Pages

NIFTY indicator status

  • Monthly chart shows that this fall is likely to be stopped at or near the lower bollinger band in monthly chart.
  • Weekly RSI has also gone below 30% line
  • We will know the reversal signs from Daily chart were the stochastic is refusing to move above 20% line so far.
Posted by San at 8:05 AM
Labels:

2 comments:

parminder said...

Hi SAn,
Thanks for the updates and good presentation for guiding.

August 26, 2011 at 9:49 AM
San said...

@parminder
Thanks for that appreciation.

August 26, 2011 at 10:49 AM

Post a Comment

DISCLAIMER

All the contents of niftychartsandpatterns are for educational purposes only and are not Investment Advice or recommendations offered to any person(s) with respect to the purchase or sale of the stocks / futures. Niftychartsandpatterns shall not be held responsible for the actions of individuals, parties, or corporations taken in response to the ideas, thoughts, concepts or information presented in this blog. Hence all the visitors are requested to apply their prudence and consult their financial or investment adviser before acting on any of the Ideas in this blog.