Stocks To Keep A Close Eye On

[yogesh-tiwari]

You can download it from this link

-Anant

I must say your doc made it so very easy for me.

Thanks a ton:clapping::thumb:

 

[tghai]

Based on BB and today's close, TISCO has become a Sell candidate.
Please do correct me if I am wrong ....

Murtaza, Please also see chart of SCI. piereced the bb. moved down yesterday. i am still trying to make good analysis out of bb.

Also, can anybody suggest me any free charting tool to see bolloinger band with SMA .. i use icharts.in but it uses EMA for BB.

 

[talisman]

Murtaza, Please also see chart of SCI. piereced the bb. moved down yesterday. i am still trying to make good analysis out of bb.

Also, can anybody suggest me any free charting tool to see bolloinger band with SMA .. i use icharts.in but it uses EMA for BB.

Hi Tarun,

I also use icharts but I think you can anyways use SMA with BB...You just have to change the upper indicators option...
Alternatively you can also use rupeeking or chartnexus....

Regards,

 

[asnavale]

Murtaza, Please also see chart of SCI. piereced the bb. moved down yesterday. i am still trying to make good analysis out of bb.

Also, can anybody suggest me any free charting tool to see bolloinger band with SMA .. i use icharts.in but it uses EMA for BB.

Hi Tarun,

In case of SCI also the bar that pierced BB is red and also the bar that came inside BB is also red. Therefore, it is not valid. The last bar that pierces upper BB should be Green and the next one that comes inside BB should be red.

-Anant

 

[tghai]

Hi Tarun,

I also use icharts but I think you can anyways use SMA with BB...You just have to change the upper indicators option...
Alternatively you can also use rupeeking or chartnexus....

Regards,

i dont see that option. may be there is some gap here. lets make sure we are on same page.

Bollinger band (9,2) means 9 is moving average and 2 bands will be drawn +/- 2 standard deviation apart. icharts bb is hard coded to uses ema.

rupeeking hard codes again even to num of days of moving average

chartnexus is downloadbale but where will i get eod feed ?

 

[tghai]

Hi Tarun,

In case of SCI also the bar that pierced BB is red and also the bar that came inside BB is also red. Therefore, it is not valid. The last bar that pierces upper BB should be Green and the next one that comes inside BB should be red.

-Anant

on 16th bb got priced with white candle, on 17th red canlde came just inside bb. on 18th, stock price came down by 5%

am using icharts which uses ema based bb.

 

[SavantGarde]

Hi Tarun,

When You See A Gap Down Such As Today Don't Just Stick Your Head In The Chart.....To Find Answers Although Answer Is There But You Can't See It....

In Such Cases Go To The NSE Website....To Check For Any Kind Of Ex-Date..First....

By The Way, Reason For Gap Down Was It Went Ex-Dividend Today & Dividend Declared Was Rs.6.50

Happy & Safer Investing

SavantGarde

on 16th bb got priced with white candle, on 17th red canlde came just inside bb. on 18th, stock price came down by 5%

am using icharts which uses ema based bb.

 

[prasadam]

hello friends.

very nice to see that so many are interested in bollinger bands.

while using bollinger bands, please keep these things in mind.


1) savant is using them as secondary indicator. so, those of you who are using MA / MA crossover, use it for profit booking ( either partial or full). no need to wait for inside bar, inside bands etc.,

2) those of you who want to use it as primary set up, wait for confirmation, as stated in gimme setup. a pdf file was uploaded by rajendra and was re posted by Manga in crossover thread.

for further strategies visit

http://bollingerbandgenius.com/

3) observe for a month, on your stock's chart, how price reacts when it reaches the outer bands.

and also visit bollinger bands thread, where columbus is uploading nifty intra day charts.

cheers.

 

[prasadam]

it's me again.

sorry forgot to mention two things.

1) the premise behind bollinger bands is that, in a normal distribution data set, 68% of data should fall within one standard deviation and that roughly 95% should fall within two standard deviations. So 95% of the price should fall within the 2-width standard deviation, which is within the upper and lower band.

so, it can fail 5% of the time. that risk is there.


2) there are some useful discussions between savant and ashpaul in the bollinger bands thread. please search for them.


cheers.

prasad.

 

[talisman]

i dont see that option. may be there is some gap here. lets make sure we are on same page.

Bollinger band (9,2) means 9 is moving average and 2 bands will be drawn +/- 2 standard deviation apart. icharts bb is hard coded to uses ema.

rupeeking hard codes again even to num of days of moving average

chartnexus is downloadbale but where will i get eod feed ?

Tarun,

Umm...some confsuion..I guess...okay..lets take it step by step...
You open icharts dot in...then you click the chart option in the left panel...the new page opens that has by default nifty's chart with EMA 20/50 setting with with 3rd and last box empty..there you need to change EMA setting to SMA with 20/50 or 5/6 and in the 3rd box you need to use BB that comes with default setting of 20/2...there you can change it to 9/2 setting...

Right?

Regards,