SH's MArket Correction Prediction Strategy

[amitsh27]

Pl update as soon as it gets trigger....thanks

 

[amitsh27]

Oh no...mkt took a U turn when 100 ema touch was expected

 

[a1b1trader]

Oh no...mkt took a U turn when 100 ema touch was expected

I just couldnt understand, how you were expecting price bar to touch 100 ema in NIFTY daily, today.

 

[anup]

Oh no...mkt took a U turn when 100 ema touch was expected

Shant ho javo bhakta shant ho javo....

Well daily 100 EMa stands at 5950... I know you are waiting for SH option strategy on touch of 100 EMA...Last time when i played i got good returns...
@ A1B1 : Sir, Fridays close was at 5995 so he was hoping that today Nifty will touch 100 EMA and he can execute straddle....

 

[amitsh27]

Now 100 ema changed to 5877.....deeper than friday's value....but still as per 315 mkt is bearish

 

[anup]

Now 100 ema changed to 5877.....deeper than friday's value....but still as per 315 mkt is bearish

which chart are you referring.. as per my chart (chartink.com) nifty 100 EMA daily is at 5952..

refer : http://imgur.com/2K8KqIZ

 

[amitsh27]

Oh i just noticed sth strnge on chartink....if i change chart period say from 1 month to 2 month or 6 months or maybe 1 yr, im getting different 100 ema value....ye kya chakkar hai bhai log???

 

[Tradewithhunter]

Oh i just noticed sth strnge on chartink....if i change chart period say from 1 month to 2 month or 6 months or maybe 1 yr, im getting different 100 ema value....ye kya chakkar hai bhai log???

To get correct 100 EMA on some softwares you need to have atleast 100 candles showing on the chart .. so that means you might need atleast 5 months data on EOD charts showing to see correct 100EMA value...

Cheers
SH

 

[chandrujimrc]

I think 100 EMA of Nifty fut is 5970.

 

[amitsh27]

NS 5953 on chartink with 6 months period.....SH mentioned atleast 5 months chart, so i chose 6 months...also, 5 mnths option not available on chartink...
Can someone pl post the right value??