Home » Nifty Technicals
Nifty Positional Longs/Shorts Charts
17 November 2008
578 views
One Comment
USED Moving Average Crossovers : 1030min EMA & 70 min EMA
Charts Used : 5 day Charts, 5 min Bars
Go Long Rules
If The faster line (red ) goes above the green – > Close shorts & immediately go long.
Go Short Rules
The faster line (red ) goes below the green – > Close longs & immediately go short.
No other Indicators Needed… Works Well Especially in Volatile Times
Stop Loss
An initial acceptable range for the stop depending on your comfort level can be put. As the Nifty moves in your direction , immediately put the the stop at the purchase price + brokerage as soon as possible.
Random Posts
- Rupee and Sensex
Nifty CMP : 4352Charts Showing Comparision of Sensex Vs USDINR Charts and the 20 day EMACrossover indicates a buy/sell signal. And this charts explain how forex markets are related to Indian Stock Markets. I don't know how to explain si... - NSE Tracker – Yahoo RT Charts Update
3min EMA has been removed from the charts as newer plain yahoo charts supports only 4 EMA parameters
at any instant. As 3min EMA is almost equal to the price of the candle i feel that it could be removed from NSETRACKER. And soon 3min EMA will be re... - Dow Testing 20 day EMA – Resistance
Dow runnup more from the lows what next reversal??? About Nifty Iam little confused myself now with nifty.... Tommrow US market is off (Thanksgivning day)... Boss is leave tommorow.... So what, Nifty may play the upside or else once aga... - Reconstucting Elliot Wave Count for Nifty
Nifty Breaks the resistance 2724 levels and tested 2800 levels. So Iam reconsructing the Short Term Elliot Wave Count structue. As a 5 wave structure is not possible as Simple Elliot Rules are broken as mentioned in my last post5EMA EOD support at 26... - 6K,5K,4K now nifty will be 3K
Nifty CMP : 4191 -RBI Interest rate hikes -US Housing sales record slide -High Crude Oil Prices -High Inflation @ 11% All these factors says that will be seeing atlease 3900 in Nifty by this week ...
Written by:
Rajandran R
Loading ...
[...] Readings Nifty Positional Longs/Shorts Charts – 17 Nov 2008 Source: [...]