Analysis of charts - discussion share ur views

[vishalalluri]

Hi Vishal,

You are doing some awesome job here. This thread is going to become a reference thread to learn about TA indicators for newbies as well as for the oldbies.

Keep going man.

Regards
Chachi

THANKS CHACHI I M GLAD SENIOR PEOPLE ARE LIKING IT

i would be most happy if i could be of any help to traders in the process of learning

:thumb:

 

[vishalalluri]

THE REASON ME STARING THIS THREAD IS I HAVE FINISHED MY MBA THESIS

ON TECHINCAL ANALYSIS TOPIC BEING

"" ROLE AND IMPLICATIONS OF TECH ANALYSIS IN BETTER TRADING DECISIONS"""

HOPE I COULD COME UPTO EVERYBODY EXPECTATIONS

:cheers:

 

[vishalalluri]

was anlayising if adx rsi and bollinger bands could be read together at the same time with any indications

got the chart of tata motors i am posting the latest chart dated ydat and where it stoploss should ne when to exit and if its bullish with targets of 600 +++++++++++++++

as a novice what i can understand is overview is bullish but actually i dunt want to post targets

any coorections in the chart please letme know
:thumb:

 

[vishalalluri]

HI EVERYUNE


Before viewing this chart i would request all to view my previous postings on RSI ADX and BOLLINGER BANDS because this is a combination of all three

I was :annoyed:thinking if adx rsi and bollinger bands could be read together at the same time with any indications

got the chart of tata motors i am posting the latest chart dated yday and where it stoploss should be when to exit and if its bullish with targets of 600 +++++++++++++++

as a novice what i can understand is overview is bullish but actually i dunt want to post targets

any coorections in the chart please letme know
:thumb:

im working on another type of trading which might be i belive very much for a day like todays movement of nifty :annoyed:. i would check with it by 3 30 and do post

 

[veekay304]

Good effort Vishal. Great going..!!!

While using multiple indicators for decision making, try to avoid multi-collinearity problems.

VK

 

[vishalalluri]

HI EVERY ONEE

TOOK ME HALF N HOUR :annoyed: TO PREPARE THIS SELF EXPALNATORY
CHART OF
NIFTY BUT IT FEELS GOOD COS THIS BECOMES SO BEAUTIFUL OF

LEARNING THAT I FEEL I HAVE TO ANALYSE THE BEST WAYS

SHORT ENTRY IS SHOWN BY RED AND AVERAGING BY GREEN DEPENDING

ON RISK APETITE

I WOULD POST IN SOME TIME PIVOT BASED TRADIN FOR TODAY SHOWING

DOWNWARD BREAKOUT OF R5 THEN R4 THEN R3 ...........................................................................................

LOL

 

[vishalalluri]

Good effort Vishal. Great going..!!!

While using multiple indicators for decision making, try to avoid multi-collinearity problems.

VK

MULTI COLLINEARITY PROBLEMS DID U MEAN TOO MANY LINES CROWDING UP OF LINES AND BOXES ON THE SAME LINE

 

[Sunny1]

MULTI COLLINEARITY PROBLEMS DID U MEAN TOO MANY LINES CROWDING UP OF LINES AND BOXES ON THE SAME LINE

sorry for mutiple posts due to some net problem

 

[Sunny1]

MULTI COLLINEARITY PROBLEMS DID U MEAN TOO MANY LINES CROWDING UP OF LINES AND BOXES ON THE SAME LINE

it means using two same kind indicators to confirm trend instead of using two different kind of indicators. I cannot explain therefore giving you link to article , if this do not help than try googling.

http: //www.accu investor.com/The-Way-of-The-Technician/Multicollinearity.html

remove spaces


BTW , you are doing a nice job. but I could not understand, where you discussed about RSI and BB mention point A and B. later I understood a bit but not fully.can you explain it differently. I think explanation was not much clear.

and thanks for that software. I was looking for one.

 

[Sunny1]

MULTI COLLINEARITY PROBLEMS DID U MEAN TOO MANY LINES CROWDING UP OF LINES AND BOXES ON THE SAME LINE

it means using two same kind indicators to confirm trend instead of using two different kind of indicators. I cannot explain therefore giving you link to article , if this do not help than try googling.

http: //www.accu investor.com/The-Way-of-The-Technician/Multicollinearity.html

remove spaces


BTW , you are doing a nice job. but I could not understand, where you discussed about RSI and BB mention point A and B. later I understood a bit but not fully.can you explain it differently. I think explanation was not much clear.

and thanks for that software. I was looking for one.