This blog attempts to analyze movement of Nifty through the age-old Point & Figure method.
Weekly chart would imply the movement of Nifty for the weeks to come and not necessarily the immediate next week. Same is true for other time frame charts. As price action unfolds every week the charts speak for due course of action.
DISCLAIMER: NOTHING IN THIS BLOG SHOULD BE TAKEN AS TRADE ADVICE
Thanks a lot for your efforts. It would make a good Stop and Reverse area too. I have some data on midpoint averages. I will plot a chart out of it and post coming week in OJN2. If time permits you can add notes to it, which i will post it as an addition into the main post.
Rajib, hi,
ReplyDeletehappened to check the mail only today,
and was glad to find the notes and charts on midpoint.
I have posted it now as a separate post of yours at OJN 2.
http://o-j-n.blogspot.com/2010/12/rajib-notes-on-midpoint.html
Thanks a lot for your efforts.
It would make a good Stop and Reverse area too.
I have some data on midpoint averages.
I will plot a chart out of it and post coming week in OJN2.
If time permits you can add notes to it, which i will post it as an addition into the main post.
Have a good trading.
:)
Thanks mo k.
ReplyDeleteSure, your charts are always full of information. I shall try to put my little knowledge to it.
Hi Rajib,
ReplyDeleteWish You and Family a Very Happy and Prosperous New Year!
Have a good year, Rajib.:)
ReplyDeletemo k
ReplyDeleteWish you the same ... let there be peace and prosperity!
Yoda
Thanks ma'am ... wish you also the same ... :)