Nifty-My views

IAtma

Well-Known Member
#12
I don't know either you know about this formula or not (because when RK introduced this formula, with it's calcuations and other steps, I guess u was not here at-least with same ID) ......but you should know that this formula is based on long/mediam term....and fit for investors....and not for traders.

........according to this formula (asper today's close) the stop for longs comes near 4148.....and small trader can loose his entire portfolio if he goes according to this.:)


........BTW, letter-on RK re-developed the formula for using it short-term....., offcourse those developments have not been written on any public forum.....

but....according to new calcuations......

the trend is up only unless it keep above 5434 (mid term) or 5684 (extreem short term.........:cool:

now chose your stop.;)



NF trend UP

tgt > 5858
 

Similar threads