BollingerBands

[columbus]

EOD=3.6.11 ................7-month NIFTY chart



Basically there are 2 lines in chart , 20-SMA in (WHITE+GREY) colours and
10-ema in VIOLET colour.In bullish conditions 20SMA will in White colour and
bearish condition it will be in Grey colour.Violet colour line decides the mometum of market, mostly.

 

[timepass]

Bearish engulfing candle today ??

 

[columbus]

Bearish engulfing candle today ??

Source:INTERNET

 

[columbus]

EOD=6.6.11 ................7-month NIFTY chart



Basically there are 2 lines in chart , 20-SMA in (WHITE+GREY) colours and
10-ema in VIOLET colour.In bullish conditions 20SMA will in White colour and
bearish condition it will be in Grey colour.Violet colour line decides the mometum of market, mostly.

 

[columbus]

EOD=7.6.11 ................7-month NIFTY chart



Basically there are 2 lines in chart , 20-SMA in (WHITE+GREY) colours and
10-ema in VIOLET colour.In bullish conditions 20SMA will in White colour and
bearish condition it will be in Grey colour.Violet colour line decides the mometum of market, mostly.

 

[columbus]

EOD=8.6.11 ................7-month NIFTY chart



Basically there are 2 lines in chart , 20-SMA in (WHITE+GREY) colours and
10-ema in VIOLET colour.In bullish conditions 20SMA will in White colour and
bearish condition it will be in Grey colour.Violet colour line decides the mometum of market, mostly.

 

[timepass]

Today's candle, is it making a bearish Harami ?

 

[columbus]

EOD=9.6.11 ................7-month NIFTY chart



Basically there are 2 lines in chart , 20-SMA in (WHITE+GREY) colours
and 10-ema in VIOLET colour.In bullish conditions 20SMA will in White
colour and bearish condition it will be in Grey colour.Violet colour line
decides the mometum of market, mostly.

 

[columbus]

EOD=10.6.11 ................7-month NIFTY chart



Basically there are 2 lines in chart , 20-SMA in (WHITE+GREY) colours
and 10-ema in VIOLET colour.In bullish conditions 20SMA will in White
colour and bearish condition it will be in Grey colour.Violet colour line
decides the mometum of market, mostly.

 

[Bobby@]

Good Article