nitin_nifty_projection.xls
DESCRIPTION
niftyTRANSCRIPT
OM SAI RAM
OPEN HIGH2nd day 4939.00 4977.00PREVIOUS DAY'S PRICE 4934.00 4957.00
CURR.DAY PROJECTION FOR TODAY
TREND HIGHDOWNTREND NEUTRAL 4949
41.50
4949 4928
POINT TO CLOSE FOR UPTREND 4932.33
POINT TO CLOSE FOR DOWN 4898.67
LOW CLOSE HIGH LOW
4906.00 4929.00 BULLISH 19695 9847.5 4973.50 4890.50
4874.00 4907.00 BEARISH 19612 9806 4932.00 4849.00RANGE 19645 9822.5 4948.50 4865.50
PROJECTION FOR TODAY
LOW4866 24.305 buy above 0
41.504932.70
4907 4866
TREND FINDER WITH THE HELP OF HIGH, LOW & CLOSE PRICE
HIGH LOW CLOSEPREV.PERIOD 4977.00 4906.00 4929.00CURR.PERIOD 4957.00 4874.00 4907.00
INSTRUCTIONS - 1) PLEASE PUT VALUE OF HIGH, LOW & CLOSE VALUE OF PREVIOUS PERIOD & CURRENT PERIOD IN YELLOW BOX.
2) TAKE YOUR OWN DECISION. I AM NOT RESPONSIBLE FOR YOUR LOSS OR PROFIT.
3) PLEASE SHARE YOUR VIEWS & IDEAS TO MAKE BETTER USE OF TREND FINDER.
ALL THE BEST
NITIN POTADE
MAHIM, MUMBAI
http://niftymumbai.blogspot.com/
TREND FINDER WITH THE HELP OF HIGH, LOW & CLOSE PRICE
TREND
DOWNTREND DOWNTREND 0 0
INSTRUCTIONS - 1) PLEASE PUT VALUE OF HIGH, LOW & CLOSE VALUE OF PREVIOUS PERIOD & CURRENT PERIOD IN YELLOW BOX.
2) TAKE YOUR OWN DECISION. I AM NOT RESPONSIBLE FOR YOUR LOSS OR PROFIT.
3) PLEASE SHARE YOUR VIEWS & IDEAS TO MAKE BETTER USE OF TREND FINDER.
0
Yet another pivot point system was developed by Tom DeMark, a famous technical analyst and president of Market Studies, Inc. This system uses the following rules:
CONDITIONS CALCULATIONS
TODAY'S CLOSE < TODAY'S OPEN HIGH + LOW + CLOSE + LOW = X
TODAY'S CLOSE > TODAY'S OPEN HIGH + LOW + CLOSE + HIGH = X
TODAY'S CLOSE = TODAY'S OPEN HIGH + LOW + CLOSE + CLOSE = X
Read more: http://www.investopedia.com/articles/technical/04/041404.asp#ixzz1jPYLwlpO
Yet another pivot point system was developed by Tom DeMark, a famous technical analyst and president of Market Studies, Inc. This system uses the following rules:
TOMMORROW'S PROJECTIONS
HIGH = X/2 - TODAY'S LOWLOW = X/2 - TODAY'S HIGH
HIGH = X/2 - TODAY'S LOWLOW = X/2 - TODAY'S HIGH
HIGH = X/2 - TODAY'S LOWLOW = X/2 - TODAY'S HIGH