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??
@ Prabhanshu - -ww targets still near 120 in the coming days...?
Very Interesting :Category Date Buy Value Sell Value Net ValueFII/FPI 25-Jul-2014 3749.73 3624.22 125.51
@ 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.
@ Master,In Trend Indicator Nifty-Day & S.Macd chart16 & 17 July 2014 Thick Red and Green arrow marked18, 21, 22 July 2014 Thin Red and Thick Green arrow markedwhen/ which scenario we can mark it as Thin and Thick?
thank you Sir.