USED Moving Average Crossovers : 1030min EMA & 70 min EMA
Charts Used : 5 day Charts, 5 min Bars
Charts Used : 5 day Charts, 5 min Bars
Go Long Rules
If The faster line (red ) goes above the green – > Close shorts & immediately go long.
Go Short Rules
The faster line (red ) goes below the green – > Close longs & immediately go short.
No other Indicators Needed… Works Well Especially in Volatile Times
Stop Loss
An initial acceptable range for the stop depending on your comfort level can be put. As the Nifty moves in your direction , immediately put the the stop at the purchase price + brokerage as soon as possible.
To Get these charts live with Zero minute delay visit http://nsetracker.blogspot.com
Happy Trading!!!
Related Readings and Observations
Hang Seng Gets Bearish in P&F charts
Hang Seng had yesterday made a bearish Decending Triple Bottom breakdown on 16 Dec 2009 as shown in the P&F charts with a bearish objective of 19250. One of the Asia pack […]
Non Repainting Super Trend Indicator with Time Bar Left AFL code Now Download Non Repainting Super Trend Indicator with the new feature seconds left for the new bar to begin.
How is WPI inflation rate calculated in India? Wholesale price Index (WPI inflation rate) tracks a set of 435 commodities and their price changes are used for the calculation. The selected commodities are supposed to represent various […]
Nifty and Bank Nifty 90 min charts for 2nd Mar 2012 Trading
Nifty and Bank Nifty are in sell mode since feb 22,2012 currently the cloud resistance coming around 5375 and 10405 respectively
CIBIL to include Mobile Payment in its Credit Score Report CIBIL is trying to link the telecom utility payment history to the banking and financial records of customers and make it available as a Cibil record to banks and other financial […]
Nifty Supports and Resistance for 21st April – 25th April Nifty Movement Analysis: Our Market is expected to open on a weak note despite global sentiment. But this sentiment wont last long as Positive sentiment overtakes negative […]
Leave a Reply