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Friday, May 8, 2015

Nifty TF 225 Minutes for the Period ending on 8th May 2015

I had been looking at Nifty chart with time frame 75 minutes lately. It covers 30 days of moves with 150 candles. Latest Chart is being shared :


However, last week's moves could not be seen with earlier similar price range with in 150 candles. Here is a broad view , however, with candles exceeding 150, E W Oscillators are not  "appropriate" .


A TF225 minutes cover 3 days moves with 5 candles ; as such a chart of 150 candles cover 90 days with proper  &  "appropriate"  Macd . Chart is being shared (please note that last candle in progress to end at 11:45 Monday ) 
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