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From the trin charts it is seen that the first buy signal arrives from the trin chart. When the 10 day of
SMA of TRIN dips below 1(Bullishness). i.e when nifty shoots above 2830. At the same time there is a
bullish 5/13 EMA crossover happened in Nifty daily charts. Since then market is moving with 13 EMA
as base resistance. Whenever market reaches oversold levels(i.e RSI-2 greater than 90-95) Nifty tries to
bend towards 13 day EMA.
As of Now Trin shoots above 1(Bearisness) after Nifty hitting historical circuits. And It is also observed from
the charts that Nifty is moving once again towards 13 EMA(3900) line to take it supports. Till now 13 EMA is believed
to be the supports for the current trend.
dear sir where i can find centurytex tracker regards prabhdeepsingh