Nifty Futures Trading

[ag_fx]

Any views on this? Is this a triangle formation? Am I right?

Find file attached please.

 

[debdeeps]

Any views on this? Is this a triangle formation? Am I right?

Find file attached please.

yup, triangle about to burst now.

 

[columbus]

In this choppy market TODAY,I think RSI worked far better.

 

[columbus]

dear columbus,

hope this helps

Dear l2t,

Though this post has nothing to do with RSI,I would like highlight another
aspect of charts,that is STRETCH EFFECT.Just compare the chart posted
by you, and the another adjacent to it.The movement of NIFTY is captured
by the other chart is good ,the reason being in your chart in X-axis (time axis) is
stretched.

I remember writing about it in detail in EQUITIES segment of the forum.
Nobody except ALEX was contributing to it.I stopped the thread.

 

[terminator_123]

Dear l2t,

Though this post has nothing to do with RSI,I would like highlight another
aspect of charts,that is STRETCH EFFECT.Just compare the chart posted
by you, and the another adjacent to it.The movement of NIFTY is captured
by the other chart is good ,the reason being in your chart in X-axis (time axis) is
stretched.

I remember writing about it in detail in EQUITIES segment of the forum.
Nobody except ALEX was contributing to it.I stopped the thread.

Can you elaborate a bit more on this .. or provide the link to the thread u have started...

 

[learn2trade08]

dear columbus,
sincerely appreciate your reply,will look into it.
thanks again.

Dear l2t,

Though this post has nothing to do with RSI,I would like highlight another
aspect of charts,that is STRETCH EFFECT.Just compare the chart posted
by you, and the another adjacent to it.The movement of NIFTY is captured
by the other chart is good ,the reason being in your chart in X-axis (time axis) is
stretched.

I remember writing about it in detail in EQUITIES segment of the forum.
Nobody except ALEX was contributing to it.I stopped the thread.

 

[columbus]

Can you elaborate a bit more on this .. or provide the link to the thread u have started...

http://www.traderji.com/equities/24085-stretch-effect.html#post219764


As such there is no problem with these charts, but they are elongated in
one direction, mostly in x-direction.I found some charts with X-axis : Y-axis
in ratio 3:1 ,in such cases we will tend to lose the DEPTH.

 

[tinchu76]

Note - inflation numbers expected in another 10min (~12:30)

Earlier it use to be after market hours isn't it??

 

[milind]

Earlier it use to be after market hours isn't it??

You are right, should be after market today. But I heard 12:30 on CNBC 10min ago.

EDIT: I guess I misheard. Sorry folks.

-- Milind

 

[debdeeps]

Inflation 8.40% vs 8.84%, expected 7.5%