hi
i have just entered this site, and am in the process of learning tools and techniques for intraday trading. I came across your technical analysis on nifty support and resistance level. What utility you are using for the attached screenshot image? i am interested in knowing the tools and utilities. Please kindly help me in studying the charts. Also if you have any recommendations for me to learn more technical analysis on the charts, please let me know.
thanks in advance
brother m also new here ...i don't know more that u . i knew that...
ok i think u are talking about tick query..u see two boxes above that is for bullish condition and another one is for bearish condition...
how it work ?
above box is for bullish condition ...as u can see i check three boxes ...that is 1.if quantity is greater than 10000..2. if price greater than 10 lakh and 3.if close=high...
ok let's take example ...with infosis...
if any one buy infosis with ten thousand quantity or buy infosis with x number of quantiy whose price is above ten lakh then it will show in that box... it means price is going up..u can see infosis quantity is less than ten thousand but price is above ten lakh that is 98 and 114 lakh oh my god such a big trader...i love this type of trader
how to get help from this?
if u see two or more than two time than u will confirm that price is going up..u can see in infosis and tcs is buying one buy one in greater quantiy second after second and price is going up...
........second box is for bullish condition just opposite to this.....
as yesterday's market was huge downfall u can bhartiairtel and other is going down one by one ...second after second..
there are other condition also trader have to set according to their need ..the condition i chose close=high and close =low is used by most of the trader ..this new type of technical analysis my software contain other query also...m just new that's why i don't know much and more think my software contain is pivot level i don't have to calculate my software do for me
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if u still have problem let me know or if u are from kolkata then u can contact me if u want i really need some tips may be we can share our knowledge...ok