As Trading Week is likely to end its good to look at weekly 5 EMA charts
Weekly 5 EMA chart points to the support zone of 4937. Nifty could give a fresh weekly sell signal if nifty closes below 4937
Related Readings and Observations
Be cautious at these levels: Rakesh Jhunjhunwala Trader and investor Rakesh Jhunjhunwala said the space and speed of the rally has surprised everyone. He is a bit circumspect at these levels because credit conditions in America are not […]![[Premium] : How to Spot High Probability Trade Setups using Market Profile – [Part 2]](https://i2.wp.com/www.marketcalls.in/wp-content/uploads/2018/06/nq_09-18__30_min___28_06_18.jpg?resize=150%2C150&ssl=1)
[Premium] : How to Spot High Probability Trade Setups using Market Profile – [Part 2] How do we understand that smart money is getting out of their shorts? and how the dumb crowd get trapped into it? Here is the high probable trade setup using market profile which explains […]
Coppock Says NTPC and Dabur in Bull RUN
COPPOCK indicator turn Positive for NTPC and Dabur during mid of June indicating a Bull run in these stocks. I think the word long term could work for these stocks. Related […]
Nifty EOD SDA2 trend trading charts Nifty turned to buy signal on last friday on the EOD charts as per SDA2 trend trading system. Which indicates that the medium term nifty is likely in the buy mode and chances of […]
New American USD Currency
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What is short-selling in stock markets? What is short-selling? Short-selling, in the context of the stock market, is the practice where an investor sells shares that he does not own at the time of selling them. He sells […]
Please can you explain how to read Nifty open intrest option data,(wot it indicates for this month closing) question also raised @ VFM forum