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52 Week High Low Strategy
#kirubakaranrajendran #TradingIndicators #52WeekHighLow
In this educational video, I explain the Net New Highs (NNH) indicator—one of the most insightful tools to measure market breadth and strength on the NSE (India). By calculating the net difference between stocks making 52-week highs and 52-week lows, NNH helps traders assess the true market sentiment beyond index movements.
Here’s what you’ll learn:
✔️ What Net New Highs (NNH) are and how they’re calculated
✔️ How to use NNH to identify bullish or bearish market conditions
✔️ Why positive NNH signals a strong (bullish) market
✔️ Practical tips for incorporating this indicator into your trading strategy
📈 Try this indicator on TradingView: [https://www.tradingview.com/v/W433ezuL/]
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DISCLAIMER: The content in this video is for educational and informational purposes only. All trading involves significant risk, and you should carefully consider your financial situation before engaging in such activities. The income and backtest results shown are for illustrative purposes and should not be taken as guarantees of future performance. Past performance, including results from backtesting, does not guarantee future success. Trading in securities, options, and derivatives can result in substantial financial loss, and you may lose more than your initial investment. Always conduct your own research or consult with a licensed financial advisor before making any trading decisions.
#kirubakaranrajendran #52WeekHighLow #NetNewHighs #NiftyBreadth #MarketSentiment #TradingIndicators #RuleBasedTrading Telegram - https://t.me/rapitrade
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