Friday, 19 August 2016

3 comments:

  1. Sir,
    In Nf chart between marked 8720 & 8600 is range , but u have not considered PDL why? Is PDL not relevant when NF trading in range for 2weeks & above?

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    Replies
    1. Prakash

      These are the broad ranges where the prices have been trading for last few days. This is the way to assess Big Picture. It gives us an idea what the prices are doing.

      DPs are the levels where we look for trade setups but at the same time we need to be aware of what else is going on. So this is just an attempt to know what else is going on.

      I don't like discussions during market hours, today will be the exception. So whatever your query is, raise it after the market hours. During the market hours, just focus on charts.

      URD

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  2. Your charts really helps... thanks for the post ...

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