If there is any further upsides left, it should happen tomorrow. If not, the correction will become pronounced and it will head towards the channel bottom @ 5040-5050 initially or lower upto 5020.
"9-Rsi" chart indicates the impending correction towards 5020 initially. Failure to hold 5020 may drag the index down to 4960-4920-4860.
Nifty continues to close below "Day High ema" and averted the confirming "close below 5-ema". "5100-5105" area has - i) Month High ema; ii) Week High ema; iii) Day Low ema & iv) S1 of tomorrow. Most bullish Bank Nifty has confirmed a short term sell...
"9-Rsi" chart indicates the impending correction towards 5020 initially. Failure to hold 5020 may drag the index down to 4960-4920-4860.
Nifty continues to close below "Day High ema" and averted the confirming "close below 5-ema". "5100-5105" area has - i) Month High ema; ii) Week High ema; iii) Day Low ema & iv) S1 of tomorrow. Most bullish Bank Nifty has confirmed a short term sell...
16 comments:
Dear Ilango,
At last we got above mentioned, the appropriate and as usual impartial analysis at the end of the day from you only.We were eagerly waiting for it.Thanks.The intraday fight will be forgotten now.
At this juncture it is very obvious that The Bulls and The bears will test each others patience, power, supremacy as just 8 trading days are left for the expiry.Let us see tomorrow.
Hello Ilango,
Quote: "If there is any further upsides left, it should happen tomorrow. If not, the correction will become pronounced and it will head towards the channel bottom @ 5040-5050 initially or lower upto 5020".
UQ: If and only if we may see any further upsides tomorrow, what are your upside levels?
ilango sir!!! Amin ..... :)
tom market is there...is it not holiday due to gudipadwa?
Happy gudipadwa greetings to all blog members
sri
Ilango - + possible tommorow ? Well normally Wednesdays signal the downmove trend and Mondays the upmove. Monday failed hope Wednesday obliges.
Of the 5 posts, one name would have attracted your attention. Wish to read your tone and comment.
Advance wishes for all Telugu friends on new year and Happy Gudipadwa.
Good Night.
Hi Raja,
I checked my formula;s with Ilango's formula and found that formula used in ur file are wrong. Sorry to say that.
I hav created mine copy of entire NSE stocks with same format in excel as your file.
I am facing problem at 2 points on which i am working.
1 OB AND OS formula if u have many.
2 slow macd parameters.
will get back with my file may be tonight itself.
once done, it wont take more than 5 mins a day to create this file.
Regards.
shall i take 9 day rsi as ob os indicator ?
Raja,
Quote: "Of the 5 posts, one name would have attracted your attention. Wish to read your tone and comment".
UQ: I know what you are indicating, BUT ...........
Anyway, me too waiting for Ilango's comments but not for tone......LOL
Ilango, I am unable to get f.macd and s.macd values similar to your numbers.
I am using 5, 10 ecponential macd for fast and
12, 26, exponential macd for slow.
still my numbers not matching with your numbers.
can you pls check and get me formula or parameters correctly.
Thanks.
As far as my all data is concerned, it comes directly human made from nse bhavcopy without even changing a .0000001...
Raja, Ur todays 15 march file calculations are wrong again. EMA, MACD, STOCH's wrong. Though our data is same.
Try adding nifty row and compute these numbers and then match with ilango's formula, you will find the mistake..
got the difference in Ilango's fast , slow MACD and mine.
Our all EMA's are matching except the 26 ema.
Tested for both day and week..
So i assume my data authentic so i will go with my numbers.. and calculations.
Just a gentle reminder, My data is 100% authentic as i take it from nse bhavcopy and keep it virgin .. heeeheh ( no integrity issue).
adding 9 day Rsi as well,
Let me know if you want me to add anything more.
After that i will share my file with all of you.
Thanks Raja for format, Ilango for all stuff...
Regards.
http://www.mediafire.com/file/rkrjqdimotk/NIFTY-50 Happy Singhal.xls One can download my version from the above link.
I didnt have mail id of big boss here so request him to download from above link and give your valuable comments.
Few additonal things are:-
1 9 Day RSI.
2 Delivery Volume %
3 MACD divergence coming up in next version.
4 Weekly data always computes value on basis of past complte week and ignores all values of current week.
Pls suggest any modifications/ improvements / additions etc.
Regards
Happy.
Hi Sundar,
Dont know whose calculation is at toss...
Ur & mine numbers are matching in all respects except stochs and RSI.. why so ?
Mine number matching with Ilango's number on NIFTY with same formula i used in stocks.
Pls check by adding nifty in u r T.A. file and we all match up with Ilango to correct our files..
Regards.
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