Power and simplicity of 200EMA
A simple yet powerful technical indicator for all Investors/Traders is the 200EMA.Combined with support/resistance it works wonders.
Identifies both uptrend and downtrend.
In case of Amtek auto , no investor zone below 200EMA.A clear cut exit.
In case of Nilkamal ,breakout above 200 EMA.
This is not a standalone system but can be added to every investor/trader's arsenal.
Daily Chart of AmtekAuto
Daily Chart of Nilkamal
A simple yet powerful technical indicator for all Investors/Traders is the 200EMA.Combined with support/resistance it works wonders.
Identifies both uptrend and downtrend.
In case of Amtek auto , no investor zone below 200EMA.A clear cut exit.
In case of Nilkamal ,breakout above 200 EMA.
This is not a standalone system but can be added to every investor/trader's arsenal.
Daily Chart of AmtekAuto
Daily Chart of Nilkamal