isn't divergence more reliable on long term chart rather than short term- what are yearly, monthly & weekly chart's indicating? How abt the rising wedge in daily chart, would be happy if could throw more insight to this. Thank U.
Hi with nifty intra day range being 30-40, IV being @historical low identifying trade setup ent/tgt/sl and manage risk/reward,, the divergence works to T. But is all the effort worth it, rather one should identify logical stocks trade on higher time frame where all the action transpires. regards
Trading is nothing short of speculation and people who treat it as intelligent speculation have a fair chance of doing well.The posts in this blog are nothing but notes I am making for myself. I welcome serious discussion on TA from like minded people and willing to share whatever little knowledge I have of TA. Nothing on this site should ever be interpreted as advice, research or an invitation to buy or sell any securities.
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isn't divergence more reliable on long term chart rather than short term- what are yearly, monthly & weekly chart's indicating? How abt the rising wedge in daily chart, would be happy if could throw more insight to this. Thank U.
ReplyDelete"When friends stop being frank and useful to each other, the whole world loses some of its radiance."
ReplyDelete- Anatole Broyard
have a nice day manoj!
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ReplyDeletewith nifty intra day range being 30-40, IV being @historical low identifying trade setup ent/tgt/sl and manage risk/reward,, the divergence works to T. But is all the effort worth it, rather one should identify logical stocks trade on higher time frame where all the action transpires.
regards