postmortem analysis of LUPIN 8 % fall today
caution :suggested idea is a generic idea .There are variations to this analysis and more indicators have to be applied to precisley time the events
i have used 100-50 MACD along with 3-6 MACD as indicators to time the events
i have ignored 12-26 MACD to make it less confusing
Rule 1
when 100-50 MACD is above signal line , every dip(towards zero line) in 3-6 MACD will be bought into
we can expect significant up move whenever price is bouncing from EMA support
Rule 2
when 100-50 MACD line is below its signal line, every rise in 3-6 MACD (above its signal line or zero) is sold into
we can expect the prices to stay RANGE BOUND or FALL
1.when to buy based on these 2 MACDs
wait for 100-50 MACD to cross its signal line and sustain for atleast 3 days .buy a stock when 100-50 is above signal line and 3-6 is near zero line and when price is bouncing from EMAs.there should be no price MACD divergence
2.When to avoid buying
when 100-50 MACD is below signal line , the stock is unlikely to give signifcant up move
todays LUPIN fall - 100-50 MACD was negative . so we could have been cautious .
i have used 100-50 MACD along with 3-6 MACD as indicators to time the events
i have ignored 12-26 MACD to make it less confusing
Rule 1
when 100-50 MACD is above signal line , every dip(towards zero line) in 3-6 MACD will be bought into
we can expect significant up move whenever price is bouncing from EMA support
Rule 2
when 100-50 MACD line is below its signal line, every rise in 3-6 MACD (above its signal line or zero) is sold into
we can expect the prices to stay RANGE BOUND or FALL
1.when to buy based on these 2 MACDs
wait for 100-50 MACD to cross its signal line and sustain for atleast 3 days .buy a stock when 100-50 is above signal line and 3-6 is near zero line and when price is bouncing from EMAs.there should be no price MACD divergence
2.When to avoid buying
when 100-50 MACD is below signal line , the stock is unlikely to give signifcant up move
todays LUPIN fall - 100-50 MACD was negative . so we could have been cautious .
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.