Ideal trade for Nifty is to Exit and Avoid long if nifty remains below 5270. Go long only if nifty opens above 5270. Nifty EOD Supports 5 EMA Low(5223) and 13 EMA(5192)
Related Readings and Observations
Ichimoku Vs 13-13 Wilders MA Channel Strategy Comparision Here is a simple visual Strategy comparison of Ichimoku Cloud Strategy Vs 13-13 Wilders MA Channel Trading strategy for Nifty. Of course 13-13 Wilders MA Channel Trading strategy yields […]
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Now What!!! Sell Signal in daily chart as per 5 EMA strategy.Now As per Nifty daily Chart... Nifty close above 2680 will invoke buy signal which is less expected. So any […]
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"Ilango said… hi..Rajagopal,Put your quiery to Mr.Rajandran of "Market Calls"(In my blog list). He should be able to guide you"Cud u please advise me how to link Elwave & Metastock softwares to NSE live data ? Ilango suggested that I seek your advise.Kindly help me.Regards,S Rajagopal