BollingerBands

[columbus]

EOD=18.11.11 ................7-month NIFTY chart

Basically there are 2 lines in chart , 20-SMA in (WHITE+MAROON) colours
and 10-ema in VIOLET colour.In bullish conditions 20SMA will in White
colour and bearish condition it will be in Maroon colour.Violet colour line
decides the momentum of market, mostly.

Facing problem with NIFTY chart ,so placing NIFTY-FUT(NOV) chart instead.
At last a SMALL blue candle was spotted.Not big enough to signal a REVERSAL
but an indication that reversal is on card.

 

[timepass]

At last a SMALL blue candle was spotted.Not big enough to signal a REVERSAL but an indication that reversal is on card.

Yeah.. but though some indicators are pointing to an upmove, this doji is a near perfect bearish pinbar. I wonder if it is significant, specially with 315 in sell mode.

 

[columbus]

EOD=21.11.11 ................7-month NIFTY chart

Basically there are 2 lines in chart , 20-SMA in (WHITE+MAROON) colours
and 10-ema in VIOLET colour.In bullish conditions 20SMA will in White
colour and bearish condition it will be in Maroon colour.Violet colour line
decides the momentum of market, mostly.

Excepting for a couple of candles ,most of them are RED candles in this expiry so far.

 

[timepass]

Excepting for a couple of candles ,most of them are RED candles in this expiry so far.

About the time for some green ones then ??

 

[columbus]

EOD=22.11.11 ................7-month NIFTY chart

Basically there are 2 lines in chart , 20-SMA in (WHITE+MAROON) colours
and 10-ema in VIOLET colour.In bullish conditions 20SMA will in White
colour and bearish condition it will be in Maroon colour.Violet colour line
decides the momentum of market, mostly.

 

[columbus]

EOD=23.11.11 ................7-month NIFTY chart

Basically there are 2 lines in chart , 20-SMA in (WHITE+MAROON) colours
and 10-ema in VIOLET colour.In bullish conditions 20SMA will in White
colour and bearish condition it will be in Maroon colour.Violet colour line
decides the momentum of market, mostly.

 

[trade4joisar]

Do you see any reversal? or any sign of revesal point ?

 

[columbus]

Do you see any reversal? or any sign of reversal point ?

Personally I feel candles will under 10-ema line for next 10 days.Let us see.

 

[columbus]

EOD=24.11.11 ................7-month NIFTY chart

Basically there are 2 lines in chart , 20-SMA in (WHITE+MAROON) colours
and 10-ema in VIOLET colour.In bullish conditions 20SMA will in White
colour and bearish condition it will be in Maroon colour.Violet colour line
decides the momentum of market, mostly.

A short series of 18-days has come to an end.The series started with a BANG
and end with a BANG !!! In between it was SHORT all the way.

 

[timepass]

A short series of 18-days has come to an end.The series started with a BANG and end with a BANG !!! In between I was SHORT all the way.

and a tweezer bottom of sorts formed, but to believe Sudoku, more BANGs are on the way