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| Discuss Nifty-My views at the Derivatives within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Continually 3rd down arrow on ZX. Is it a beginning of downtrend ? http://**********.com/files/68307635...ssing.pdf.html Today ... |
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#1
8th November 2007, 10:40 PM
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Nifty-My views
Continually 3rd down arrow on ZX. Is it a beginning of downtrend ?
http://**********.com/files/68307635...ssing.pdf.html Today Index (5646.75) touched near it’s 20 days average 5645 and closed at 5698.75. It will be interesting to see it turn upward from here or continue it’s traveling to 5126- 5071- 4550-4002 or 3617. Anyway, will decide my movement after watching the movement on Monday and if it keep continue, will walkout and watch the match on my screen only. Wish you a Happy Diwali  RK 
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#2
8th November 2007, 10:51 PM
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Re: Nifty-My views
What does X and Y stands in the pdf file ?
Please explain me the formation.
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#3
9th November 2007, 10:23 AM
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Re: Nifty-My views
Hi Rajnikant,
You seem to have created a super excellent model. IMHO, 5957 and trending down seems to be very valid according to trendlines as well. Warmest regards, JustNifty. Last edited by justnifty; 9th November 2007 at 11:21 AM.
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#4
9th November 2007, 11:09 AM
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Re: Nifty-My views
You have broken the code
, thanks. I was hoping it from Ashish Ji. I have tested the same in various time frams with different average methods,and saticified with results. ZX is the major part of my system that I call Base Index. Anyway, during testing/experiments if you find something use full, instead of posting on a public forum, mail me at rajanikant_sharma@yahoo.com. Regards RK Quote:
Last edited by rajanikant_sharma; 9th November 2007 at 11:31 AM.
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#5
18th April 2008, 07:50 PM
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Re: Nifty-My views
Just an update.
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#6
18th April 2008, 08:51 PM
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Re: Nifty-My views
hi rajnikant,
i could not understand your pdf file . please help me. thanks
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#7
18th April 2008, 09:46 PM
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Re: Nifty-My views
It is a play of averages... 20DMA, 50DMA and closing price.....
First pdf file .... X= 20DMA - Close. Y= 50DMA - Close... ZX= X+Y.
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#8
23rd October 2008, 07:17 PM
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Re: Nifty-My views
........not like that.......at all.
 Quote:
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