ADX for Explosive Moves

Its not only what to do which plays a important role but also one should know what not to do.

In stronger markets like we saw in the last 2 years the oscillators like Stock and RSI on Higher Time Frames usually get stuck at the above levels.

While the ADX of higher time frames is at its strongest. The oscillators on lower times frames move down wards to give a breathing space to the stock.

While this happens the ADX on weekly is above 30-35 levels and turns a bit down than last week. This is Direction Change which is negative.

This Negative Direction change might be temporary or permanent. But while the higher time frame is still strong and the lower time frames again get moving up you would see the weekly ADX turning up again. A "u" turn up which can be called as a new up which can be Moderate New up or Strong New Up.

Such moves in strong markets can give explosive break outs.

NRB BEARINGS

NRB Bearings will it turn negative?

ELAND

Eland showing strength again

SEPOWER

After a long break my first post of 2016.

SEPOWER

Colgate

Entered on the Volume spike on a 5 min Chart.

17093 booked 100 % and going to sleep

CMP 17115 BOOKED 50 % and SL revised to 17154

Sold Dow Fut @ 17135 SL 17165 target 17075

Sakthi Sugars

NSE Historical Intra Day Database

The life of Charting is having Historical Database for analysis.

I searched for NSE Intraday Data it but found that some how people are not willing to share it for free.

Many people are desperately seeking for this kind of data and new comers cant afford to pay huge prices for software's and data as well.

I have NSE Cash 5 min of over 1000 stocks for the year 2008 2009 and 2010. Am updating 2014.

The gap lies in 2011, 2012 and 2013.

Considering this I have decided to upload as much data as I have with me and some day some Noble person would come our way to fill in this gap and make our database complete.

*NSE = National Stock Exchange, India