Just thought of sharing a thing....which was sent by one of our friends.....!
This was published in 3rd August..... Right after the next post of our famous July expiry 8666 post.. in which you mentioned NIFTY will revolve around 8666 for a while.....!
It was sincerely asked - how do I go on the calculation part.....
how it is made on pin-point accuracy... that too on every possible occasion...?
Expecting the mid term range of 8538 on lower side & 8787 on higher side...!
Yesterday (29th Aug) low made was 8543.75 .......... High 8622.00 & Close 8607.45
& Today (31st Aug ) low was 8754.05 ...... High 8819.20 & Closing made at 8786.20......(!!!)
My Answer is of course known to all of you..... Its just a fluke one more time....! OK, Jokes apart....!
It's possible , to any one - who breaths on the market....!
Sincere efforts and dedication can lead to any one become a master...!
For me, it was one of the costliest lessons - huge loss on money part by trying various methods with not giving up mentality - but gain on some priceless - precious - Tech analysis method....!
On this particular range prediction - Well, It's a kind of success - once more for my technical indicators...! I am quiet amused ...!
When I worked on this tech. indicators concept - I never thought that the input methods, would work this much better....!
But ... who can forget the horrible range bound movement for the last one huge month....! Uff.....!
After a long time, I felt the pinch - this was needed one - in fact - to sharpen my skills further...!
Still, long way to go on my friend...!
Over to ..... Flash back....!
Wednesday, 3 August 2016
Nifty's trend (03rd Aug,2016)
Dear Friends, Good morning
Today again, we are going to witness a news based movement.....!
Indicators signal the range of 200 points plus width for today and tomorrow...!
For a short term range - Range is aligned for 8538 on lower side & 8787 on higher side....!
Wish you all to have a fascinating trading day...!
With kind regards,