SH's MArket Correction Prediction Strategy

[Tradewithhunter]

Markets have reverted to 100 EMA today ....

We should have an eventful April series .....

Cheers
SH

 

[trade4joisar]

Infosys Future left 3 ema for 2nd day, difference is around 114 points

3 ema = 2494

Weekly also 3 ema left
3 ema = 2514.

CMP = 2380

Let see.

 

[arjunking]

100ema close. Few whipsaws already on 3 15. Time for trend?

 

[arjunking]

Infosys Future left 3 ema for 2nd day, difference is around 114 points

3 ema = 2494

Weekly also 3 ema left
3 ema = 2514.

CMP = 2380

Let see.

isn't this rule only valid for nifty futures?

 

[timepass]

isn't this rule only valid for nifty futures?

315 works for any scrip with good volumes.

 

[trade4joisar]

Infosys Future left 3 ema for 2nd day, difference is around 114 points

3 ema = 2494

Weekly also 3 ema left
3 ema = 2514.

CMP = 2380

Let see.

Today good move.

Infosys Future 3 ema left for 3rd day.

3 ema = 2445
CMP = 2397.

Weekly 3 ema left = 2522.

 

[trade4joisar]

Today good move.

Infosys Future 3 ema left for 3rd day.

3 ema = 2445
CMP = 2397.

Weekly 3 ema left = 2522.

Yesterday 3 ema touch with high of 2415.

So worked but on 4th day.

Still weekly 3 ema left.

 

[mech71]

@Seniors,

Nifty fut has not retraced 3EMA for last two days. So it has to retrace today being the 3rd day. According to rules the price should be re-traced to 3EMA in a maximum of three days. Hence Nifty fut should retrace back to around 5330 today.Am I right ????

 

[timepass]

@Seniors,

Nifty fut has not retraced 3EMA for last two days. So it has to retrace today being the 3rd day. According to rules the price should be re-traced to 3EMA in a maximum of three days. Hence Nifty fut should retrace back to around 5330 today.Am I right ????

Yesterday's 3EMA is 5333 and the low was 5312.

 

[mech71]

Yesterday's 3EMA is 5333 and the low was 5312.

You are right. Thanks.