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Old 03-09-2009, 09:57 PM
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Originally Posted by Sunil View Post
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 (46academic14.45) is lower than previous day's close (4623.35)

Thanks for explaining very aptly. In that case
Last but one should be GREEN,but in chart
posted by me ,last 3 candles are RED.This is
for academic interest not for argument sake.
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Old 03-09-2009, 10:51 PM
Sunil Sunil is offline
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Originally Posted by columbus View Post
Thanks for explaining very aptly. In that case
Last but one should be GREEN,but in chart
posted by me ,last 3 candles are RED.This is
for academic interest not for argument sake.

we both have same SK, buddy....
2-sept candlestick is missing in SK's chart u have posted
please verify ...
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Old 04-09-2009, 07:05 PM
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For last 15 trading days or so ,the Bollinger Support
Band is at 4350.
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Old 04-09-2009, 07:25 PM
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For last 10 days the Volatility Index is down from
64 to 32.But the average for the month is at 40
versus 37 last month.This could be be due to the
freak value of 62 ,10 days back.
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Old 05-09-2009, 05:42 PM
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Nifty gained 12 times and lost 11 times in last ONE
month.The Average loss is -67 points vs gain of 63
points with overall gain of just ONE point.
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Old 06-09-2009, 02:50 PM
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Nifty performance during last 10 weeks versus
Gainers and Losers as per my calculation.
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Old 07-09-2009, 05:05 PM
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Nifty Future have gained at an average of 68.5 points
(12 days) and lost at an average of -67 (11 days) during
last one month. This is due to -202 point knock we
had 15 days back.But the average gain for the month
is 3.5 points.

Last edited by columbus; 07-09-2009 at 07:03 PM.
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Old 07-09-2009, 05:44 PM
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Bollinger Band Resistance is at 5006 and Support
is at 4362.
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Old 08-09-2009, 06:45 PM
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Bollinger Band Resistance is at 5041 and Support
is at 4366.
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Old 08-09-2009, 07:02 PM
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