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02-09-2009, 06:04 PM
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 This is Bollinger (12,2) in contrast to default Bollinger (20,2). Last edited by columbus; 02-09-2009 at 06:19 PM.     
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02-09-2009, 06:18 PM
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So a move below the avg cud test the lower band
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History does not repeat itself, but rather man is prone to make the same mistakes repeatedly! !  
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03-09-2009, 08:58 AM
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Also refer "Gimme bar" concept explained in detail by Rajendra... LINK
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03-09-2009, 06:19 PM
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 Abhi tak avg break nahi kiya ?
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03-09-2009, 06:22 PM
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Darpoke avg.  Dar ke bhaag raha hai  
__________________
History does not repeat itself, but rather man is prone to make the same mistakes repeatedly! !
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03-09-2009, 06:26 PM
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__________________
Line Baba ki Jai Ho !!!
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03-09-2009, 06:32 PM
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Nifty has been losing for 4 days in a row and in Candlestick chart accordingly last 4 candles should be RED but only 3 red candles are there.I think data is not updated in TT software.
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03-09-2009, 09:21 PM
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A candlestick will be red only if CLOSE is less than OPEN price. Although Nifty Future has been closing in red since last 4 days (ie current close is lower than previous close), on 2-Sept, Nifty Future opened at 4585.10 and closed at 4614.45. Hence, that day's candlestick will appear in Green, even though the close (4614.45) is lower than previous day's close (4623.35) 
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