Nifty: The big picture
Nifty Daily: Fractal behaviour and Stochastic Indicator :
Of late Nifty rises for 8 to 10 days easily before giving up.Such fractal behaviour has been highlighted.So the current uptrend, which is only 6 days, has some more steam left!
Stochastic Indicator: Nifty seems to top out only when the Stochastic Indicator has hit a top and starts declining.Currently Stochastic Indicator has not crossed downwards yet.
Nifty 30 min:
Suresh sir , thanks for the clarification ..could you add more about Astro based analysis if time permits .. It helps a lot to analyse my little knowledge and instill confidence
ReplyDeleteAvLeon,Iam posting my observations from an Astro point. What exactly is your requirement? It is better to use Astro for positional trading rather than day trading.Also use it in combination with technicals.
ReplyDeleteRegards
Suresh