Saturday, February 20, 2021

Bottom Fishing

Finally, here..... (Thanks Ms.Sheetal and Sishyan)....

Template have 4 charts

1.  Bottom Fishing.

2.  Intermediate Trend reversals after bottom fishing.

3.  Weekly option reversal points.

4.  Monthly option reversal points.

Today let us post point no.1... Bottom Fishing 

It is coincidence.... our Mr.,Balasubramaniam has visited our office today and we have checked Index and many scripts.... it looks simple and nicely calculated levels... also nicely presented..

When panel color switchover to Green... trend is reversing to from Sell to Buy...

Important point is,  nicely captured "almost near to bottom"..... 

Good work.... 👌👌👌👌

Now... let us check... Script "Sail".... sail initiated buy in 2 places.  1st on 28th August 2019 and 2nd on 27th March 2020.....(panel color changed to green)..

This is the 1st chart of  Template (will post chart 2, 3 and 4 soon)...


Also... we have checked this level with options (switched the chart to hourly candle ), bottom and top reversal looks interesting... both weekly and monthly options... 

Thanks for your valuable inputs and contribution.... 




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