nitin_nifty_projection.xls

7
OM SAI RAM OPEN HIGH 2nd day 4939.00 4977.00 PREVIOUS DAY'S PRICE 4934.00 4957.00 CURR.DAY PROJECTION FOR TREND HIGH DOWNTREND NEUTRAL 4949 41.50 4949 4928 POINT TO CLOSE FOR UPTREND 4932.33 POINT TO CLOSE FOR DOWN 4898.67

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Page 1: nitin_nifty_projection.xls

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

Page 2: nitin_nifty_projection.xls

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

Page 3: nitin_nifty_projection.xls

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/

Page 4: nitin_nifty_projection.xls

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.

Page 5: nitin_nifty_projection.xls

0

Page 6: nitin_nifty_projection.xls

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

Page 7: nitin_nifty_projection.xls

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