BollingerBands

[columbus]

Thanks,i have note down all the point in this thread,
today i'm going to take position in cash market with
BollingerBand!

Thanks again!:thumb:

The important feature of Bollinger Bands is Volatility,
Which you will find in Nifty Futures to lesser extent in
some shares.It is better to stick to highly traded stocks
like Reliance.As a thumb rule better try your luck in stocks
whose traded value is grater than 100 crores to start with.

Wish you all the best!!!!

 

[columbus]

BB(20,2) of nifty futures on time frame 3min-5min
are presented below.

Go long when Red,Green candles pierce the bottom band,
Go short when Green,Red candles pierce the top band

Please continue with TREND if candles graze TOP/BOTTOM
bands.

 

[kainiteh]

The important feature of Bollinger Bands is Volatility,
Which you will find in Nifty Futures to lesser extent in
some shares.It is better to stick to highly traded stocks
like Reliance.As a thumb rule better try your luck in stocks
whose traded value is grater than 100 crores to start with.

Wish you all the best!!!!

Thanks for wishes and i should add this to my note!
To be true i have learned BollingerBand only in this
thread :clapping:

 

[columbus]

BB(20,2) of nifty futures on time frame 3min-5min
are presented below.

Go long when Red,Green candles pierce the bottom band,
Go short when Green,Red candles pierce the top band

Please continue with TREND if candles graze TOP/BOTTOM
bands.

Last half an hour or so marked with high volatility.

 

[columbus]

BB(20,2) of nifty futures on time frame 3min-5min
are presented below.

Go long when Red,Green candles pierce the bottom band,
Go short when Green,Red candles pierce the top band

Please continue with TREND if candles graze TOP/BOTTOM
bands.

 

[columbus]

BB(20,2) of nifty futures on time frame 3min-5min
are presented below.

Go long when Red,Green candles pierce the bottom band,
Go short when Green,Red candles pierce the top band

Please continue with TREND if candles graze TOP/BOTTOM
bands.

 

[abhiwhy]

hi columbus
i am also a lover of bollinger bands , its my first visit to this thread , i want to know your views about nifty in daily chart , so what do u think , about short term prospect of nifty in coming days keeping in mind the bollinger band indicator .

in my view the bands are contracting so there may be an eruption of market on any side , because market move from lower volatility to higher volatility and vice versa , also the adx (14) is around 15 , so i m thinking for formation of a new and bigger trend , for some time .

tell me if i m wrong . and give ur view(must ).:clap:

 

[Bimbo]

Abhiwhy the Bands are contracting on Nifty Daily with ADX reading of 12.So a bigger move is in the offing,since volatility has to expand after contraction.The problem is to determine the Right direction of the Move.

 

[columbus]

BB(20,2) of nifty futures on time frame 3min-5min
are presented below.

Go long when Red,Green candles pierce the bottom band,
Go short when Green,Red candles pierce the top band

Please continue with TREND if candles graze TOP/BOTTOM
bands.

 

[columbus]

Abhiwhy the Bands are contracting on Nifty Daily with ADX reading of 12.So a bigger move is in the offing,since volatility has to expand after contraction.The problem is to determine the Right direction of the Move.

hi columbus
i am also a lover of bollinger bands , its my first visit to this thread , i want to know your views about nifty in daily chart , so what do u think , about short term prospect of nifty in coming days keeping in mind the bollinger band indicator .

in my view the bands are contracting so there may be an eruption of market on any side , because market move from lower volatility to higher volatility and vice versa , also the adx (14) is around 15 , so i m thinking for formation of a new and bigger trend , for some time .

tell me if i m wrong . and give ur view(must ).:clap:

Hi abhiwhy,

Instead of words let us see what is Nifty for last quarter.

Yes ,the bands are contracting.Except for today's candle ,other
3 consecutive candles are not wide bodied candles.The previous
2 candles are Big & Green candles.
We are in zone of uncertainty and next few days are crucial and
our markets are likely to be dictated by global markets.Perhaps
4900 acts like as support for the time being.