Chart shows Buy and Sell signals for the past 3 months.
Rule is simple
Go long if the Nifty candle closes above 5EMA and
Go Short if Nifty candle closes below 5 EMA
Related Readings and Observations
- AD-line and the mystery What the hell behind the adline which keeps on decling continiously for more than a year in this rising market? If you check the nse stock most of them are either moving sideways or […]
- Bharti Supports @ 223 For those Investors who are speculative in Buying Bharti Airtel Shares....Long Term GANN Supports for Bharti @ Rs 223. Its rather a wait and watch and buy it at dips rather […]
- Nifty and ADX ( Directional Movement Index) Nifty Spot Price : 4627 Confused in Nifty Direction. Here is a Indicator which denotes in which direction we are going to move. Befor talking about the Index Direction let us […]
- Celebrity Fashions : Possibly a Value Buy CMP : Rs 19.7 Long Term Supports : Rs 18 Stock Lost more than 90% of its value right from the start of 2006. Currently Celebrity Fashion is trading above 200 day moving […]
- Nifty and Bank Nifty 90 min update for 17th Apr 2012 Trading Nifty and Bank Nifty 90 min charts are shown. Nifty is continuing its sell mode with cloud resistance coming near 5264 and 200MA resistance at 5299.
- 4900 remains the support Heavy Put writing seen in 4700,4800,4900 PE of OCT series As of now 4900 in Nifty and 16400 in sensex remains the strong support. And 4990 would probably could act as a GANN […]