Charts for the Day

[ravi2126]

lets take a example if lupin macd chart...mark normal zones and ones that are deep ones...now analyze it with price chart...[/QUOTE]

As it turn lot of time from there u take as "first line of overbought zone".

is this right ?

 

[rangarajan]

ravi2126,

Is it possible to superimpose price on yr chart so that we can understand price action w r t Macd o/b & o/s.

Is it subjective in the absence of definite mathematical parameter.

 

[ravi2126]

 

[anil_s_trivedi]

 

[ravi2126]

Anil''ji look on bharatfinance chart using MACD, it looks extreme oversold zone ....also hovering near support zone.

 

[anil_s_trivedi]

Anil''ji look on bharatfinance chart using MACD, it looks extreme oversold zone ....also hovering near support zone.

Raviji,

Yes..in morning itself i had seen the chart...its getting in oversold region, probably a bounce trade may be on cards...

But yes stock in in downtrend, so your position allocation should be not in full...See some sign on hourly strength and then get into it...

 

[anil_s_trivedi]

Divis lab a classic case....surprises happen below 200 SMA....its the last line of defence for bulls...yesterday itself it should have alerted you...big break on above avg volumes...

 

[anil_s_trivedi]

Nifty:

2015 Closing was at 7946.35

2016 opening 7938.45

2016 closing at ....

Still next week to go, but the pattern as of now is big long doji...The indecisiveness in indian economy...Thats what price is telling as of now...

 

[straightarrow]

Here's today's Reliance NSE 3min chart:

is it typical to have all red candles to left of the crest and all green to the right. if not what is the significance of such price movement

 

[ravi2126]

Anil''ji look on bharatfinance chart using MACD, it looks extreme oversold zone ....also hovering near support zone.

What a run from oversold zone 500 to 600..