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Some Nifty Historical |
RichieRich
White Belt
Joined: 28 Oct 2009
Posts: 8
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Post: #1  Posted: Fri Jul 02, 2010 11:39 am Post subject: Some Nifty Historical |
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I've taken a 10yr Nifty Chart and Tried to Zoom in through 5yr 3yr 2yr 1yr of the same chart. So the Trend Line that appears cutting through the bottom half of the 1yr chart is the extension coming from the previous years beginning 2001.
What Does This Mean? Well... Interpretations Are Welcome. |
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jimmie
Expert
Joined: 13 Aug 2007
Posts: 357
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| Post: #2 Posted: Fri Jul 02, 2010 7:45 pm Post subject: Nifty |
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Just adding one more.. to ur historical collection.. though its a bit current with current resistance n support.. The Oi that has developed in July series also suggests the same support or resistance.. Lets hope for a break out of this first  |
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RichieRich
White Belt
Joined: 28 Oct 2009
Posts: 8
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| Post: #3 Posted: Mon Jul 05, 2010 11:32 pm Post subject: From Historical...To Divergence |
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Check out the divergence developing in the Nifty since September 2009. Is this the month the divergence comes to fruition? Or Will it Come September?
Nervous moments in the market. |
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