Saturday, June 6, 2009

Nifty Fifty WOW Gains And Relative Strength!!!

Week On Week Percentage Gain Chart;





Week On Week Relative Strength Chart;





I'm reading: Nifty Fifty WOW Gains And Relative Strength!!!Tweet this! Posted by Trade Less Trade Smart at 10:46:00 AM

3 comments:

  1. renuJune 8, 2009 at 12:11 PM

    Hi manoj ji,

    could you please tell how to read these chart.

    Regards
    renu

    ReplyDelete
  2. Tryin2TradeJune 8, 2009 at 6:16 PM

    Renu Hi,

    These are just Relative Strength Comparisons of various Stocks as against the index (nifty in this case).

    We see what stocks are underperformin and which are overperforming the index. The rule of thumb is when the mkt looks strong we get into stocks with strong RS and if the market looks weak we short stocks showing weak RS!

    This one of the earliest post of mine on RS http://tryin2trade.blogspot.com/2008/03/relative-strength-rs.html

    Hope that is suffice. Do write back if need further clarification

    Regards

    ReplyDelete
  3. renuJune 10, 2009 at 2:23 PM

    Thanks manoj ji

    ReplyDelete

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