My layman has tried to predict something with this nifty chart.
From the chart he finds that, when the market moves up the angle of inclination is curvy around 50 to 60 degrees, and when the fall starts occurring it is very steep.
He drew parallel lines between curves upper side and lower side, and between the falling curves, and no logics he applies. Simple.
Regards
Saivenkat
From the chart he finds that, when the market moves up the angle of inclination is curvy around 50 to 60 degrees, and when the fall starts occurring it is very steep.
He drew parallel lines between curves upper side and lower side, and between the falling curves, and no logics he applies. Simple.
Regards
Saivenkat
I am not chanllenging your Trenlines drawn on Nifty Charts but what is the Gurantee that Nifty will come down to the Levels Predicted by you.
It may be Trendlines, Wolf Waves, Triangles, Double Tops or Double Bottoms, Reversal Bars, Cup & Handle Pattern or any other Technical way, you will just find the examples on Web which had given Excellent Results BUT WHEN YOU ACTUALLY TRADE, YOU WILL NOT GET EVEN ONE TRADE OUT OF TEN TRADES GIVING YOU THE RESULT AS SHOWN ON WEB FOR THESE CHART PATTERNS OR TECHNICAL INDICATORS.
Can any one tell me only one Technical Tool to Predict the market with minimum 65% Success Ratio and Risk 1 / Reward 2 Ratio.
I remember you had called your self as Layman when you had started your this thread and that was enough to prove your worth. I am writing all this with a hope that you may Suggest me some good way to Predict Nifty and Nifty Stocks with minimum 65% Success Ratio and Risk 1 / Reward 2 Ratio.
I request you and all Senior Members to Kindly help me , I would be highly obliged
Regards
Karanm