BollingerBands

[columbus]

EOD=24.6.11 ................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 momentum of market, mostly.

 

[columbus]

EOD=27.6.11 ................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 momentum of market, mostly.

 

[columbus]

EOD=28.6.11 ................7-month NIFTY chart



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

 

[columbus]

EOD=29.6.11 ................7-month NIFTY chart



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

 

[columbus]

EOD=30.6.11 ................7-month NIFTY chart



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

 

[columbus]

EOD=1.7.11 ................7-month NIFTY chart



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

 

[columbus]

EOD=4.7.11 ................7-month NIFTY chart



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

 

[columbus]

EOD=5.7.11 ................7-month NIFTY chart



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

 

[columbus]

EOD=6.7.11 ................7-month NIFTY chart



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

 

[timepass]

Regarding your comment about nifty touching upper BB, it still is between BB(20,2) and BB(20,1) .. So, I guess we could ride the trend.

Anyway, the bands may contract and the bottom may not remain at 5228