SH's MArket Correction Prediction Strategy

[anilnegi]

Anilji,
Can you give comments on SSLT chart 20 ema is about to cross 50 ema from bottom and it has fallen and is about to reach the crossing ,what should we expect? whether it will bounce from there?
2.Asian paints has come below 530(20 ema) and 50 ema is at 504? can it be shorted?
regds

sir

your question to me

i think sslt is look like a contestant for shorting strong resistance around 205 and support 170
Regarding Asian paint it seems to in middle resistance around 557 support around 470,

to me SSLT is a good trade for short

anil

PS: My personal view, i am not a successful trader

 

[nac]

SBIN is away from EMA15 for a long time, in fact longest ever. Is it better to ride the trend or this strategy would work?

 

[nac]

While most of the banks including banknifty have fallen, but not SBIN. Seems like price will move higher substantially to make the EMA15 to kiss the candle.

 

[timepass]

While most of the banks including banknifty have fallen, but not SBIN. Seems like price will move higher substantially to make the EMA15 to kiss the candle.

But today it is away from its 3ema..

 

[nac]

^ But I see price touching EMA3(2077.66) in daily chart.

 

[timepass]

^ But I see price touching EMA3(2077.66) in daily chart.

That's right. Futures and spot show different pictures. Maybe a serious downside is expected (?? towards 15ema spot??)

 

[nac]

SBIN is still away...

 

[justy]

NIFTY Spot & NIFTY Fut both are going to leave 3EMA for the 2nd day in continuity.

 

[a1b1trader]

Danger of 3 ema touch for NS and NF, averted at last

 

[trade4joisar]

SBI
-----
12th Week will be completed on 27th May.
15 ema = 2371
CMP = 2753

Infy
--------
Weekly 100 ema touched and it worked well, high made near 3190,daily 100 ema not touched yet.
15 ema = 3323
CMP = 3069.

Let see how it goes.