Tuesday, June 30, 2009

NF 5 Mins Intraday...The Complete Picture!!!

6 comments:

  1. Fantastic analysis sir.Whats the period of blue moving average line sir?Whether its simple Ma or Exponential Ma.

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  2. Vignesh Hi

    Blue is 20 EMA and Red is 50 EMA

    and thnks for those words of appreciation.

    I have always believed that one should study charts and annotate them...it gives you practice and it also clears your PERSPECTIVE!

    Cheers

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  3. Hi Manoj, I remember last time (few days back) you posted about the importance of 4350. To-day i squared of my shorts at this level.

    Some how, below this i was a little bit skeptical going short once again from this - A little bit afraid - and alas i missed the bus.

    I am very much notorious in missing opportunities like this. Still i have a long way to go to sharpen my skills.

    Anyway, thanks in deed for your efforts to show us the way & probabilities.

    Regards

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  4. Hi Manoj,

    very good analaysis, looking at the chart i never thought about flag formation you pointed out.
    Thanks

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  5. Sweety Hi

    Dont worry we all are notorious for missing out on opportunities. I have been doing it too!

    4350 was a neckline and I expected it to provide support which it did for a few moments. In fact I had myself gone long there yesterday (long at 4354!)but was stopped out at 4335!

    Na and I didn't go short after that just called it quits for the day!

    Cheers!

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  6. Renu Hi,

    Thanks for the words of appreciation and I am glad to have you here!

    Cheers!

    ReplyDelete