Nifty currently trading just above the Bollinger Band with oversold levels in hourly charts. Also 20 EMA and 5 EMA crossover is also occured.
But Still looks the range bound mood continues for couple of days.
For more chart patterns visit Trending123.com
Technical analysis on stocks, indices, and currencies using chart patterns and Elliot waves with daily stock picks and voice commentary.
Related Readings and Observations
GANN Level Plotter for Nifty GANN Level Plotter INDICATOR PLOTS FOR ANY STOCK AND WORKS FINE FOR LIQUID CONTRACTS AND STOCKS. THE LEVELS ARE NOT FOR TRADING, BUT FOR REFERENCE SO THAT ENTRY AND EXIT WILL BE SMOOTH.
Warning from 2- Period RSI
Weekly 2-Period RSI Warns a major selling pattern if nifty closed below 2920 on coming friday.Nifty at this point of time is trading below last week low […]
Mandatory Update for Nimbledatapro Realtime datafeed Users Globaldatafeed nimbledatapro Mandatory Update : A new version (1.5.3) for nimbleDataPro is released. Please note that this is a Mandatory Update. All previous versions will stop working on […]- Fetch Intraday Data from Google and Plot using Python Here is an yet another interesting python tutorial to fetch intraday data using Google Finance API , , store the data in csv format and also plot the intraday data as candlestick format. […]
Winning with Price Action Strategy We know the famous statement,95% of retail traders are losers and I don't know if this is true! because there is no clear evidence or statistics about that.But regardless,the question you […]
Simple Excel Filter based on SMA – Backtesting of Simple Trading System Here is a simple Excel Filter to Find out Hot Nifty Stocks. And i use to compare the 30day and 50 day Simple Moving Average with the current priceand If current price is greater […]
Leave a Reply