Re: [Technical-Investor] Today's data

 



Chockkalingam,

 

By the same logic, trading lasted only 2 hrs on 18th May last year, the upper circuit day.

 

Should that data be taken?

 

I agree with you that such data will not help as far as volumes is concerned, but the price candles will need to be taken into account.

 

 

AP

 

 

----- Original Message -----

From: chockkalingam n

To: Technical-Investor@yahoogroups.com

Sent: Saturday, February 06, 2010 8:17 PM

Subject: Re: [Technical-Investor] Today's data

 

Thanks JK and AP AP, my point is it is a truncated day with even lower than normal half hour volumes.So, whether today's candle has  the same weight as a full day's candle as far as interpretations are concerned was my doubt. JK  must definitely have some very good reasons to confirm in the affirmative. He has posted a nice chart. Only thing is that I have got a long way to go before I fully understand the kind of charts he posts. Thanks again to both of you. --- On Sat, 6/2/10, Jayakrishnan <jayakrish2001@yahoo.com> wrote: From: Jayakrishnan <jayakrish2001@yahoo.com> Subject: Re: [Technical-Investor] Today's data To: Technical-Investor@yahoogroups.com Date: Saturday, 6 February, 2010, 5:22 PM   "Yes" is my answer. And it assumes an importance, in short term trading point of view, that Fridays close is a place to exit short calls. And today's up confirms that.  I expect the market to go up on Monday also, a small retracement up to a minimum of 4800 levels and from there it might continue its downward journey again. All said and done, opinions are subject to change, you know -without prior notice :-))) Jk. Attached chart is not updated with todays data, but at Fridays close MACD cross over changed the bar into green which was short trade exit point. --- On Sat, 2/6/10, chockkalingamn <chockkalingamn@ yahoo.co. in> wrote: From: chockkalingamn <chockkalingamn@ yahoo.co. in> Subject: [Technical-Investor ] Today's data To: Technical-Investor@ yahoogroups. com Date: Saturday, February 6, 2010, 4:47 PM   Dear All Would like to know whether today's data should be considered for various TA calculations Chockalingam

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