Home
Services Offered
Payment Details
My Services
Contact Us
Market Heatmap
Charts
Charts (Premium)
Chart Watch
JCharts (EOD)
JCharts(EOD-COMM)
HCharts (EOD)
HCharts (EOD-COMM)
Forum
Stock Lists
Screener (EOD)
Screener (EOD-Comm)
Breadth Charts
Calculators
Education
Links
FAQs
Search
Advertise Here
Charts (Old)
Login Form





Lost Password?
No account yet? Register
  iCharts Discussions

 FAQFAQ   SearchSearch   MemberlistMemberlist   UsergroupsUsergroups   RegisterRegister 
 ProfileProfile   Log in to check your private messagesLog in to check your private messages   Log inLog in 

Analysing NF using iCharts levels - Aug 2011
Goto page Previous  1, 2, 3 ... 8, 9, 10, 11  Next
 
Post new topic   Reply to topic    iCharts Discussions Forum Index -> Archives
View previous topic :: View next topic  
Author Analysing NF using iCharts levels - Aug 2011
SwingTrader
Site Admin


Joined: 11 Aug 2006
Posts: 2884
Location: Hyderabad, India

Post: #121   PostPosted: Fri Aug 19, 2011 10:09 am    Post subject: Reply with quote

If long, do not stay long below 4870 and surely not below S3.

** sorry, making too many mistakes today Very Happy had posted 4883 instead of 4870 above....corrected it now.

_________________
Srikanth Kurdukar
@SwingTrader
Back to top
View user's profile Send private message
guru.july
White Belt
White Belt


Joined: 13 Jul 2010
Posts: 82

Post: #122   PostPosted: Fri Aug 19, 2011 10:12 am    Post subject: Reply with quote

SwingTrader wrote:
If long, do not stay long below 4870 and surely not below S3.

** sorry, making too many mistakes today Very Happy had posted 4883 instead of 4870 above....corrected it now.


It's okay ST....We are understanding the logic Smile
Back to top
View user's profile Send private message
guru.july
White Belt
White Belt


Joined: 13 Jul 2010
Posts: 82

Post: #123   PostPosted: Fri Aug 19, 2011 10:32 am    Post subject: Reply with quote

Touched 20 EMA and reversed..
Back to top
View user's profile Send private message
guru.july
White Belt
White Belt


Joined: 13 Jul 2010
Posts: 82

Post: #124   PostPosted: Fri Aug 19, 2011 1:22 pm    Post subject: Reply with quote

NF headed towards S4 after touching and reversing from 34 EMA.
Back to top
View user's profile Send private message
SwingTrader
Site Admin


Joined: 11 Aug 2006
Posts: 2884
Location: Hyderabad, India

Post: #125   PostPosted: Mon Aug 22, 2011 9:28 am    Post subject: Reply with quote

NF around BEAR level. Price action around here (upto S1 level) is important, watch for reversal to the upside in this area. Below S1 we may continue down.
_________________
Srikanth Kurdukar
@SwingTrader
Back to top
View user's profile Send private message
guru.july
White Belt
White Belt


Joined: 13 Jul 2010
Posts: 82

Post: #126   PostPosted: Mon Aug 22, 2011 10:01 am    Post subject: Reply with quote

SwingTrader wrote:
NF around BEAR level. Price action around here (upto S1 level) is important, watch for reversal to the upside in this area. Below S1 we may continue down.


Hi ST, What if the NF breaks BULL? Is BULL to R1 a tough resistance?
Back to top
View user's profile Send private message
SwingTrader
Site Admin


Joined: 11 Aug 2006
Posts: 2884
Location: Hyderabad, India

Post: #127   PostPosted: Mon Aug 22, 2011 10:26 am    Post subject: Reply with quote

guru.july wrote:
SwingTrader wrote:
NF around BEAR level. Price action around here (upto S1 level) is important, watch for reversal to the upside in this area. Below S1 we may continue down.


Hi ST, What if the NF breaks BULL? Is BULL to R1 a tough resistance?


