tryin2trade: Nifty Fifty WOW Gains And Relative Strength!!!

Saturday, June 6, 2009

Nifty Fifty WOW Gains And Relative Strength!!!

Week On Week Percentage Gain Chart;

Week On Week Relative Strength Chart;

3 comments:

renu said...: Hi manoj ji,

could you please tell how to read these chart.

Regards
renu; June 8, 2009 at 12:11 PM
Tryin2Trade said...: Renu Hi,

These are just Relative Strength Comparisons of various Stocks as against the index (nifty in this case).

We see what stocks are underperformin and which are overperforming the index. The rule of thumb is when the mkt looks strong we get into stocks with strong RS and if the market looks weak we short stocks showing weak RS!

This one of the earliest post of mine on RS http://tryin2trade.blogspot.com/2008/03/relative-strength-rs.html

Hope that is suffice. Do write back if need further clarification

Regards; June 8, 2009 at 6:16 PM
renu said...: Thanks manoj ji; June 10, 2009 at 2:23 PM

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