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 NKStock Talk inspired Long term Investment with HM system for my own reference with monthly and weekly charts - As Per NK Sir, Stock price should be above 5 SMA in monthly chart and above 20 SMA in weekly chart with HM system comparative charts (Monthly and weekly) charts of Index and Stocks- Random times- Tried to se HM buy signal with RED line below and BLACK and BLUE line above RED LINE- trying to find the red line above 40 RSI straight and below 50 RSI straight-line.

RSI-Strength-BLACK-9

WMA-VOLUME- RED-21

EMA- PRICE-GREEN-3 and 

VWAP is used for Intra-day in 1 hr to 30 min charts.

 

Price always follow the HIGHER TIME FRAME-

if there is a buy signal in higher time frame, 

Than there will be BUY SIGNAL in lower time frame ALSO.

For  INVESTMENTS CHECK WEEKLY AND MONTHLY CHARTS,

MORE THE DISTANCE BETWEEN Volume(RED)and Strength(RSI-Black line)More will be the movement in PRICE.-Steep move in Black line from Red line

When the Red line is on Top-It means volume is more and there will be Fall in Price

Now lets check in monthly and weekly charts  -----------

 

 

 

 

 

 

 

 

 

 

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