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
Nifty Smallcap – Bullish Island Reversal Pattern to be Revisited? Nifty Smallcap index formed a classical bullish island reversal pattern during last week of March 2018 since then price mean reverted back to 200 Moving Average on the daily charts. Last […]
Market Makers in India – a Brief Overview Before going into a detailed discussion about the Market Makers in India, it is very important to know what exactly market making is all about. Market Making is basically aimed to […]
Nifty Important Levels to watch out
The Picture shows the important levels in nifty where a possible bounce back could occur. As per this chart Bouce Back may come near 2869 or near 2660 Source:
www.marketcalls.in
Nifty and Bank Nifty 90 min chart update for 19 Dec 2011 Nifty is in sell mode since 8th Aug with trailing cloud resistance coming near to 4786 and 8545. Today the major suppot zone 4700 also breaks. So one should be careful in their shorts if […]
Know Your Implied Volatility This is one of the older posted posted in marketcalls earlier during Aug 2009. And I'd like to bring forward once again as Jitin our regular reader had some doubts with implied volatility […]
Nifty Vs Bank Nifty Ratio Charts how one can understand that price divergence is happening between two underlying instruments? And how to benefit from the price divergence? The answer is ratio charts.
rajendran sr can we get the afl for this 5 ema high low