Tuesday, July 27, 2010
NF Hourly Chart....Hidden Bullish Divergence????
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Trade Less Trade Smart
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10:59:00 AM
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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.
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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