15m chart with ema of different values.
The red line is a 20 day ema, blue is 10 day ema and the purple is a 5 day ema. These values work well with intraday charts.
If you see here, the 10 day ema is crossing the 20 day ema which is a bullish sign. The pattern should be in order of 5 dema, 10 dema and 15 dema.
So, how do you trade after understanding the entire study?
You need to have sufficient balance and buy small qty of next week expiry of nifty and hold for a target of 14550 & 14625.
I keep repeating that you need to be very patient and trade in the stock market like you trade in your business. Buy and hold for targets like we do in business.
The red line is a 20 day ema, blue is 10 day ema and the purple is a 5 day ema. These values work well with intraday charts.
If you see here, the 10 day ema is crossing the 20 day ema which is a bullish sign. The pattern should be in order of 5 dema, 10 dema and 15 dema.
So, how do you trade after understanding the entire study?
You need to have sufficient balance and buy small qty of next week expiry of nifty and hold for a target of 14550 & 14625.
I keep repeating that you need to be very patient and trade in the stock market like you trade in your business. Buy and hold for targets like we do in business.
Comment:
Looks like my first target is already done!