Sunday, May 20, 2012

Technical Analysis for Nifty

Charts for Analytical Insight and Trading ahead :

1. Monthly :

2. Weekly :

3. Daily :

4. Hourly :



San said...

Nice charts AAR VEE

Dharmendra said...

Excellent analysis as always

shivanGupta said...

you said MACD below zero so bounce if comes will be corrective one......after reading this i checked nifty hourly charts ,whenever there is correction in nifty almost all time MACD is below zero so how to know whether the bounce is corrective or impulsive.

saurabh said...

Sir, excellent analysis.. Will try n remember the levels n trade accordingly..

AAR VEE said...

Thanks SAN

Thanls MD Dharmendra

Thanks Saurabh ,Hope it helps.

Shivan Gupta ,

MACD is a Trend following indicator (also lagging) and till the averages move above the zero mark the Trend change is not considered in that TF. Take the price level mentioned into consideration while trading with a view of macd above/ below 0 mark.Only price invalidations of subwaves can let u know whether its impulsive or corrective. Here I meant to caution readers not to jump for a reversal trade till macd settles above 0 else follow the prevailing trend.

Kumar Technicals said...

Dear RV!

Very good analysis as always, keep continue good work.



AAR VEE said...

Thanks Kumarji ,


Anonymous said...

good work with grace as always

god bless you

shaggy boo

AAR VEE said...

Thanks Shaggy Boo