A 5-wave fall done and a small "abc" is developing. Look at retrace for weakness/ strength.
50% retrace done @ 5129.
@mynachourly KST increasing still?thanks
5137-80% negates intraday weakness.
looks like abc done, c= 1.62 of a
Dear Ilango -on NSE website they are showing price as VWAP (volume weighted average price) - how can this information be helpful to us ?regardsDeepak
@ Deepak,VWAP is superior to the "atp" prices.Let us have the NSE link. We'll monitor to see its relevance at critical moments.
5 waves down done and an "abc" too done.80%(5137) whipsawed. But the pattern of correction continues.
RIP........... MEHDI HASAN
Volume Weighted Average Price (VWAP)VWAP serves as a reference point for prices for one day. As such, it is best suited for intraday analysis. Chartists can compare current prices with the VWAP values to determine the intraday trend. VWAP can also be used to determine relative value. Prices below VWAP values are relatively low for that day or specific time. Prices above VWAP values are relatively high for that day or specific time. Keep in mind that VWAP is a cumulative indicator, which means the number of data points progressively increases throughout the day. On a 1 minute chart, IBM will have 90 data points (minutes) by 11AM, 210 data points by 1PM and 390 data points by the close. The number dramatically increases as the day extends. This is why VWAP lags price and this lag increases as the day extends.http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:vwap_intraday
@ DR sirHats off. Walking encyclopedia.Regards/LV
sir we could see that nifty is OB in hourly as well as daily but what are the sighs of exhaustion
@DRsir can we get banknifty hrly data in excel sheet? kindly give link. thanks.
MEHDI HASAN - TERI MEHFIL SE YEH DEEWANA This crazy lover will leave your company.The moss will leave while the candle remain lighted.I was not allowed to speak out my tale of sorrows.How will he live without your love?He will leave with tales of grief and pain.Many more flowers of love will bloom here.You will find many more lovers.The dear ones will stay here and the stranger will leave.The crazy lover will leave your company.The moss will leave while the candle will remain lighted.http://www.youtube.com/watch?v=WxityxStwmM&feature=related
anmpatelPlz give me some timeI have XL file which automatically updates data from NSEwill upload this weekend @ JN groupBut When charting software does everything now a days, why to use XL sheet?
Do I see any triangle in 5 mts chart?LV
because i want to update masters nifty TT for banknifty and study if all indicator like 35hr, hrly KST etc working on it or not? and also i need it for creating banknifty HA chart.anyway thanks. i will wait for week end.
@ shivanGupta,Negative divergences with prices closing below 5-period sma/ ema is a reliable "exhaustion signal" in uptrend. And vice versa for downtrend.
which charting software is best? dr sir
Mehdi Hassan ka one of the bestest...zindagi meiN to sabhi pyaar kiya karte haiNmain to mar ke bhi meri jaan tuJhe chahoongaMehdi saheb aapki gazal ne tanhai mein bahut saath diya hai ..RIP.
Closing above 5120 MEMA wd keep the month trend up...Whereas Hr.Indicators confused now which way to go..too much left and right ..
@UnknownPlz update you profile - ur name TT of Share-khan is best till 2daySharekhan Trade Tiger - The ultimate online trading platformhttp://www.youtube.com/watch?v=SAhlgA9Ubdkat starting of this commercial there is a bull idolIf anybody happen to see it at any show room plzinform me I want one for my desk.
@ DR SirI have tried to replicate the chart setting of Sir excel in TT , somehow it was not coming same ...so still finding a way to replicate it.May be will send u mail with more specific query.
Sir can anybody help me? How to watch Nifty spot and sensex watch in 'Zerodha Now'
After seeing Prakash post above i was browsing thru that Zerodha site and came across this NSE Charts link.. May be useful for someonehttp://www.nseindia.com/ChartApp/install/charts/mainpage.jsp
numcharif your parameters are correct chart will be the same
LAST 7 Days JNSAR is in UPTREND,,can tommorow be reverse!!!!!
@mynacKST hourly flat during last 3 hrs. can we expect some re-buy chance tommorow? thanks.
@mynac35hr indicator also cross red line down if we update last hour data. what option study suggest?
Can anybody help me? I am new to Zerodha. Please - How to watch Ns and Sensex. Please.