Nifty Positional Shorts based on 70/1030 EMA Strategy
19 June 2009
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USED Moving Average Crossovers : 1030min EMA & 70 min EMA
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.
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
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Nifty Positional Longs/Shorts Charts - 17 Nov 2008
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Dear Sir , where i got stock chat . i m not trade in nifty . Also define me this line (Its good to Catch the stock/Index at 5 EMA low- EOD with stop loss below 5 EMA-High)
Hi,quite amazing that around the same time on 18 June from a very different analysis, I talked about positional shorting opportunity in Nifty. Would you please review my thoughts and let me know what you think?My analysis can be found here and here.Thanks,StudentofMarket