MovingAvrage Magic.

Nifty 50 IndexNSE

Description

⋅ Jun 23, 2020 1:23 PM

Here is one effective idea:
1. Choose 21 period moving average. Lets call it ma21.
2.Find the ten period average of ma21 call it m10avg.
3. Mark the High when ma21 goes below m10avg. 4. Mark the Low when it goes above the m10avg.
Observe the price action unfold....

Trend Analysis

Comments

vrbemail

⋅ Jun 23, 2020 2:06 PM

Thanks a lot.

Memillionaire

⋅ Jun 23, 2020 2:27 PM

@vrbemail, You are welcome.

astrologergaurav

⋅ Jun 23, 2020 1:48 PM

It's not that MA has crossed so priced moved, on the contrary Price has moved that's why there is a MA cross.

Memillionaire

⋅ Jun 23, 2020 2:29 PM

@astrologergaurav, The idea is after crossing what price does is of importance. You are right Price leads everything.