Nifty trend

[columbus]

Thanks Columbus, and before you go to sleep )), can you also include the RSI and post the chart showing stochs and RSI ??

The 5 day chart gave a clear picture of stochs (max period 9), but RSI needs 14 periods and 5 day is insufficient data when the RSI is barely lined to form an opinion.

Edit : If possible use the basic stochastics i.e. (S,3,5,3).

Is this TT2.x ?

Yes ,it is TT.2.0.1.0.I mentioned it in the post itself.
In fact first ,I plotted (S,3,5,3) and modified it to (S,3,8,4).There was not much
difference in these two.I will post the chart when time permits.
In fact ,we discussed Pros and cons of new TT by thread started by
thestarvingtrader.

 

[columbus]

I have a decent charting service with Trade Tiger, it's just that there are some limitations in the version I use, and the newer version is too new to switch over to

Trader Tiger has some good charting features.We the limited features we can
do marvels if used judiciously.

I have put RSI also.All are in default values.In RSI (9,14) since the first is
very noisy ,I will send it to background by choosing background colour. Hence
no mention of RSI.if you observe minutely , you will find out in BLUE colour.

 

[Capricorn]

We watch 5580-90 for reversals.

Trade well guys.

 

[Capricorn]

We reversed on friday as anticipated @5580-90. 5550-60 has held us back so far so thats the level to break now.

S @ 5590 , 5520-30.

We short again below 5590...

 

[timepass]

We reversed on friday as anticipated @5580-90. 5550-60 has held us back so far so thats the level to break now.

S @ 5590 , 5520-30.

We short again below 5590...

hmm.. goes up 100 pts in a day, can reverse 100 pts too..

 

[rajsingh]

hmm.. goes up 100 pts in a day, can reverse 100 pts too..

Yes , anything's possible.

 

[moon_moon]

we have to see 5610 level



http://nosectorview.blogspot.com/

 

[Capricorn]

There , we have our b/o,

Above 5710-15 we are headed for 5750 , 5830.

5750-5830 should be a flier.

trade well.

 

[aggy]

today is the best day of my trading in NIFTY ... earned almost 120 points

 

[Capricorn]

The RBI did the bulls in .:lol:

As soon as 5650 broke it was short all the way.

5630-5650 resistance.

Down tgts 5530 , 5475.

Trade well.