We are in modern world with access to history on our finger tips.
Look past data around 200 EMA, Nifty is exhibiting same pattern as shown in history.
In coming one two days, Nifty will come closer to 200 EMA but not touch it.
Use this time to invest. As we cannot 100% predict the market. We can use risk to reward in our favor.
Go to chartink to search shares above 200 EMA -->
( cash ( latest ema( latest close , 200 ) >= latest low and latest ema( latest close , 200 ) <= latest high ) )
Remember there is not perfect time to enter the market. According to me waiting for 18000 will be like letting the shares regain all there value.
If 200 EMA is broken and taken out by the next candle, we will need to respect the market and give our stop loss.
But if you are experienced trader you know thoda risk lene pe hi reward he.
I am not a SEBI registered trader. Only for education purpose. Consult your financial advisor before investing.
Look past data around 200 EMA, Nifty is exhibiting same pattern as shown in history.
In coming one two days, Nifty will come closer to 200 EMA but not touch it.
Use this time to invest. As we cannot 100% predict the market. We can use risk to reward in our favor.
Go to chartink to search shares above 200 EMA -->
( cash ( latest ema( latest close , 200 ) >= latest low and latest ema( latest close , 200 ) <= latest high ) )
Remember there is not perfect time to enter the market. According to me waiting for 18000 will be like letting the shares regain all there value.
If 200 EMA is broken and taken out by the next candle, we will need to respect the market and give our stop loss.
But if you are experienced trader you know thoda risk lene pe hi reward he.
I am not a SEBI registered trader. Only for education purpose. Consult your financial advisor before investing.