Kinnari_Prajapati
Short

As per ATR today's up move is over!

NSE:NIFTY   Nifty 50 Index
As per ATR 124, NIFTY future can not move more than this so calucation with 5% penetraction:

10917 + 124 = 11044 and + %P 6.5
NF future following its ATR.
I have updated today morning ATR and all
Now I’m wondering your account name was something different yesterday. What happened?
Reply
can you please tell me about any back testing results if you have carried ? and what is the ATR period ?? thanks in advance
+2 Reply
Kinnari_Prajapati I-Fund-Trader
@I-Fund-Trader, The ATR is 14 days on daily base candlestick. ATR is not always 100% sure but from ATR we can know the range of stock with 5% penetration. So I generally checked ATR.
Reply
I-Fund-Trader Kinnari_Prajapati
@Kinnari_Prajapati, OK we take account of 20 days ATR Range , both high & Low and we have coded it in our Trading desk software , although we forecast based on our Wave Principal & Fib levels , we do take this as secondary view , thanks
+1 Reply
Kinnari_Prajapati I-Fund-Trader
@I-Fund-Trader, Actually I master of php and and other language too include, Jquery, AJAX and lot. I know also how to fetct live rate and convert in DB. Well, thanks for ATR discussion.
Reply
Looks like you trade more on the short side, I think we could be good friends.
Reply
Kinnari_Prajapati French_Fries
@French_Fries, Yes, I prefer to trade in short side but, i always wait for changing trend with confirmation.
Reply
Are you sure? if not nifty short sellers might protest in New Delhi for a bailout package.
Reply
Kinnari_Prajapati French_Fries
@French_Fries, Yes I am sure but, one thing to think about is that What is exact rate...! I am just waiting for that.
Reply
French_Fries Kinnari_Prajapati
@Kinnari_Prajapati, I noticed a line of people ICICI bank applying for loan, I asked what happened bro they said they shorted nifty yesterday.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out