iCharts Discussions

SwingTrader · Posted: Fri Feb 01, 2019 9:29 am Post subject:

NSE Breadth Oscillator as on 31st Jan 2019

SwingTrader · Posted: Wed Feb 06, 2019 9:19 am Post subject:

NSE Breadth Oscillator as on 5th FEB 2019

Breadth continues to be bad. No strong turn in short term breadth yet, so short term up move does not seem to have started yet. A short term move up is expected but currently there is no strength seen. All oscillators below -80, caution is necessary.

SwingTrader · Posted: Wed Feb 06, 2019 8:14 pm Post subject:

NSE Breadth Oscillator as on 6th Feb 2019

Indexes have rallied but the breadth is NOT impressive. We will need to watch closely and see if we get a solid day with broad breadth support. Currently that is absent.

SwingTrader · Posted: Thu Feb 07, 2019 9:38 pm Post subject:

NSE Breadth Oscillator as on 7th FEB 2019

A little bit of decent breadth today, short term oscillator moved up nicely. NIFTY500 will have to clear highs for me to get any kind of confidence. Nifty has cleared the resistance at 11,000 but it is being moved by a handful of stocks (NIFTY100 and NIFTY200 are still below recent highs). If NIFTY500 breaks out and clears recent highs then I will be more comfortable.

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

market breadth has just started improving and must sustain. I feel mid and small caps have been accompanied by buying over some time.

SwingTrader · Posted: Fri Feb 08, 2019 9:22 am Post subject:

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

SwingTrader · Posted: Tue Feb 12, 2019 7:13 pm Post subject:

SwingTrader · Posted: Tue Feb 12, 2019 7:16 pm Post subject:

NSE Breadth Oscillator as on 12th FEB 2019

Breadth continues to be poor. Short term breadth looked like bottoming out but did not follow through. Price too has not confirmed a move up. So wait and watch mode....

SwingTrader · Posted: Tue Feb 12, 2019 7:23 pm Post subject:

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

OK, tks ST

SwingTrader · Posted: Fri Feb 15, 2019 8:47 am Post subject:

NSE Breadth Oscillator as on 14th Feb 2019

All breadth oscillators along with price continue to trend down. As previous lows on breadth oscillators suggest (Sep/Oct 2018), this can continue like this for a while. So predicting anything is not useful. We will just have to wait for breadth & price to bottom out.

SwingTrader · Posted: Thu Feb 21, 2019 8:57 am Post subject:

NSE Market Breadth as on 20th FEB 2019

Beadth was positive yesterday, short term oscillator too shot up strongly. But given the state of medium and long term oscillators, I will wait to see how strong this move up really is (for positional and long term timeframes). Unless we can see market breaking out above Dec highs (CNX500) on good volume, I can see how market can rally sustainably.

SwingTrader · Posted: Fri Feb 22, 2019 9:10 pm Post subject:

NSE Breadth Oscillator as on 22nd FEB 2019

Short term breadth has shot up fast but internediate term and long term aren't budging. So as of now this just looks like a breather before a push down.

SwingTrader · Posted: Wed Feb 27, 2019 9:09 am Post subject:

NSE Breadth Oscillator as on 26th FEB 2019

No improvement in medium and long term breadth. Short term breath at the top. Stalemate continues. We would need medium term breadth to improve significantly during the next round turn (down below zero then back up) of short term breadth. This is necessary for a decent rally. Until then it is sideways to down.