Tick Chart Interpreting!

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  #1  
Old 8th June 2006, 02:25 AM
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narayan78 is on a distinguished road
Question Tick Chart Interpreting!



hi seniors and juniors,

Initially when I used to trade I don't know where market is heading. but, now for the past 2 days i started to watch nifty intraday chart.


WHEN THERE IS UPPER TOP AND UPPER BOTTOM NIFTY RAISING AND LOWER TOP AND LOWER BOTTOM NIFTY IS SLIDING. I THINK THIS IS BASIC AND EVERYONE SHOULD AWARE OF.


how can I interpret something more with nifty intraday chart.I am using power india bulls software (ver 4.1). pls help me with this! advance thanks to all!

narayan.

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  #2  
Old 8th June 2006, 03:05 AM
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shamim is on a distinguished road
Default Re: Tick Chart Interpreting!

This much knowledege is not adequate for trading. Read the excellent posting under " Teach a man to fish ....." a few times and you will be on your way.

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  #3  
Old 12th June 2006, 06:38 PM
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pranayd is on a distinguished road
Default Re: Tick Chart Interpreting!

Quote:
Originally Posted by narayan78
hi seniors and juniors,

Initially when I used to trade I don't know where market is heading. but, now for the past 2 days i started to watch nifty intraday chart.

narayan.
Hi Narayan,

Your statement has made me inquisitive to find out how you've traded so far without understanding the charts!!

As Shamim has rightly said, visit the "Technical Analysis" section of this site and read the thread by Saint thoroughly before attempting (and risking) any further. I have myself read it quite a few times before attempting to trade!

All the best!

Pranay

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  #4  
Old 19th June 2006, 12:14 AM
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narayan78 is on a distinguished road
Smile Re: Tick Chart Interpreting!

thank u shamim and pranayd,

I am going through saints great thread.

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