The Directional Movement Index is also known as DMI. DMI is a momentum indicator . It is calculated using the price. It first compares the current price with the previous price range, and displays the result as an upward movement line (+DI), and a downward movement line (-DI), between 0 and 100. The DMI also helps in calculating the strength of the upward or downward movement, … [Read more...]
Archives for 04/02/2010
Free Stock Tips For 5th February 2010
The Various- Daily Stock Recommendation Given by the various analysts and Stock Brokers are: Bharat Petroleum Corporation Ltd. - Daily stock recommendation 05-02-2010 Source Action Tip Period Target Price (Rs.) Rahul Mohinder Buy, stop loss Rs 575 - 605.00 Canara Bank - Daily stock recommendation 05-02-2010 Source Action Tip Period … [Read more...]
Nifty Levels for 5th February 2010
Please find the correct levels for nifty The Nifty Levels for 5th February 2010 are First Resistance = 4891 First Support =4806 Second Resistance =4942 Second Support =4772 Breakout above = 4976 Break down Below =4721 The above levels are for intraday only For Sure Shot pack and good Gains in Nifty Please visit Nifty Live Charts.com … [Read more...]
Application Of Detrended Price Oscillators
The Detrended Price Oscillator has several uses and interpretations, primarily designed to take advantage of overbought and oversold conditions within part of a large trend: One interpretation is to identify past oversold and overbought conditions in the price chart, and use that as a baseline for what is considered overbought and oversold. For example, let’s say … [Read more...]
Detrended Price Oscillator:Basic Concept
The Detrended Price Oscillator attempts to filter out trend in order to focus on the underlying cycles of price movement. To accomplish this, the moving average (generally 14-period) becomes a straight line and price variation above and below the moving average becomes the Price Oscillator. The Detrended Price Oscillator technical indicator can show overbought or oversold … [Read more...]