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
Short Both 4900 PE and 5000 CE
Stategy : Sell Straddle Short Sell : 4900 PE OCT Short Sell : 5000 PE OCT Max Profits : Rs 2790 if Nifty expires between 4900-5000 Loss will accumulate if Nifty breaks […]- Positve movement in Nifty may be shortlived Nifty CMP : 4918 Yesterday market showed a strengh coming back to the market. Yen also bouced back from 103.20 to 104.70/dollar after strong housing data and Durable […]
- What Next?
Nifty 100% perfectly at GANN Support(near 4940). A Bounce back from here is really gonna be a bullish one. And Failure is really Gonna be a Disappointment for investors as […]
- Nifty and Bank Nifty charts for 11th April 2011 Trading Nifty in sell mode with resistance zone coming around 5900 zone and Bank Nifty turned to sell mode on last friday on 90 min charts with resistance coming near to 11757.
- NMA Weekly Buy/Sell Signal for Nifty
Weekly Exit Long/Sell Signal cames a bit later after nifty closed below 4711.7 Source:
www.marketcalls.in
- Nifty and Bank Nifty Very Close to All time High Nifty and Bank Nifty currently trading very close to its all time high made on the Union Budget 2014 event 7809 and Bank Nifty made a All time high around Election 2014 results 15742.
Sir,Please update the chart for the benefit of the followers daily .Bala