No there is no afl for the same
It simply indicates the candle/region where I buy as per my selection.
Here's simple method:
At that very point near S3/S4/R3/R4 of Camarilla in FnO stock (Cash segment) only,
I check number of buyers or sellers, if they are greater than 10 day average volume of that stock
then in my view something is cooking at that level and stock will definately move one side.
Like at resistance, it will either retrace its path downward upto any fibo level or will breakout.
Apart from S/R, I sparingly use volumes, macd and candle structure...
But ya i do use !
like a doji + perfect support at S4 + current trading at S3 + huge no. of sellers...
compelled me to buy COLPAL on 18th Oct 2017
No. of buyers/sellers may be temporarily for 1-2 mins or 15 mins or hour.... I Dont Care
but it must be there at Cam level
This is the latest change I have done in reading Cam Levels.
I am still a learner in Cam world so may be its just a fluke... but its working till now.
Wish me luck and
Happy Deepawali to All !!!
