can anyone provide IEOD DATABASE FOR NIFTY ,BANK NIFTY AND NIFTY STOCK WITH BACKFILL FROM YAHOO IN AMIBROKER FORMAT
@ mojibDatabase available herehttp://www.tradewithme.me/data-archives-for-technical-analysts.html
Ilango ji,Rounding bottom / CT forming on Intra , sir ?
master some guidance/views at this moment as u understand it. if possible
@ shriram,That is a view from a bull for a possible reversal which is necessitated by the "more time needed to adjust the technicals".The weekly charts give a bit of scare with "Rsi-both 9 & 14 periods" breaking down from overbought zone. One need to remember these higher T/F weaknesses in mind while taking any contra trades which "must" have a small Tsl to safeguard the trading account from emotional decisions.
Illango Sir,the swing low after 5815 was 5585 level, Today the price is consolidating, but below the previous low.Is this consolidation below the breakdown point of 5585, be viewed as bearish.today the rally from days low, got resisted at 38.2%/ day pivot. my understanding is only if price sustaining above day pivot should be traded for long side. is my understanding correct, please guide
Some of you may have noticed, PE's prices have not gone up and CE's prices are stagnant. ?
Absolutely sir,... Asked u for playing the 0-2 trednline to support 1 time, basically
Illango sir,on the bigger picture, A= 4532-5630, so C = 4770+1098= 5868.But i saw sensex had already reached the A=C trgt, A= 15108-18120, C = 15748+3388= 19136, reached on 5th october, is this has any relevance form EW point of view.
NS is defining 5562 as a support line by touching it again and again.
Dear Ilango Sir & Blogmates,OI Table Update at 1:00PM, VAH:5640, POC-5602, VAL-5569, WVAL:5594, Pivot:5604, VWAP:5584Bears making sure that 5700 level remains out of bounds for the Bulls with huge intra addition and now OI above 87 lacs, Bulls stills not very sure to overcome 5600…Thanks & Regards
@ chetas,During corrective phase, a previous low gets broken as in a zigzag. It need not be bearish all the time.Prices have been trending up in a channel from 4770 to 5815. A "decisive" break(false break downs are common in 4th waves) of this trendline would be bearish.This week & next week's close(includes month's close on 30th Nov) would reveal more & clarity will emerge.For intraday, often pivot plays an important role and when it coincides with other critical numbers, it becomes more relevant. The last number in TT averages is 55 DEma-5587, weak below it.
Thankyou sir, for the clear guidance :)
Ilango ji,If the "false" brek , violates the 0-2 line (4770-5216) , should we assume new DOWNTREND ?Or re-draw a new 2-4 line or wait for the wave to Re-enter the OLD channel ?
@ shriram,I have accordingly suggested 5535 as a SL for "aggressive longs" as the trendline support reached almost.In sensex, it has breached and trying to re-enter the channel.However, we do not redraw the channel normally. This will help in identifying subsequent weakness, if any.
now cat on the wall!!
@masterat which price sensex will enter back in channel?thanks.
tks sir :-)
Nifty bracing to break Friday's low, very weak Nifty indeed
Every one is lookiing it differently...To me it seems that each low (now till 5550) is being actively bought into !!!!Do anyone else has the same view point...
A SMALL BULLISH WW DEVELOPING IN NS CHARTSpt5 formed near days low pt 6 trgt price may be near 5597 near 11am tommorow
New Post Done.
@CDG: View is different based on time frame and the setup they trade with. Master signal is aggressive buy. Conservative traders yet to enter longs.
Dear CDGi do agree with you. yet, strength is very much lacking