Trading with Volume Spread Analysis (VSA)

[nimish_rulz]

A little disappointed with the close today. Our market is lacking the juice. UK market and US Markets have gone up significantly without correcting the low in the first week of Feb was at 5033 and today its at 5330. Dow low was 9830 and today it is at 10,400. A jump of almost 300 and 600 points respectively. However we have moved just 165 points that means we are underperforming for having a better economy. I hope we rally soon. But today the last hour was freakishly volatile Nifty futures making a day high of 4880 and low of 4795 and closing in the middle.

 

[bunny]

Still bearish.

Still bearish.

 

[SCION]

:rofl:
abhibhi copy paste.....
:thumb:

Still bearish.

 

[bunny]

:rofl:
abhibhi copy paste.....
:thumb:

Kam se kam khud ka hi toh kiya, kuch log toh kisi aur ka karte hai. :d
And what point does it make to rewrite the same using different words?

 

[SCION]

:rofl:
you mean VSA again.....
:clapping: all the best....
btw honestly,sach mein bolna kis ka copy paste hein....

Kam se kam khud ka hi toh kiya, kuch log toh kisi aur ka karte hai. :d
And what point does it make to rewrite the same using different words?

 

[bunny]

:rofl:
you mean VSA again.....
:clapping: all the best....
btw honestly,sach mein bolna kis ka copy paste hein....

Guess ?......aur kaun hai jo Vsa karte hain? Is thread mein baaki ke log toh bullish the, kartik toh holiday pe hai, toh phir kiska hai?

Edit- Mera toh cp nahi hota hai. isliye mein US markets ke open hone se pehle hi apna view post karta hoon. Varna, kuch log toh US market closing se apne view ko 'tune' karte hai. Us market up to bullish, nahi to bearish.

 

[SCION]

VSA mein aur kaun hein gyaani.....

okies gtg....
:ciao:

Guess ?......aur kaun hai jo Vsa karte hain? Is thread mein baaki ke log toh bullish the, kartik toh holiday pe hai, toh phir kiska hai?

 

[adultvish]

A little disappointed with the close today. Our market is lacking the juice. UK market and US Markets have gone up significantly without correcting the low in the first week of Feb was at 5033 and today its at 5330. Dow low was 9830 and today it is at 10,400. A jump of almost 300 and 600 points respectively. However we have moved just 165 points that means we are underperforming for having a better economy. I hope we rally soon. But today the last hour was freakishly volatile Nifty futures making a day high of 4880 and low of 4795 and closing in the middle.

check """"""""

 

[nimish_rulz]

I think there is no need to worry about yet. The volumes have started to pick up and i believe we have found a bottom at 4670 levels. Dow even if it falls today but below 1% is long due for correction it has been going up since 98300 levels. 600 points up move without significant correction. Similarly UK FTSE is yet to see any correction from its up move started at 5033 and now Trading at 5320 levels. Here are some attachments of nifty why I believe we don't have a sell signal yet.

I have Dow FTSE and other international daily charts most of the western markets have broken the resistance and should move up but there is a every chance of 0.5% to 1% correction not more than that. Unless we see dow falling 2% today I wont be convinced we are going down. Last 3 days Dow has gained around 3% + FTSE has gained around 4% this week.

 

[rajeshn2007]

Hi Nimish,
your chart says, mid term and long term are down. isn't that a problem?

though it says short term trend up, the short term indicators may change quickly !