SH's MArket Correction Prediction Strategy

[trade4joisar]

In spot, infosys touched 100 ema on 10th July, 2013.

On 10th Jan, 2013 it completed 6 months. So by 10th Feb, 2013 it should touch 100 ema.
So if anybody can post future price, then it would be great.

100 ema = 3286
CMP = 3725.

Imp Note: This rule SH made only for Nifty, I dont have old data, so one can check this for last 3-4 years i mean how many months infy takes normally to touch 100 ema.

On Friday i shorted at average of 3745.

Weekly 100 ema = 2885
Daily 100 ema = 3375.

Let see how goes.

 

[trade4joisar]

HCLTech
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Daily 100 ema touched on 6th Jun, 2013. > 7.5 months.
Weekly 100 ema touched on 23rd, Jan 2013, > 12 months

100 ema = 1180
Weekly 100 ema = 837
CMP = 1462.

Imp: SH defined this strategy only for Nifty. If you have any other strategies, combine this to get best result.

 

[timepass]

CNX IT : 100ema last touched on 10th July. About the time for correction now

 

[trade4joisar]

On Friday i shorted at average of 3745.

Weekly 100 ema = 2885
Daily 100 ema = 3375.

Let see how goes.

It really need patience and backup, it worked like anything.
I dont have both

SH, master of simplicity.

It seems now Infy is rushing like anything for weekly 100 ema

Weekly 100 ema = 2978
Daily 100 ema 3508.

CMP = 3357.

Now real twist comes

Let see how it goes.

 

[trade4joisar]

BankNifty left 3 ema 2 times in weekly

CMP = 12075
3 ema = 11862

Nifty also left 3 ema in weekly.

3 ema = 6464
CMP = 6494

Let see how it goes.

 

[timepass]

BankNifty left 3 ema 2 times in weekly

CMP = 12075
3 ema = 11862

Nifty also left 3 ema in weekly.

3 ema = 6464
CMP = 6494

Let see how it goes.

T4J, please re-check your charts. I think that on the weekly TF, both Nifty and Banknifty have touched their 3ema this week.

So maybe the consolidation / correction phase is over and they are ready for the next move. But this being the expiry week, anything can happen.

 

[Gandhar.]

T4J, please re-check your charts. I think that on the weekly TF, both Nifty and Banknifty have touched their 3ema this week.

So maybe the consolidation / correction phase is over and they are ready for the next move. But this being the expiry week, anything can happen.

TP you have 3ma in that chart and not 3ema

 

[akumar118]

BankNifty left 3 ema 2 times in weekly

CMP = 12075
3 ema = 11862

Nifty also left 3 ema in weekly.

3 ema = 6464
CMP = 6494

Let see how it goes.

Can u please point how on the chart NIFTY

22ND MARCH WEEKLY 4TH FROM RIGHT...

 

[VJAY]

 

[timepass]

Banknifty spot weekly - touching the 3ema from bottom