moving average example ( random )moving average ( here , SIMPLE MOVING AVERAGE ) is useful in trend trade
Moving
Short ITC below 195 (Targets 184, 176, 157)Price has met resistance at 193-195 levels with 2 sweet Spinning Tops.
100 Day SMA @ 195.50 is a potential resistance.
Square off if it closes above 195 on Daily. A tight stop loss but playing safe; open to fresh entries.
GLHF!
DHFL AnalysisTrader's Paradise , Breakout is most Probable Look at the S&R. Also watch 200 SMA closely.
What do you think ??
Bank Nifty AnalysisProbably Playing S&R, Also 100 SMA is in helping to give a clear trend picture. Falling would be a most likely condition as compared to Nifty 50 but don't ignore the support just below. What do you think ??
Nifty 50 AnalysisJust playing in the S&R zones also 200 SMA is indicating the same. What do you think ?
NIFTY 1st cut analysis for 8th-Aug expPotential Positions are 10700 PE (higher prob) or 11140CE (lesser prob)
SELL COLPAL ONLY if breaks 1320, for target 1313 , second targetSELL COLPAL ONLY if breaks 1320, for target 1313 , second target 1308
Short-Term DowntrendCE OI thrice that of PE OI.
150 Seems like an unbreakable level.
Short and carry till levels of 135.
Stoploss: Above 145.6
Further analysis after target meets.
dislplace moving average for trading in short term 5 daysdisplace MA by moving them into future number of days . means less likely to get whipsawed by MA signals