BULL-R1 is always a tough sup/res area (same for BEAR-S1, it is also a tough sup/res area).

_________________
Srikanth Kurdukar
@SwingTrader
Back to top
View user's profile Send private message
vinay28
Black Belt
Black Belt


Joined: 24 Dec 2010
Posts: 11748

Post: #128   PostPosted: Mon Aug 22, 2011 12:53 pm    Post subject: Reply with quote

Dear ST

What is the likely error in values of S, R, bull, bear, etc.? Only a couple of points?

Vinay
Back to top
View user's profile Send private message
SwingTrader
Site Admin


Joined: 11 Aug 2006
Posts: 2884
Location: Hyderabad, India

Post: #129   PostPosted: Mon Aug 22, 2011 1:03 pm    Post subject: Reply with quote

vinay28 wrote:
Dear ST

What is the likely error in values of S, R, bull, bear, etc.? Only a couple of points?

Vinay


What error? I did not understand, please explain.

_________________
Srikanth Kurdukar
@SwingTrader
Back to top
View user's profile Send private message
vinay28
Black Belt
Black Belt


Joined: 24 Dec 2010
Posts: 11748

Post: #130   PostPosted: Mon Aug 22, 2011 1:14 pm    Post subject: Reply with quote

e.g. when you say bull level is 4876, what is the range? say 4872 to 4880 or exactly 4876?
Back to top
View user's profile Send private message
SwingTrader
Site Admin


Joined: 11 Aug 2006
Posts: 2884
Location: Hyderabad, India

Post: #131   PostPosted: Mon Aug 22, 2011 1:18 pm    Post subject: Reply with quote

vinay28 wrote:
e.g. when you say bull level is 4876, what is the range? say 4872 to 4880 or exactly 4876?


Whatever number we have given is the where the level is but do not expect the support/resistance itself to be exactly at that level. If we say BULL is 4876.47 it does not mean that bullish move will start exactly at that point or exactly above it...these are the levels around which one can expect probable support/resistance. Example: BULL-to-R1 range is where one can expect significant support or ressitance (depending where the price currently is).

_________________
Srikanth Kurdukar
@SwingTrader
Back to top
View user's profile Send private message
vinay28
Black Belt
Black Belt


Joined: 24 Dec 2010
Posts: 11748

Post: #132   PostPosted: Mon Aug 22, 2011 1:21 pm    Post subject: Reply with quote

Thanks ST
Back to top
View user's profile Send private message
SwingTrader
Site Admin


Joined: 11 Aug 2006
Posts: 2884
Location: Hyderabad, India

Post: #133   PostPosted: Mon Aug 22, 2011 1:55 pm    Post subject: Reply with quote

NF turning down from R1...watch out for a reversal down.
_________________
Srikanth Kurdukar
@SwingTrader
Back to top
View user's profile Send private message
SwingTrader
Site Admin


Joined: 11 Aug 2006
Posts: 2884
Location: Hyderabad, India

Post: #134   PostPosted: Mon Aug 22, 2011 2:03 pm    Post subject: Reply with quote

Clearing R1 is going to be tough but if NF clears it then we can see fast move up to R3.
_________________
Srikanth Kurdukar
@SwingTrader
Back to top
View user's profile Send private message
vinay28
Black Belt
Black Belt


Joined: 24 Dec 2010
Posts: 11748

Post: #135   PostPosted: Tue Aug 23, 2011 8:45 am    Post subject: Reply with quote

Dear ST

What do the S to R values posted on FB and at the bottom of home page stand for?
Vinay
Back to top
View user's profile Send private message
Display posts from previous:   
Post new topic   Reply to topic    iCharts Discussions Forum Index -> Archives All times are GMT + 5.5 Hours
Goto page Previous  1, 2, 3 ... 8, 9, 10, 11  Next
Page 9 of 11

 
Jump to:  
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum
You cannot attach files in this forum
You cannot download files in this forum


Powered by phpBB © 2001, 2005 phpBB Group

@MEMBER OF PROJECT HONEY POT
Spam Harvester Protection Network
provided by Unspam