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
Nifty Futures Hourly holds the Ichimoku Supports Nifty Futures takes a down turn today and finally got supported near the Ichimoku hourly supports and the hourly trend is still up. Nifty looks weaker in hourly charts if trades below 5250-5260 zone.- Reliance GANN FAN Analysis
By Constucting GANN FAN lines for Reliance ,probably we could understand the nature of the movement in that stock. The GANN FAN line is applied to the indicator as shows in […]
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- Possible reversal in TATA Steel and TATA Tea
Chart symbols that strong confirmation of reversal in both Tata Tea and Tata Steel. As Twiggs Money flow turns negative and also breaks the support line shows strong selling […]
- Will FII’s Pull their money out of India in Short term?
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- Ideal Trade for Nifty 18 Dec 2009
Short Nifty if it opens below 5036. Next target could be the next GANN support zone 4780Source:
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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