Friday, July 25, 2014

Nifty, on completing a 5 from 7772 to 7841, retraced it totally...


Prabhanshu Raman said...

Sir, in trend indicator chart, you have not marked negative divergence. Any specific reason or when/ which scenario we can mark it?

Also in lead indicator chart, it has triggerd downside but down red arrow us missing. Will it be marked wen lead indicator goes below 80 mark??

Bharat Kumar said...

@ Prabhanshu - -ww targets still near 120 in the coming days...?

Guru Krish (Trading Nirvana) said...

Very Interesting :
Category Date Buy Value Sell Value Net Value
FII/FPI 25-Jul-2014 3749.73 3624.22 125.51

Ilango said...

@ Prabhanshu Raman,

S.Macd should turn down.
S.Macd should trigger down.
Prices should close below 12 dema.

Hence, in this chart, no sell signal is generated.(One or two of these factors must confirm).

For divergences to be marked, macd, at the minimum must turn down; prices must close below 12 dema.

Lead indicator chart:

Prices have closed above 5 dsma.
Though Lead indicator has turned down(for aggressive traders), it must trigger down.

krish pm said...

@ Master,

In Trend Indicator Nifty-Day & S.Macd chart

16 & 17 July 2014 Thick Red and Green arrow marked

18, 21, 22 July 2014 Thin Red and Thick Green arrow marked

when/ which scenario we can mark it as Thin and Thick?

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