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
Nifty hourly trading for 17 August 2010 Chart shows that Nifty hourly mode @ GANN Supports zone 5417-5410. Breakdown below the support zone will target the next support zone 5200- Bearish Crude Oil Technical – Short term overview Crude (20.09.2013) traded in tight range from last 4 weeks, looks like finding a direction, probably on downward.Now crude is trading around $105.50,as we can see on charts, crude have […]
- Fundamental Analysis : What are Interest Rates? Like anything else in economics, there's a few competing definitions of the term interest rate. The Economics Glossary defines interest rate as: The interest rate is the yearly price […]
- Things You Need To Know About Virtual Credit Cards There are several mean of keeping your online transaction safe and secured, although it is not really safe when payments are being made to sites, that could be insecure. In order to […]
- 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. […]
- Nifty Hourly charts for 19 Jan 2010 Trading Nifty at hourly cloud resistance i.e near the 5725 zone. A Breakout above this zone could lead to a short term long trade with SL at 5700
Leave a Reply