Breakout

[Shantala]

Any view on pfc charts????

Are you asking intraday view or positional view?

Positional view:
So far PFC was bullish on daily chart, but right now it is in a larger trading range (285-340). For short-term position, you can long above 314 and short below 297. Today is inside day, so likely to expand range soon.

Intraday view:
Try to remain with bulls.

 

[Shantala]

Nifty above Bull Flag, what next?

 

[manojborle]

Nifty above Bull Flag, what next?

Sir looking at the chart it doesn't look like 5 minute candlestick chart.
Is it a range chart ?

 

[Shantala]

Sir looking at the chart it doesn't look like 5 minute candlestick chart.
Is it a range chart ?

It is Nifty Constant Range Bar chart with size 9.

 

[manojborle]

It is Nifty Constant Range Bar chart with size 9.

9 points.
How you came up with this ?
anything do with ATR ?

 

[Shantala]

9 points.
How you came up with this ?
anything do with ATR ?

It is EMA 128 (rounded to nearest integer) value of ATR 480 on 5 min chart.

 

[augubhai]

It is EMA 128 (rounded to nearest integer) value of ATR 480 on 5 min chart.

Now we know the answer to why 9?

but not the answers to why 128? why 480? and why 5?

 

[kevin velath]

Dear Madam

I am Kevin from WealthRays securities pvt ltd.

I have a business proposition for you,could u please post your contact number so that i could get in contact with you?

Thank you.

 

[Shantala]

Now we know the answer to why 9?

but not the answers to why 128? why 480? and why 5?

Don't have answer to this question, just taken from someone else and experimenting.:lol:

 

[Shantala]

Dear Madam

I am Kevin from WealthRays securities pvt ltd.

I have a business proposition for you,could u please post your contact number so that i could get in contact with you?

Thank you.

Hi,

Please elaborate more on this or PM me.