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
Nifty and Bank Nifty 90 min charts for 15 Mar 2012 Trading Nifty and Bank Nifty are in buy mode since 9th Mar 2012 on the 90 min charts with cloud resitance coming around 5298 and 10370 respectively.
Nifty Trading Update for 16 Jan 2009
Resistance : 2809 RSI-2 : 26.55 Trend : Negative TRIN : 5.83 Nature : Oversold and Bearish At any point of time maximum upside is limited to 31 day EMA which is […]
Find Your Edge Before You Trade. Edge plays as a significant parameter in finance and gambling or in any form of betting games.In Trading and Insurance ,it finds vital applications as the factor which stands between […]
Brokers Recommendations HDIL Target Price: Rs 2,076 ICICI Securities has initiated coverage on the Mumbai-based real estate player, HDIL, with a 'strong' buy. The recommendation is based on the company's 'immense […]
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Aban Next Stop Near 1800
Nice Move in aban today after closing two days above 1200. Now Next Stop Comes above 1800. Related Readings Aban Analysis : Readers Request - 01 Aug 2009 […]
Sir,Please update the chart for the benefit of the followers daily .Bala