Manoj's Trading Diary

[manojborle]

Hi Manoj
Can you time this downfall to the level of 7894

Hi tradersumo

I have not learned time forecasting yet, so I wont be able to comment on it.

However you must see there are 2 green lines before the target which will act as Support to Nifty future

 

[manojborle]

EDUCATIONAL PURPOSE ONLY

Update:

 

[hmp]

Hi
Do you have afl for this changing color of 20 ema? Kindly post it.
Thanks & regards.

 

[manojborle]

Hi
Do you have afl for this changing color of 20 ema? Kindly post it.
Thanks & regards.

_SECTION_BEGIN( "Short Term MA" );

Len = Param( "Period", 20, 3, 200, 1 );

Av = EMA( C, Len );

upema = Av > Ref( Av, -1 ) AND Ref( Av, -1 ) > Ref( Av, -2 ) AND C > Av;

downema = Av < Ref( Av, -1 ) AND Ref( Av, -1 ) < Ref( Av, -2 ) AND C < Av;

Color = IIf( upema , colorGreen, IIf( downema, colorRed, colorBlue ) );

Plot( Av, "20 EMA", Color, ParamStyle( "Style", styleDashed, maskAll ) );

_SECTION_END();

 

[manojborle]

Weekly :
Buy ctd. bar 9 is completed. If it closes below 62.55 in 4-5 weeks, Buy countdown will be completed.

Daily :
​Price closed above RESISTANCE on bar 2 of prospective Sell Setup indicating Strong Uptrend possible.

​
​
-- Keep the stock in watc​h list​

 

[manojborle]

 

[hmp]

Hi Manoj ji
What factors and set-up do you consider for buy & sell ?
Regards

 

[manojborle]

Update:

Update:

From 100 to 128 in 6 days only...

 

[manojborle]

LEARNING PURPOSE ONLY

 

[manojborle]

LEARNING PURPOSE ONLY

Nifty could not reach buying pressure level the next day.

For today as per the chart

Thanks