NIFTY 50 future TRENDS-Part 2

Raghuveer

Well-Known Member
Today is an NR7 day for NF. Yesterday was NR4 day.
 

SexyTrader

Well-Known Member
On the long side, I expect spot Nifty to touch 5720 sometime in this series. Lets see :)
 

Raghuveer

Well-Known Member
@Seven Star: Is this calculation correct for today?

LOW in fib calculator = 9:30am April NF VWAP = 5588
HIGH in fib calculator = 5587 + 23 = 5611

Res: 5597 5611 5629 5648
Sup: 5579 5565 5547 5528

Please use these levels only after confirmation from Seven Star.
 
Last edited:
@Seven Star: Is this calculation correct for today?

LOW in fib calculator = 9:30am April NF VWAP = 5588
HIGH in fib calculator = 5587 + 23 = 5611

Res: 5597 5611 5629 5648
Sup: 5579 5565 5547 5528

Please use these levels only after confirmation from Seven Star.
:confused:which level to use ATR/VWAP....?
 
Last edited:

Raghuveer

Well-Known Member
:confused:which level to use ATR/VWAP....?
ATP=VWAP. see post 881 by Seven Star.
ATR is something else.

See below quote from ehow dot com
Definition

The average traded price of a security is similar to a moving average, but it incorporates volume data in addition to price action. This indicator is most often referred to as a volume weighted average price, or VWAP
 

Similar threads