dear Mr. padiyara thank you very much for the response as well as the clarifications
ekamber On Sep 27, 9:58 am, padiyara <[EMAIL PROTECTED]> wrote: > Hi EKAM, > Yah I understood. And I am regretful that I was unable to convey the > message properly because of my time check before the maket open that day on > 25 sep, to prepare a long write up about the chart. > Here we go for the details. > The first 3 thick lines GREEN= high, BLACK=close & the RED= low, and other > 3 thin lines plotted in the chart are moving averages of 4 days HIGH, 4 > days CLOSE & 4days LOW, are in LIGHT GREEN, LIGHT RED & WHITE. > As you can see in the chart, if the market moving up the first sign of > weakness can be seen when the high go below the avg high that is marked as > signal1 in the chart. > signal 2 when the close go below the avg close > and final conformation we get when the low go below the avg low. > In the chart I possted on 25 is containing the same at 3 location > and a reversal from the bottom in 2 other location, but here at first the > low will cross above the avg low and so on. But not necessarily in a > volatile market, I observed all crossing in a sudden, > This chart is prepared in excel with an idea of a person nicknamed > KAMOLIKAV in the forum of vfmdirect.com. > I mention the source in the chart thinking that people can google search. > Also I attached a candle stick chrat of the corresponding period along with > the excel chart for comparison and to convey that it is NIFTY > Jacob Padiyara > > > > > > padiyara > > > > --- On Thu, 25/9/08, ekka <[EMAIL PROTECTED]> wrote: > Unable to understand what is sought to be conveyed > hope things or thoughts will be clarified > thanks in anticipation > ekamber > > On Sep 25, 10:10 am, padiyara <[EMAIL PROTECTED]> wrote: too much write up is > hassle some for me and time is less > > Add more friends to your messenger and enjoy! Go > tohttp://in.messenger.yahoo.com/invite/ --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Kences1" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [EMAIL PROTECTED] For more options, visit this group at http://groups.google.com/group/kences1?hl=en -~----------~----~----~----~------~----~------~--~---
