BollingerBands

[columbus]

EOD=25.11.11 ................6-month NIFTY-Future 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.

(Some problem with Nifty chart)

 

[timepass]

(Some problem with Nifty chart)

How can we get rid of those dotted lines

 

[columbus]

EOD=28.11.11 ................6-month NIFTY-Future 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.

(Problem with SPOT chart ,so putting Future chart instead)

 

[columbus]

EOD=29.11.11 ................7-month NIFTY-Future 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=30.11.11 ................7-month NIFTY-Future 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=01.12.11 ................7-month NIFTY-Future 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.

 

[timepass]

So, the bands have started narrowing ..!!

 

[columbus]

EOD=02.12.11 ................7-month NIFTY-Future 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.

 

[timepass]

Violet colour line decides the momentum of market, mostly.

...still not turned white !!

 

[columbus]

EOD=05.12.11 ................7-month NIFTY-Future 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.