Can anyone please help on how to calculate DHema, DLema, WHema and Wlema.Thank you.
Dear Sir,Closing number is 6224 and 6258 in Day, Week and monthSK
6214 not yet hit. Its a buy?
@masterTT update only in hrly column....thanks.
Dear Ilango Sir,Request you to explain what you mean by"When prices move below Hema and closes: Sell on rises to Close Ema (which Ema???) or Lema-"
Dear All,Prices are reversing from Day Low EMA - 20 point range with an ending diagonal in 5 min chart.Raghavendra
@ Rahul,Example from yesterday' trade1. Nifty moved below 5 Day High EMA range ( High EMA - 20 points ) to 6247 initially and then rose again to High EMA + 20 points ( 6290 + 20 points = 6310 . High made 6305 ) before selling off again and closed below High EMA and 5 Day EMA.2. After closing below these EMA's - nifty today rose again to 5 DEMA ( 6268 , if we consider Muharat trading session as one full day ) or High EMA range ( 6290 - 20 points ) and sold off again to Developing day low EMA range ( Day low EMA + or - 20 points ). Raghavendra
Now touched dlema +20 and reversing
Dear master,Closing below 6234 at 2:00 can a JNsar short be in order with channel support at 6180 the tgt the min target
Dear Raghvendra,Thank you for the explanation.Please confirm if 'DLema' means '5 Day low ema' and 'close ema' means '5 Day ema'.Regards,Rahul
INHS in 5 min nifty spot chart??NL at 6250, Head at 6219, LR Shoulder - 6230/6232.Target - aprx 6278-80
@ Rahul,Yes - Day EMA is 5 Day EMA. Low EMA is 5 Day Low EMA. High EMA is 5 Day High EMA.Raghavendra
New Post Done.