Nifty Futures Trading Part 2 (Positional)

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Czar

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tsunil4u said:
only czar can answer this for his chart...
meaning of RSI (14, E 9)
Click to expand...
devangan123 said:
In my guess its crossover of RSI 14 and and 9 EMA of RSI 14 , Like we have 9 EMA of (26-12 ema) in MACD

Cazar please correct me if I am wrong
Click to expand...
Well frankly I dont find much use of the EMA but its under observation & I do keep fiddling with my indicators... Also only time they both help is when the RSI starts taking support of the EMA or when the EMA starts giving RSI resistance... that's useful... but for crossover its meaningless for me.. there are better indicators for that.
 
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uasish

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Becoz of 'Durga Puja' starting from to-day hence may not be able to monitor Price on Hrly basis.(Otherwise family will banish me ).So positional Trade is more possiblity.

Any close below 3810 is Short for me .
 
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pkamalesh

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Hi alex..Just check the ITC chart...I just shorted 2 lots on friday at 196...just wanted to confirm if i should hold it on to its first support around 183 or square off today...plzz check and lemme know..


 
orderflow13

orderflow13

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