BollingerBands

[columbus]

EOD=20.1.12 ................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.

 

[trade4joisar]

EOD=20.1.12 ................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.

Candles touches upper band from last few sessions?

Can we expect something like happened in End of August, strong reversal?

 

[columbus]

Candles touches upper band from last few sessions?

Can we expect something like happened in End of August, strong reversal?

If candles are sandwiched between TOP BB and EMA-10,then ride the trend.
As long as EMA-20 is white ,you can continue ,if it turns MAROON better exit
the trade.

The present action reminds me ,rather OCT~NOV action.The only difference
was the candles then were not touching the Boundary.Now the range is narrow
so everyday it is touching the band.

 

[timepass]

Columbus, today's candle (NF) is fully inside the BB - after 9 days. Please check & confirm.

 

[columbus]

Columbus, today's candle (NF) is fully inside the BB - after 9 days. Please check & confirm.

Timepass,

Yes, on NF today's candle was totally within the bands.(Even 16-Jan candle
was inside).

 

[columbus]

OD=23.1.12 ................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]

(Even 16-Jan candle was inside).

Yeah.. missed it; too many lines on my chart. 16th - another Monday (like today).

 

[columbus]

EOD=24.1.12 ................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]

Quite sharp upside so far, wonder whether the lower band will expand as sharply. BTW, 200MA is at 5168. Nifty has been quite skittish around it.



Thnx button missing

 

[columbus]

EOD=25.1.12 ................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.