My charts (and yours too........)

[preethi21]

NIFTY SWING TRADE.....
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[vinst]

NIFTY SWING TRADE.....
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preethi,
i do not understand why u r shorting. this chart is showing upward tendency.

 

[preethi21]

Vinst hai friend
WHEN YELLOW MOVING AVG LINE BOTTOM AND BLUE ON TOP MEANS TREND IS DOWN

(AND THAT WRITTEN DIRECTION UP IS TEST BASED INDICATOR I USE ONLY FOR TARGETS ...You can ignore it)


ACCORDING TO MY CHART .. TREND WILL BE BULLISH WHE MOVING AVG BLUE LINE COMES BOTTON AND YELLOW COMES ABOVE... IT WILL TAKE SOME MORE WEEKS

TOMORROW MORNING NIFTY MAY BE GAP UP +2% ... ACCORDING TO GLOBAL MOVEMENTS .....

SO I CAN BOOK MY LOSE AND ITS A PART OF THIS

 

[chamu]

Preethi,

Great work.. i am new to this site also to stock market.

i am a silent reader of your posts, really learning a lot. thanks
can you tell me what MA is yellow and blue indicate. ( what time frame)?

thanks
chamu

 

[vinst]

Vinst hai friend
WHEN YELLOW MOVING AVG LINE BOTTOM AND BLUE ON TOP MEANS TREND IS DOWN

(AND THAT WRITTEN DIRECTION UP IS TEST BASED INDICATOR I USE ONLY FOR TARGETS ...You can ignore it)


ACCORDING TO MY CHART .. TREND WILL BE BULLISH WHE MOVING AVG BLUE LINE COMES BOTTON AND YELLOW COMES ABOVE... IT WILL TAKE SOME MORE WEEKS

TOMORROW MORNING NIFTY MAY BE GAP UP +2% ... ACCORDING TO GLOBAL MOVEMENTS .....

SO I CAN BOOK MY LOSE AND ITS A PART OF THIS

thanks, preethi,
there are 2 sets of yellow and blue. one set is dashed and other set is solid. I guess you trend indication is based on solid set (because in dashed set , yellow is already abv blue)

 

[prst]

babu and other seniors,

is it a bullish piercing line pattern formed on the nifty daily yesterday ?
plz clarify..

 

[preethi21]

Hi FRIENDS .....
TODAY ALL MY SHORTS GOT TRAPPED... I HAD A LOSS OF 12K ....

ITS A PART OF THIS GAME .. ...SO LETS MOVE ON..

WAIT FOR NEXT ENTRY SOON...

 

[vinst]

Hi FRIENDS .....
TODAY ALL MY SHORTS GOT TRAPPED... I HAD A LOSS OF 12K ....

ITS A PART OF THIS GAME .. ...SO LETS MOVE ON..

WAIT FOR NEXT ENTRY SOON...

preethi,

position being stopped is not new!!

what's your SL since you are taking MA as trend definition.

 

[prst]

i still doubt if this rally will last long.. ..

 

[mangup]

preethi,

1. Time frame of the chart?
2. what the values for those moving avg ?
3. What those two indicators (below price chart) are suggesting?

can u pl clarify to understand the charts better