Nifty is making quicker moves in an hurry to test 200day MA(3443 levels) with heavily overbought markets.And Right Now 55 Weekly EMA is coming near 3533(Check Previous Post ). These are the two levels for traders and investors to watch where profit booking could be kicked in.
Related Readings and Observations
Hang Seng Warns Short term Correction
P&F Charts for Hang Seng Shows a Double bottom Breakdown on 28 Aug 2009 with Supports coming near 18000. Source:
www.marketcalls.in
Nifty Future Weekly Observation 06-April-2015 Nifty future opened the week at 8474.75 and made the high of 8645.55 and closed at the higher end of the range at 8633.10. The week was the shortest as there were only three trading days. […]
Earning Profits with the Use of Non Directional Trading Strategies -1 “There are two kinds of investors, be they large or small: those who don't know where the market is headed, and those who don't know that they don't know. Then again, there is a third type […]
Sell in June and Go Away? Two charts in Nifty make me to think "Sell in June and Go Away". The above charts is nifty june hourly future chart which recently turns to sell mode during the later hour of the friday […]
Why your NSE Datafeed will not work on Nov 5th and Nov 7th? NSE in its recent circular stated that its is planning to test Live trading sessions from Disaster Recovery (DR) Chennai site. It is noted that the data vendors who are not having […]
Nifty Intraday Notes Using 5 EMA + 2 Period RSI
It is a multiple trading strategy in especially in nifty to trade each trend and 5 EMA,Price Closing of the candle,And 2 period RSI is used to make decisions for your […]
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