Hold your longs with trailing stop loss of 5077. Exit longs or reverse position if Nifty closes below 5110(5 EMA) on EOD basis.
Related Readings and Observations
- NSE Advance-Declines at newer low Today the Breath Chart - Advance-Decline index moves to the newer low which symbols a great divergence in the Advance decline index and the movemnent of nifty direction. Which also paints […]
- Amibroker Technical Analysis Workshop – Coimbatore We are proud to host in-depth two day Amibroker workshop in Coimbatore on Technical Analysis . It is not the usual seminar to market one’s own product and strategies. It is all about […]
- GANN Shorter Term Update for 13 Dec 2009 Resistance at 5180 and Supports at 4980Source: www.marketcalls.in
- Nifty Technicals – Will it Solve the Mystery??? CMP : 4360 Last Friday's unusal celebration makes me think about the contrarian side and this time very badly about indian stock markets.Also operators targetted the reliance badly […]
- Buy Lumax Industries : Medium Term Pick CMP : 169 Target : Rs 240 Time Frame : 5-6 months Company Profile Lumax has seven ultra modern manufacturing plants in India. Of these, two are located in cities of […]
- GANN Update for Dow Jones Dow Jones faces instance Resistance near 9500 and the buy signal in Dow Jones Continues .Trend Reversal will happen only below 9100 with Supports upgraded to 8700 breakdown […]