Belt
Joined: 17 May 2012
Posts: 34
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| Post: #12 Posted: Sun Jul 06, 2014 11:45 am Post subject: |
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| saumya12 wrote: | Hi
Good initiative.
If possible, please post EW Counts with chart for Nifty and BankNifty also.
Thanks |
Just posted the charts for bank nifty.U may like to chk dem out.
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saumya12
Brown Belt
Joined: 21 Dec 2011
Posts: 1509
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| Post: #13 Posted: Sun Jul 06, 2014 1:05 pm Post subject: |
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| mamtamittal08 wrote: | | saumya12 wrote: | Hi
Good initiative.
If possible, please post EW Counts with chart for Nifty and BankNifty also.
Thanks |
Just posted the charts for bank nifty.U may like to chk dem out. |
Thanks for complying with my request. 
A very nice and very clear chart you have posted.
I totally agree with your views.
By chart gazing, I can see levels of around 16400 for BNF and if crosses then 16666. I can find higher levels, only once BNF reaches above 16400 levels. But still, looking at the chart, it could be above 17200.
Keep posting
Thanks
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mamtamittal08
White Belt
Joined: 17 May 2012
Posts: 34
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| Post: #14 Posted: Sun Jul 06, 2014 1:26 pm Post subject: |
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| saumya12 wrote: | | mamtamittal08 wrote: | | saumya12 wrote: | Hi
Good initiative.
If possible, please post EW Counts with chart for Nifty and BankNifty also.
Thanks |
Just posted the charts for bank nifty.U may like to chk dem out. |
Thanks for complying with my request.
A very nice and very clear chart you have posted.
I totally agree with your views.
By chart gazing, I can see levels of around 16400 for BNF and if crosses then 16666. I can find higher levels, only once BNF reaches above 16400 levels. But still, looking at the chart, it could be above 17200.
Keep posting
Thanks |
You r most welcome.Itz good to see visitors hu take time to appreciate a post.
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mamtamittal08
White Belt
Joined: 17 May 2012
Posts: 34
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| Post: #15 Posted: Sun Jul 06, 2014 2:39 pm Post subject: |
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| Any one seeking for elliot wave counts for a particular stock can post their query here I wll try my level best to chart those stocks...
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