Marketcalls
Rajandran R Founder of Marketcalls and Co-Founder Algomojo. Full-Time Derivative Trader. Expert in Designing Trading Systems (Amibroker, Ninjatrader, Metatrader, Python, Pinescript). Trading the markets since 2006. Mentoring Traders on Trading System Designing, Market Profile, Orderflow and Trade Automation.

Nifty Clear View

13 sec read


 

 
5 EMA : 2809
20 EMA : 2819
 
Wait for 20 EMA/5 EMA crossover to take longs. i.e wait for 5 EMA>20 EMA
Till then remain with your shorts.

5 EMA/20 EMA crossover would happen if nifty closes above 2848-50
So monday any gapup opening then sustainability matters because Volatility index VIX raised above 50 which is quite dangerous for Bulls sustainablility.

Source:
www.marketcalls.in
Rajandran R Founder of Marketcalls and Co-Founder Algomojo. Full-Time Derivative Trader. Expert in Designing Trading Systems (Amibroker, Ninjatrader, Metatrader, Python, Pinescript). Trading the markets since 2006. Mentoring Traders on Trading System Designing, Market Profile, Orderflow and Trade Automation.
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0 Replies to “Nifty Clear View”

  1. dear raj,now that v hav closed above the 5day ema and 20 day ema,how far can this upmove take us. regds rashmi

  2. RASHMI But still there is no 5 EMA/20 EMA crossover…. Let wait for the crossover to take longs. Till then be with shorts

  4. W.r.t my previous post5 EMA/20 EMA crossover would happen if nifty closes above 2848-50So monday any gapup opening then sustainability matters.

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