Learner's Workshop

Learning is the continuous process and also updating or corrections along with it.

In the purpose just here we all as learners and as well as experts share your todays picks with charts and your own words what you are deriving on your selection of the pick whether it crossed macd or formed a wedge etc.
also any confusions or corrections here it will go ..........

In the evening I will upload some charts to this.

i uploaded one chart with my analsis yesterday evening.

http://www.mediafire.com/i/?0wwwiytsysn2hi0

in this daily nifty chart High is 5737 Low is 4825 and 5169 where it retraced.
means 38 % retracement done.
present High is 5670 Low is 4531 as per above will it retrace near 5230 around.
here one retrace low is done already near 5171 and it is a near 43.5 % retracement.
so each time it will not retrace at the same ratio .
5169 and 5171 above once Resistance and once Support done are on same level without ratio levels.