Tag Archives: atr indicator

Catch The Exact Top And Bottom Of The Market With ATR Indicator

Average True Range

Can you catch the exact top or bottom of the market? Do you know there can be a strategy which can tell you on intraday basis that the market has reached an extreme? Suppose you are seeing that Nifty has suddenly fallen for 60 odd points OR say, Crude Oil has risen by 40 points. Do you think that the scrips will go more extreme? If your answer is YES, then you are wrong. Maximum times the market will reverse back from an extreme instead of moving further into the extreme. But how to identify that