SH's MArket Correction Prediction Strategy

I think it's time for market to test the 15EMA. Last test happened on 6th June 2012. After that we had 22 trading days, without touching 15EMA. While checking the charts on 18 & 19 June, market tried to test 15EMA but it didn't touched. As per our law, once in every 30 Trading days, market should test the 15EMA. Now 15EMA is almost 100 points away from present levels. Buying 5400 Put is a good way to trade this situation, i believe so. Please Correct - Advise me if i am wrong.
 

trade4joisar

Well-Known Member
Nifty
Left 3 ema for 2 days (BTW, today there was special session),

3 ema = 5351 (after adjustment might be 1/2 points less)
CMP = 5380 (adjustment price)

HINDUNILVR
15 ema touched on 23rd July, 7th week is completing on this monday.

CMP = 541.5
15 ema = 522

CIPLA
15 ema touched on 27th July, From monday it will be in 7th week.
CMP = 594.35
15 ema = 374.80

Let see.

Imp. Note: As per SH market correction strategy is only for NIFTY. So it may or may not work for scrips.
 
How many days since 15 ema not touched ???
Will today 5th week complete ???

In Crossover 15 ema not touched !!

anyone can reply ...


Thanks
Very interesting. Seems like the last time 15ema was touched was 28th August. Maybe the next week is a correction or boom week.
 

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