Prediction About Tommorow's markets

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kenneth

Well-Known Member
#21
Nifty Prediction by using RSI
Code:
Ticker	Date/Time	Close	Buy	sell	RSI20	RSI50	MACD310	RSI80	
NIFTY	3/26/2009 3:30	3061.15	0.00	0.00	3028.05	3072.02	3099.37	3148.59
 
#25
:thumb:tomorrow gonna be starting with(-). going to plus(+)
today closing obviously (-):mad:
for 3months target sensex 12500:clap:

kudos
safe play;)
 

kenneth

Well-Known Member
#27
This is For Monday
Code:
Ticker	Date/Time	Close	Buy	sell	RSI20	RSI50	MACD310	RSI80	
NIFTY3/27/2009 3:30 PM	3107.80	0.00	0.00	3081.07	3107.50	3116.12	3133.05
 

kenneth

Well-Known Member
#30
RSI 20-3081 means (Oversold)
RSI 80 -3133(Overbought)
Hi Subrata

These are the prediction of Nifty value for Rsi(5) 20-50-and 80. for tomorrow. These keep changing during the day as the nifty moves as shown below in today's readings. Just Ingnore the MACD readings which also are an indication.

Code:
Ticker	Date/Time	Close	Buy	sell	RSI20	RSI50	MACD310	RSI80	
NIFTY3/27/2009 2:00	3069.05	0.00	0.00	3069.13	3086.80	3100.32	3157.46	
NIFTY3/27/2009 2:05	3072.60	0.00	0.00	3061.51	3083.96	3096.45	3140.49	
NIFTY3/27/2009 2:10	3074.90	0.00	0.00	3058.67	3082.15	3088.41	3127.37	
NIFTY3/27/2009 2:15	3079.40	0.00	0.00	3052.01	3081.60	3081.14	3117.77	
NIFTY3/27/2009 2:20	3086.10	1.00	0.00	3042.75	3082.50	3075.62	3111.44	
NIFTY3/27/2009 2:25	3084.55	0.00	0.00	3051.11	3082.91	3072.47	3109.78	
NIFTY3/27/2009 2:30	3110.50	0.00	0.00	3000.71	3088.43	3073.33	3110.36	
NIFTY3/27/2009 2:35	3106.80	0.00	0.00	3021.93	3092.10	3071.96	3118.18	
NIFTY3/27/2009 2:40	3107.05	0.00	0.00	3038.35	3095.09	3079.75	3115.95
As you can see a Buy signal was triggered at 2:20 and the RSI-80 target was 3111.44 which is know at the time of taking the trade. You will also see he value of RSI-changing and it was 3118 at 2:35 and the price reached 3120

Since the the thread is on prediction and some people mentioned how RSI can be used I gave the values. There must be a thread dedicated to RSI. You may read it

Regards
ken
 
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