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Nifty analysis - Welgro corner |
welgro
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Joined: 24 Sep 2012
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Post: #31  Posted: Wed Jun 04, 2014 4:49 pm Post subject: |
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welgro
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| Post: #32 Posted: Wed Jun 04, 2014 10:22 pm Post subject: |
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paa
White Belt
Joined: 28 Sep 2010
Posts: 178
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| Post: #33 Posted: Thu Jun 05, 2014 8:51 am Post subject: |
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Dear Welgro
Thanks for this thread. This is good learning for new traders like me.
Please keep updating and never stop this thread.    
Thanks & Regards
Parmod |
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welgro
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| Post: #34 Posted: Thu Jun 05, 2014 12:01 pm Post subject: |
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Last edited by welgro on Thu Jun 05, 2014 2:10 pm; edited 1 time in total |
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welgro
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| Post: #35 Posted: Thu Jun 05, 2014 1:58 pm Post subject: |
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welgro
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| Post: #36 Posted: Thu Jun 05, 2014 2:20 pm Post subject: |
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welgro
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| Post: #37 Posted: Thu Jun 05, 2014 7:13 pm Post subject: |
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vinay28
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Joined: 24 Dec 2010
Posts: 11748
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| Post: #38 Posted: Thu Jun 05, 2014 7:41 pm Post subject: |
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| welgro, for nifty hourly chart, you have drawn APF median from the low of 16/5 and not the one just before 16/5. is it correct? If you draw from the earlier low, the resistance zone comes to around 7520-45. It's a different issue that after ECB decision today, nifty may open above that too. |
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welgro
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Joined: 24 Sep 2012
Posts: 1784
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| Post: #39 Posted: Thu Jun 05, 2014 8:39 pm Post subject: |
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| vinay28 wrote: | | welgro, for nifty hourly chart, you have drawn APF median from the low of 16/5 and not the one just before 16/5. is it correct? If you draw from the earlier low, the resistance zone comes to around 7520-45. It's a different issue that after ECB decision today, nifty may open above that too. |
Dear vinay ,
i am not take point 1 is 15/06th low because if i take point 1 in 15/06th low means point 2 will be 16/05 high.
Asper my view 15/06th low is not correct for point1. |
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vinay28
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Joined: 24 Dec 2010
Posts: 11748
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| Post: #40 Posted: Thu Jun 05, 2014 9:14 pm Post subject: |
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| welgro wrote: | | vinay28 wrote: | | welgro, for nifty hourly chart, you have drawn APF median from the low of 16/5 and not the one just before 16/5. is it correct? If you draw from the earlier low, the resistance zone comes to around 7520-45. It's a different issue that after ECB decision today, nifty may open above that too. |
Dear vinay ,
i am not take point 1 is 15/06th low because if i take point 1 in 15/06th low means point 2 will be 16/05 high.
Asper my view 15/06th low is not correct for point1. |
ok thanks welgro |
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welgro
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| Post: #41 Posted: Thu Jun 05, 2014 9:30 pm Post subject: |
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welgro
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| Post: #42 Posted: Fri Jun 06, 2014 10:12 am Post subject: |
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welgro
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| Post: #43 Posted: Fri Jun 06, 2014 11:40 am Post subject: |
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pipstocks
White Belt
Joined: 02 Jan 2009
Posts: 29
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| Post: #44 Posted: Fri Jun 06, 2014 11:57 am Post subject: |
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WELGROsir.......
Very informative thread....
plz continue ..... |
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welgro
Brown Belt
Joined: 24 Sep 2012
Posts: 1784
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| Post: #45 Posted: Fri Jun 06, 2014 1:49 pm Post subject: |
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