Your comment in previous post
"alphabet1 said...
Hi,
I think here just looking at Swing Levels on eod and 60M could show the way.
A quick test could be 3ema/3sma cross.
Do cross check and share yr views."
I think here just looking at Swing Levels on eod and 60M could show the way.
A quick test could be 3ema/3sma cross.
Do cross check and share yr views."
is a valuable one.
Presented here is a Daily Nifty Future chart for 2011 till date.
3day SMA is in Cyan line.
3day EMA is in White line.
EMA moving above SMA marked by Green Upward Arrows.
SMA moving above EMA marked by Pink Downward Arrows.
in the chart below.
We welcome your observations.
Nifty Future resisted at 200day EMA.
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