Nifty Spot & May Futures has not touched 15 Daily EMA for the last 21 trading days. As per our Strategy, it should test 15 Daily EMA, within 6 weeks(30 Trading days), before anywhere it go.
As per EOD chart 15 EMA( as of 17th May 2013) is at 6040-50 levels.
NIFTY MAY Futures touched 15-EMA on 16-04-13 at 5632 on its journey upwards. Today on 21-05-13 on its 23rd trading day the 15EMA is at 6068 at around 11AM when 3-EMA is at 6157. So within another 7 trading days max we should hopefully see both the 3EMA and 15EMA meeting somewhere in between 6048 and 6157. The 3EMA will travel downwards while 15EMA will shift slightly higher in this 100 point range approx.
Welcome on board. umeed kar raha hoon ki aapki yaatra lambi aur profit bari ho
RCOM airlines ki crew ki taraf se aapko namaskar
Kuch-hi samay mei aapki RCOM flight neeche utarwaane hai! kripaya seat belt baande. Aapki ye vinati hai ki jab tak aap target par nahi pahunchte tab tak aap seat belt na utaare thata utarne ki koshish na kare
3 ema left (minor but) for 2nd day. 1st day was not bad :thumb:, Let see where it goes.
This is the reason i miss SH a lot. His strategies are really awesome.
(spot)
CMP = 113.95
3 ema = 113.19
15 ema = 106.2
While talking to one of my friend, he said below statements which make me laugh :lol: so thought to share with you.
Welcome on board. umeed kar raha hoon ki aapki yaatra lambi aur profit bari ho
RCOM airlines ki crew ki taraf se aapko namaskar
Kuch-hi samay mei aapki RCOM flight neeche utarwaane hai! kripaya seat belt baande. Aapki ye vinati hai ki jab tak aap target par nahi pahunchte tab tak aap seat belt na utaare thata utarne ki koshish na kare
In the EMA100 nifty strategy, do you guys check the payoff matrix/graph in any software? I guess it would be good to check in some software. Though myfno is a good tool but it is not free, earlier the options oracle was there but it no longer is giving nifty data. If anyone has got hold of any tool please post here