And then a daily close above 4664 to arrest the down fall for the short term.
And finally a test of 5 day ema @ 4702.
Retracement strategy, a must for traders.
Trading strategy that works wonders besides the supports & Resistance is " Retracement strategy ": The strategy that has wor...
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I 'll always be there for you. To make you feel that you're secured. And even if the rain is pouring hard and the sky is almost dark... -
5010-5039 supply zone proved a ST resistance. 5002 proved a break down point. 4945 to 4982 proved a corrective rise, monitored with an ... -
Trading strategy that works wonders besides the supports & Resistance is " Retracement strategy ": The strategy that has wor...
4 comments:
Ilango ji, pls d'nt mind. For today low ema 5 @ 4705.40 and ema 5 @ 4728.48.
Ilango, THANK U for your excellent Nifty PreMarket View.
Hi..hemanta,
You need to create the new ema for the day with the changing prices. Ema is supposed to reflect the current status. I update regularly and get good results..
Hi llango,
Thank you very much for your recommendation. I have always used updated ema lines in 5 min/15min/hourly chart but never think of using updated ema in EOD chart before the days closing. And yes, that was a mistake bcoz Ema is supposed to reflect the current status. Now , I'll be more accurate with ur suggestion. THANKS AGAIN..
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