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You are here: Home / Nifty Technicals / Nifty falls below 5 EMA

Nifty falls below 5 EMA

December 23, 2008 by Rajandran Leave a Comment


 

Nifty daily chart shows a Falls below 5 EMA after a long time and producing sell signal in nifty.
And Now 5 EMA line will act as a resistance zone
Source:
www.marketcalls.in

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Filed Under: Nifty Technicals

About Rajandran

Rajandran is a Full time trader and founder of Marketcalls & Co-Founder of Traderscafe, trades mostly using discretionary Trading Concepts like Market Profile, Trading sentimental analysis, building timing models, algorithmic trading models. Instructs professional traders, full time traders & aspiring full time traders. Rajandran attended college in the Chennai where he earned a BE in Electronics and Communications. Rajandran has a broad understanding of trading softwares like Amibroker, Ninjatrader, Esignal, Metastock, Motivewave, Market Analyst(Optuma),Metatrader,Tradingivew,Python and understands individual needs of traders and investors utilizing a wide range of methodologies.

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