Daily Tryst with Nifty

[praveen taneja]

very true -

seems like all eclipse days end in RED!!!

PT bhai, do u have list of all eclipse days of last one year - it will be an interesting backtest

I dont have now bro but will try to find and post in the evening

 

[RDutt]

Good Idea..... :clapping:

 

[WOD]

LT bro, I am attaching the 60 min chart showing HnS....

 

[humble]

Friends,

Any comments on the chart below? I know too much of H&S these days ...

Scrip: Mini Nifty Futures
TF: 60 mins

Regards,
-Sri

 

[ag_fx]

Friends,

Any comments on the chart below? I know too much of H&S these days ...

Scrip: Mini Nifty Futures
TF: 60 mins

Regards,
-Sri

Aila..where is the HnS????????

 

[humble]

Aila..where is the HnS????????

I am hoping it would complete the inverted HnS.

Next 2-3 days we could see a down move including flat days followed by a small upmove for the following 3/4 days [considering the F&O expiry]. I could go terribly wrong , just giving a shot at it ...

Regards,
-Sri

 

[MurAtt]

@WOD -- Same -- Aila. where is the HnS.

@ Humble, maybe (but it is an I-HnS . Increase the TF to Daily and check for the same. I think u will get it.

@ PT bhai -- awaiting list. Would be an interesting study ...

Sorry for not supporting with charts, net from cell - cannot use much - huge costs

 

[WOD]

Friends,

Any comments on the chart below? I know too much of H&S these days ...

Scrip: Mini Nifty Futures
TF: 60 mins

Regards,
-Sri

Neither I can see HnS.....BTW what MA are you using in above chart?

 

[WOD]

@WOD -- Same -- Aila. where is the HnS.

@ Humble, maybe. Increase the TF to Daily and check for the same. I think u will get it.

@ PT bhai -- awaiting list. Would be an interesting study ...

Sorry for not supporting with charts, net from cell - cannot use much - huge costs

I have encircled it....had chart been of big size you could have easily spot it...and yup we have huge I-HnS in daily......

 

[lazytrader]

Aila..where is the HnS????????

:lol:

Recently I have noticed that everyone is talking about HnS. HnS is a common and reliable pattern I agree but you have to make sure that you have a head and 2 shoulders. Without which, I believe the reliability behind the "Head and Shoulders" name would be missing. If the HnS pattern is not clear on a particular TF the switching down to make it clearer would help. If you don't see a HnS on a lower TF then there is no HnS.

Secondly, if you see a very small HnS you can barely make out on the 60min and it is only clear on a lower TF then the HnS would be a HnS on a lower TF not on 60min.

Ofcourse these are just my views and everyone need not agree..