Daily chart:
Hourly chart:
Showing posts with label Bollinger Bands. Show all posts
Showing posts with label Bollinger Bands. Show all posts
Friday, September 21, 2012
Tuesday, September 18, 2012
Monday, September 17, 2012
Nifty Boillinger Bands for 17-09-2012
Daily chart:
hourly chart:
Observe how beautifully market moves, bands narrow down and then expand. We can correlate them to Elliott wave labeling. This can give confidence to the labeling.
hourly chart:
Observe how beautifully market moves, bands narrow down and then expand. We can correlate them to Elliott wave labeling. This can give confidence to the labeling.
Wednesday, August 29, 2012
Monday, August 27, 2012
Thursday, August 23, 2012
Tuesday, August 21, 2012
Friday, August 17, 2012
Thursday, August 16, 2012
Tuesday, August 14, 2012
Monday, August 13, 2012
Nifty Boillinger Bands for 13-08-2012
Boillinger Band on Daily chart:
Boillinger Band on hourly chart:
Thursday, August 9, 2012
Nifty Boillinge Bands for 09-08-2012
Nifty Boillinger Band on daily chart:
Nifty Boillinger Band on hourly chart:
Wednesday, August 8, 2012
Tuesday, August 7, 2012
Wednesday, August 1, 2012
Tuesday, July 31, 2012
Nifty Boillinger Bands for 31-07-2012
Daily Boillinger Band:
Nifty has moved above the middle point and closed comfortably above it. It may target a minimum of the upper boundary of the Boilinger band which is currently at 5255.44 and rising. Lower boundary is at 5008.22 and middle point is at 5131.83. Middle point may pose support in the case of extreme fluctuations today.
Hourly Boillinger Band:
Whole of the day Nifty stayed comfortably above the middle line and is slightly below the upper boundary which is sharply rising. This may continue for some time too.
Hourly Boillinger Band:
Friday, July 27, 2012
Thursday, July 26, 2012
Tuesday, July 24, 2012
Nifty formed a harami cross at the end of the day 24-07-2012
Nifty seems to have formed the bullish harami cross in the candlestick chart. Also it is at the bottom of the daily Boillinger Band. This might be a trend reversal point. However a white candle tomorrow will confirm it [though confirmation may not be necessary]
The possibilities are that market may open gap up as well.
The possibilities are that market may open gap up as well.
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