iCharts Discussions

[falcon]

Dear Chirag,

From 10th row, you got additional four columns. How to calculate those values? Would you please explain?

Regards
falcon

[dine]

Hello Chirag,

But the formulas are missing in your attachment and I could see only the calculated values..

Thanks

[chiragbvyas]

R R Sir,

pls refer to raw number 348 and 349 in my attached file, all the values are same in d,e,f,g columns

see the trend from the row 350 . the "f" column value never broken and it risen up to 353

[chiragbvyas]

even in the row 355 it made low of 310.5 and in the row 348 349 the low is 308.41 that is not broken.

[akxsat]

[chiragbvyas]

see also the row 320 321 values are 375.81 372.36 368.91

it failed to close above that value and punished up to 298.55 row number 342

without takin our stoploss

is it clear ?

[rameshraja]

Mr Chirag

OK.. Give your formula and explain how to interpret and takeup trades based on these figures.

[chiragbvyas]

Dear Ramesh Raja Sir,

The formula is......

in the column D 10 write down

=sum(c1:c10)/10 (this is middle line between upper and lower band)

in the column e10 write down

=d10+(1*stdev(c1:c10)) (this is our upper band)

in the column f10 write down

=d10-(1*stdev(c1:c10)) (this our lower band)


if you want standard BB with values 20(2) use 2*stdev in both the places where we have written 1*stdev

now how to use it....

wait to get nearby values in two continuous rows in columns d e f g

then note down values of that rows a b c d e f g if it acts as resistence go short and if it act as support go long. i have given both the examples in previous post

understand it use it and earn from it.

Regards

Chirag B.Vyas

[chiragbvyas]

seven days back in the spot nifty chart the values were 4966.27 4908.13 4849.99 next day nifty low was 4886.15 the after next day low was 5007.75 and upper band value was 4982 so for the stop of 25 point and nifty start rising and todays high is 5146.2 and our stop is 5031.18

hope it is clear

chirag

[rameshraja]

Mr Chirag

Can you post the worksheet for Nifty to understand clearly.

[chiragbvyas]

one more style to play the break outs is mark the lowest value in the column "g" and write down the values in the columns a b and c surely it will act as supp or resi. from the very next day.

whenever u see lowest value in g column be prepared next day morning to take swing trade.

Regards

Chirag

[dine]

[MILANCHN]

ur post on nifty is confusing- ..if u culd pls explaing tht

[chiragbvyas]

R R sir,

here it is for you

[chiragbvyas]

Dear Dine,

in yes bank example see row number 357 in columns a b c watch the values and see the impact see also row number 321

regards

chirag