Saturday, May 14, 2011

Desi MO (McClellan's oscillator for NSE) for 13 May 2011


Posted by r m at 9:40 AM

6 comments:

Shai said...

@ Anita,

In response to a comment you had posted earlier, we use the McClellan more for money management than anything else.

A level nearer to -80 tells us that new shorts initiated are more riskier as the market may give sharp reversals in Opp direction.A + 80 on these charts tells us to be careful in initiating new longs.

You would like to refer to :

http://www.vtrender.com/2010/11/mcclellan-readings-2.html

May 14, 2011 at 11:53 AM
Shai said...

V 2 updated with charts

May 14, 2011 at 2:02 PM
r m said...

Thanks Shai!

May 14, 2011 at 3:14 PM
Justin said...

have the market ever gone below -80 for a long time or -80 to -100 is that the final value.

May 15, 2011 at 8:23 AM
Justin said...
This comment has been removed by the author.
May 15, 2011 at 8:24 AM
r m said...

@Justin

MO has gone even below 120 a few times in last couple of years but it quickly bounces back from there.

May 15, 2011 at 9:30 AM

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