Iam little bit busy in my office work schedule. So Kindly bear for the missed updates on marketcalls till the end of this month. Will try to post some interesting topics if possible during leisure hours.
Here is a quick view on the classical 20/50 EMA and 13,34,55 EMA crossover strategy
Applying 20/50 EMA principle we could find that recently there is a bearish 20/50 crossover with the 50 EMA resistance near 5107.
Applying 13,34,55 EMA Concept we could find that still 13 EMA < 34 EMA < 55 EMA this is bearish indication until nifty holds the bearish pattern(i.e 13 EMA < 34 EMA < 55 EMA ). Breakout above 5107 on EOD basis could trigger long term uptrend