As you know if candle close price > 5 EMA then Buy
And if candle close price < 5 EMA then sell
And Still Hourly charts are showing sell signals only. Buy only if nifty above 2940
Related Readings and Observations
Will 8300 Act as Support for Nifty this Expiry? This week both Nifty futures and Bank Nifty futures ends on the positive note with a weekly gains of 36.55 points(0.43%) and 141.3 points (0.8%) respectively. The cheer the retail positive […]- TA Lib Excel Addon installation in Ms Office 2003 & 2007 Here is a simple video that explains how to install TA Lib Excel Addon installation in Ms Office 2003.Ta-Lib is a free tools to help you in analyzing financial data,which you can be used […]
- Extended Negative Divergence in Nifty
Nifty is extending its negative divergence for the past three days. Suggesting a strong possiblity of breakdown below 4678. Source:
www.marketcalls.in
- Nifty and Bank Nifty August 2015 Overview Daily Sentiment is Positive in Nifty futures and in Bank Nifty futures. However RBI policy announcement on 4th Aug will dictate the trend. Any Interest rate cut might induce negative […]
- Nifty closed below 5 EMA weekly
From Nifty Weekly charts shows that nifty closed below 5-EMA(5000) average for the second time since march 2009.First time happends during the Budget week of July-2009. Nifty […]
- Baltic Dry Index Crashed more than 50% Almost all the global stock markets are in the bullish mood especially Indian markets. But on the negative side the Baltic Dry Index, which tracks sea freight rates to ship dry […]
Sir,Please update the chart for the benefit of the followers daily .Bala