Ideal Strategy : No Positions until nifty either Breaks and closes above
either of the 5 EMA(High-Low) Band
Enter Shorts : only if nifty breaks below 5022 on EOD Basis( 5EMA) and
Confirmed shorts below 4946 on EOD Basis(5 EMA-Low)
Enter Longs : Only if Nifty breaks above 5071 on EOD basis(5 EMA-High)
Related Readings and Observations
Simple Economics : Cartels [youtube=http://www.youtube.com/watch?v=RihcRrezcjI&hl=en&fs=1&rel=0&color1=0x3a3a3a&color2=0x999999]Source:
www.marketcalls.in
Nifty and Bank Nifty 90 min charts for 10th May 2010 Nifty and Bank Nifty 90 min charts are still in positional shorts since last Thursday and currently the cloud resistance is coming near 5104 and 9848 respectively.
Wealthcreator – Nifty Future November Overview Nifty Future breakout from the triangle last week after making the weekly low of 7993 and close the week at the highest level ever for the index. As from chart above one can clearly the […]
Its time to bet for 300pts downside on Nifty
Nifty CMP : Rs 4466Still No collapse to the Head and shoulders pattern and the pattern will collapse only nifty manages to close above 4550 Nifty Hourly charts and the […]
SDA2 Hourly Nifty Future charts Hourly Nifty Future charts for the fans of SDA2 Trend trading system. Few more hourly charts are included for you reference about the trading system. Testing this afl code and feedbacks appreciated!
Flatland and Fouth Dimension Here is an video about Flatland and Mr Carl Sagan, the world famous astronomer and astrophysicist explaining to concepts of 4th dimention.
rajendran sr can we get the afl for this 5 ema high low