SH's MArket Correction Prediction Strategy

LivetoTrade

Well-Known Member
Nifty 6th week will completed on 4th April, 2014

CMP = 6753
15 ema = 6597

2 days remaining, will it happen this time? :confused:
It never failed.

Let see.
So did Nifty finally remember to meet its long lost friend the 15 ema, who now resides at 6624 for the day :D
 

cloudTrader

Well-Known Member
This thread is a very interesting one. I have started reading it right from the start .

One question which right now puzzles me is that when I am seeing the Nifty Future Daily Chart , the price is touching the 3 EMA almost everyday for last so many days that it seems that the price is riding on the 3 EMA , then what does this imply that the price should touch 3 EMA within 3 trading days.

Regards.
 

trade4putuval

Well-Known Member
This thread is a very interesting one. I have started reading it right from the start .

One question which right now puzzles me is that when I am seeing the Nifty Future Daily Chart , the price is touching the 3 EMA almost everyday for last so many days that it seems that the price is riding on the 3 EMA , then what does this imply that the price should touch 3 EMA within 3 trading days.

Regards.

3EMA no-touch happens when there is a sudden and bigger move on some days. Please check in the past for bigger candles. Following these candles, you will see a situation when the price never touched 3EMA for two days.

 

cloudTrader

Well-Known Member

3EMA no-touch happens when there is a sudden and bigger move on some days. Please check in the past for bigger candles. Following these candles, you will see a situation when the price never touched 3EMA for two days.

I'll go into more detail, then maybe clarity will emerge on this in my understanding.

Regards.
 

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