bharti peculiar chart

#3
JDM what i meant to say was that if you see where i have drawn lines the range narrows & price sits at a particular level for 10-20 bars, i do not see such behavior in other actively traded stocks( it is as if somebody is repatedly buying at a particular level)

On your Excel sheet( i assume u use marketdelta) i have a question whats the netvolume figure( if its the sum of all figures to the right) then volume must be 2000 for price 782
 

jdm

Well-Known Member
#4
JDM what i meant to say was that if you see where i have drawn lines the range narrows & price sits at a particular level for 10-20 bars, i do not see such behavior in other actively traded stocks( it is as if somebody is repatedly buying at a particular level)

On your Excel sheet( i assume u use marketdelta) i have a question whats the netvolume figure( if its the sum of all figures to the right) then volume must be 2000 for price 782
well its seems the symmetry is bothering you. after all we dont see such too often. pls dont go by that. it is just the market searching for its next move. just another setup. trade it just as you have traded an inside. take for example, between 11:40 and 11:55 the prices hovered in a narrow range of 772 and 773. just place 2 SL orders, buy above 773 or sell below 772, whichever comes first keeping the other as your stop.

i have uploaded a new file with much more details.
http://www. 4shared .com/file/63353074/b2909181/BHARTIARTL_Tick.html

well the netvolume is the difference of +ive ticks and -ive ticks (and the sw its not MD). the sw scraps data from PIB, and data appended by PIB is not really tick data in its true sense (but good enough). pls check with another source for the exact figure.

cheers..
 

columbus

Well-Known Member
#5
well its seems the symmetry is bothering you. after all we dont see such too often. pls dont go by that. it is just the market searching for its next move. just another setup. trade it just as you have traded an inside. take for example, between 11:40 and 11:55 the prices hovered in a narrow range of 772 and 773. just place 2 SL orders, buy above 773 or sell below 772, whichever comes first keeping the other as your stop.

i have uploaded a new file with much more details.
http://www. 4shared .com/file/63353074/b2909181/BHARTIARTL_Tick.html

well the netvolume is the difference of +ive ticks and -ive ticks (and the sw its not MD). the sw scraps data from PIB, and data appended by PIB is not really tick data in its true sense (but good enough). pls check with another source for the exact figure.

cheers..
Communication stocks do not appear to give good return until unless new innovative techniques are introduced.
 
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#7
Ok i understand that netvolume is the sum of of figures starting right from F column in respective price. This is very innovative thing you have.How does it help? can you plz elaborate.
 

columbus

Well-Known Member
#8
what does innovation in communication has to do with trading or return as a matter of fact. :rolleyes: boy you are spamming. :eek:
All of all have heard about 3G Spectrum,Internet Telephony etc..
Your next other issue is not worthy of replying.
 
#9

jdm

Well-Known Member
#10
Ok i understand that netvolume is the sum of of figures starting right from F column in respective price. This is very innovative thing you have.How does it help? can you plz elaborate.
ohh nothing innovative. just the flow when u start.

hhhmm very difficult to elaborate, but in short its just another way to dechiper the market. whats happeing at a perticular range, buying or selling, and how strong it is. bottomlime: helps one take better decision.

cheers...
 

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