Tuesday, January 8, 2013

Nifty, in sell on rise, finds the initial support @ DLEma & the Channel.


8 comments:

Raghavendra said...
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Raghavendra said...
This comment has been removed by the author.
Raghavendra said...

Dear Ilango sir , Shradha Saburi and All,

Observations on JNSAR and J10SAR

Since May when uptrend started from 4770,

Top is in : Day JNSAR crosses Day J10SAR on upside on Day TF (Intermediate top during the uptrend - EW1, EW3 etc)

For tomorrow too, we have JNSAR > J10SAR will have to see if it becomes true in coming days.

Bottom is in : + or - 1 day , Day JNSAR crosses Day J10SAR on downside on Day TF (Intermediate low during the downtrend - EW2, EW4 etc)

Raghavendra

mynac said...

Dear Raghavendra,
Very valid observation..
Thanks.

Vishnu said...

Dear Raghavendraji,

Please make it more clear to people like us who are novice. What we mean by Top is in and bottom is in.

Raghavendra said...

Vishnu,

Bottom is in :

Example 1 : When Nifty made initial bottom @ 4789 on May 18, observe JNSAR and J10SAR values on May 17, May 18, May 21st here

http://tradeinniftyonly.blogspot.in/2012/05/nifty-intraday-update-iii_21.html

Example 2 : When Nifty made a bottom @5216 on 5th September, observe JNSAR and J10SAR values from 4th ,5th , 6th, and 7th Sep here

http://tradeinniftyonly.blogspot.in/2012/09/nifty-intraday-update-iii_6.html

http://tradeinniftyonly.blogspot.in/2012/09/nifty-intraday-update-iii_7.html

Top is in :

Example : When Nifty made a top @5815 on 5th October, observe JNSAR and J10SAR values on 4th, 5th and 8th October values here

http://tradeinniftyonly.blogspot.in/2012/10/nifty-intraday-update-iii_5.html

Raghavendra

Raghavendra said...

Vishnu,

Another example of Top is in :

Nifty makes a high of 5449 on Aug 24th, Observe JNSAR and J10SAR values on 22nd, 23rd, 24th and 27th August here

http://tradeinniftyonly.blogspot.in/2012/08/nifty-ends-week-with-higher-tf-firm.html

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