Charts for the Day



to many question in mind...?






Six days red candle reversed in one single green candle 2Day ..... :)

BUT ... back to near its earlier Resistance ... :(
 
Anilji ....... 50 DMA & 200 DMA are most important .....

But how significant or insignificant is 20 DMA ... ?

Please share your view .... in Nifty Daily Charts .... Nifty candle had crossed (upside) the 20 DMA on 29 December 2016 .......

On 13th April 2017 Nifty candle had crossed (Downside) the 20 DMA .....

Also RSI giving negative divergence for this period of 2 crossovers ....

How do you see this.

 
which data downloader you use getbhavcopy or some other downloader
I download from NSE website... convert it to metastock manually... whole process takes 2-3 minutes...

Jitna ho sake free ka mal use karo...

For converting bhavcopy , in YouTube i think thee is a video... watch it... its a simple process...

Enjoy...
 
I download from NSE website... convert it to metastock manually... whole process takes 2-3 minutes...

Jitna ho sake free ka mal use karo...

For converting bhavcopy , in YouTube i think thee is a video... watch it... its a simple process...

Enjoy...
Yes Anilji ..... I also support all freeware alternatives .... whether software or data ...

But do you download manually / directly from NSE link or use a (freeware) downloader like Getbhavcopy or nse datadownloader to do this job ...
 
Yes Anilji ..... I also support all freeware alternatives .... whether software or data ...

But do you download manually / directly from NSE link or use a (freeware) downloader like Getbhavcopy or nse datadownloader to do this job ...
I do it manually daily...it hardly takes time..Also reduce dependency on freewares...
 
GAIL at 408 ...
 


GAIL a big PSU stock...trading in sideways in 200-400 band since past 6-years...so need to track this one, of breakout comes in it, it will be a four digit stock...

Till then read the observations on chart, and keep tracking it...
GAIL ...... 410 ....

Traded on new 52 Week High value 410.95
 
Anilji ....... 50 DMA & 200 DMA are most important .....

But how significant or insignificant is 20 DMA ... ?

Please share your view .... in Nifty Daily Charts .... Nifty candle had crossed (upside) the 20 DMA on 29 December 2016 .......

On 13th April 2017 Nifty candle had crossed (Downside) the 20 DMA .....

Also RSI giving negative divergence for this period of 2 crossovers ....

How do you see this.

Manoj ji,

50 SMA & 200 SMA are important and what makes them important is many followers of it. Specially big funds and research houses. For them both these averages are must to track index/stocks...

20 SMA is short term trend...the trend running from few days to weeks...Generally stocks moving stronger reacts towards 20 SMA and keep bouncing from there...

Question is whether to play simply close above/below type of trades with these MA's...

MA's gives whole picture of what stock doing right now...If it want to turn down, it will challenged short term trend specified by 20 SMA by closing below it...If its a weak then price will close below it and slowly 20SMA starts to turn down...

For intermediate investors 50 SMA is good to track...