***This blog is the only blog/website where you will find the AmiBroker AFL Code Writing tutorials.
***In the Learning Zone, you will find lots of tutorials on Share Chart Reading, Chart Analysis, Money Management Policy, etc.
***We will also discuss the Dhaka Stock Exchange (DSE).
Saturday, October 29, 2011
Case Study of Bank Sector
Please look at the below chart of Bank Sector :
(Pls. click on the image to enlarge)
This time, will bank be able to give support to DSE General Index? Volume is also increasing. Index needs support from this Index Mover. by JC
Bro, it is about the bank-sector data. In your chart it looks to have forming a flag pattern after 23rd Oct. In Stockbangladesh sector chart on banks, trade pattern on 23rd looks totally different. Thanks for your attention.
I've checked my data again. If you have another version, pls. share it. Would you pls. share the chart of Stock Bangladesh also. I'm a sharing the bank sector chart of Stock Bangladesh. Link is http://www.mediafire.com/imgbnc.php/6750c01b90558de7da52542e35b90b049b006baae3aba28e9756ffc81549964d6g.jpg Not only the 23rd October, 2011, I did not understand their total sector chart. Thanks for informing regarding the flag pattern.
You have given a invalid link. I've tried several times to go to your link but failed. Would you please check your given link. BTW, I don't use Profita. Thanks.
Bro, I am very sorry. I am not so familiar with this kind of stuffs. Please try this: http://www.mediafire.com/?2ih54giy37ay3e1 Thanks for your patience.
Now, understood regarding your confusion. Actually, Profita used Candlestick technique to show the price. I used Heikin-Ashi technique. To know Heikin-Ashi pls. visit the link : http://www.investopedia.com/articles/technical/04/092204.asp#axzz1ctO2Ztmp
please check the open-close-high-low data of 23rd October. It does not match with the chart published on stockbangladesh.
ReplyDeletePlease make it specific and tell me the share name. I've downloaded the data from www.dsebd.org
ReplyDeleteBro, it is about the bank-sector data. In your chart it looks to have forming a flag pattern after 23rd Oct. In Stockbangladesh sector chart on banks, trade pattern on 23rd looks totally different. Thanks for your attention.
ReplyDeleteI've checked my data again. If you have another version, pls. share it. Would you pls. share the chart of Stock Bangladesh also. I'm a sharing the bank sector chart of Stock Bangladesh. Link is http://www.mediafire.com/imgbnc.php/6750c01b90558de7da52542e35b90b049b006baae3aba28e9756ffc81549964d6g.jpg
ReplyDeleteNot only the 23rd October, 2011, I did not understand their total sector chart. Thanks for informing regarding the flag pattern.
You may please look into the Profita chart:
ReplyDeletehttp://www.mediafire.com/myfiles.php?r=wtwuv
You have given a invalid link. I've tried several times to go to your link but failed. Would you please check your given link. BTW, I don't use Profita. Thanks.
ReplyDeleteBro, I am very sorry. I am not so familiar with this kind of stuffs. Please try this:
ReplyDeletehttp://www.mediafire.com/?2ih54giy37ay3e1
Thanks for your patience.
Now, understood regarding your confusion. Actually, Profita used Candlestick technique to show the price. I used Heikin-Ashi technique. To know Heikin-Ashi pls. visit the link : http://www.investopedia.com/articles/technical/04/092204.asp#axzz1ctO2Ztmp
ReplyDelete