iCharts Discussions

apka · Black Belt Joined: 13 Dec 2011 Posts: 6137

Nice, change is decent enough. Its big enough change in the oscillators (long) that hadnt happen till this week. Now to wait for the trending move.

SwingTrader · Posted: Tue Jan 22, 2019 9:09 am Post subject:

NSE Breadth Oscillator as on 21st Jan 2018

Didn't want to see this....I was hoping it would breakout the other way Very Happy

Still...we will have to wait for price also to confirm, at the moment only breadth has gone bad.

rk_a2003 · Black Belt Joined: 21 Jan 2010 Posts: 2734

SwingTrader · Posted: Wed Jan 23, 2019 9:02 am Post subject:

SwingTrader · Posted: Wed Jan 23, 2019 9:11 am Post subject:

NSE Breadth Oscillator as on 22nd Jan 2019

Breadth is deteriorating fast. Medium term breadth below zero now. The only positive thing here is that price is not breaking down. I would have been skeptical if I was using Nifty index in the breadth chart (as only few stocks can hold the index up), since we are using NIFTY500 index, price holding up is a positive.

apka · Black Belt Joined: 13 Dec 2011 Posts: 6137

Curious for yesterday and today's chart.

SwingTrader · Posted: Sat Jan 26, 2019 9:48 am Post subject:

NSE Breadth Oscillator as on 25th Jan 2019

Short term breadth oscillator below -80 and medium term also racing down. Price also is following down. Now I will be looking for both short and medium oscillators bottoming out (and price following up) before taking short-to-medium term positions.

apka · Black Belt Joined: 13 Dec 2011 Posts: 6137

Thats like the biggest movement in long term breadth on the chrt since last year july. Voltile times ahead.

Sun08 · White Belt Joined: 21 Aug 2017 Posts: 478

SwingTrader · Posted: Sun Jan 27, 2019 9:54 am Post subject:

SwingTrader · Posted: Sun Jan 27, 2019 9:57 am Post subject:

SwingTrader · Posted: Tue Jan 29, 2019 9:06 am Post subject:

NSE Breadth Oscillator as on 28th Jan 2019

Short and medium term oscillators near bottom, still a bit more to go. Long term oscillator has taken a big hit. It looks a bit ugly at the moment.

Sun08 · White Belt Joined: 21 Aug 2017 Posts: 478

coming close to oct '18 scenario?

SwingTrader · Posted: Wed Jan 30, 2019 8:27 pm Post subject:

SwingTrader · Posted: Wed Jan 30, 2019 8:39 pm Post subject:

NSE Breadth Oscillator as on 30th JAN 2019

Short term breadth at the bottom and medium term below -80, so breadth is bad and getting to lower extreme. A short term bounce could be coming unless the internals are so bad that market will just continue down. Last year Sep-Oct, when short term breadth fell to the bottom and medium term was heading down and was below -80 (like current scenario), CNX500 went down further 8-9% before bottoming (and it took a month after this point for the final low to form before it started the rally). So now the ball is in price's court. Until price talks, nothing is final.