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22nd April, 2011

Higher time frames on Current Chart.

Gulshan needs some help, "If I am using 34 period wma on hourly bar then converting into 1 minute bar, periods becomes 2040 and again converting into 5 min bar

21st April, 2011

The Anti – A swing trading pattern.

The Anti is a price/indicator setup popularised by Linda Raschke and Larry Connors in their book,  Streetsmarts. The pattern dentifies a small pullback after an impulse, trending move. The pullback

20th April, 2011

What is a trading range?

When prices are bound by two well identified levels, it is a trading range. For the Nifty, we have seen repeated attempts to cross 90. So far,that level has acted

18th April, 2011

A breakout and a Pause.

On Tuesday, April 17, the Nifty closed at 5300 approx, which was the top of the range between 5200 - 5300. The day saw a sharp rally from 5220 lows,

7th April, 2011

ITC – Are new highs bullish ?

ITC, the largest tobacco company in India, is currently trading at life time highs. --> In October 2010, the stock made a high of 181.80 which was the highest so