Tuesday, July 27, 2010

NF Hourly Chart....Hidden Bullish Divergence????

6 comments:

  1. 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.

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  2. "When friends stop being frank and useful to each other, the whole world loses some of its radiance."
    - Anatole Broyard

    have a nice day manoj!

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  6. 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

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