Nifty spot is standing supported on 200sma, [200sma purple line, 200ema green line]
sma being above ema is not positive.
- The date on chart is the starting data date, till today's EOD data.
The close is below the 5day Low ema, and retrace has pulled it below the earlier rally on 2days back.
5day High Close Low ema are shown in inset chart. [HighEMA, CloseEMA, LowEMA]
The 200sma may offer support.
We shall look deeper in the coming up post later in the evening.
4 comments:
hi
wonderful presentation. In nifty chart, OHLC of 28.10.2009 is shown...can you check please..?
hi friend,
The 28-10-2009 represents the data Starting From date.
For getting the 200 day average proper,we had to use data from more than 200 days. And that charting has this odd presentation of mentioning the start date, but not the end date.
Thanks, have a good trading!
The date displayed is the date selected. The date where the cursor was when the chart was saved.
Will be careful nexttime.
Thanks
[..posting from guest post..away from own terminal]
The date displayed is the date selected. The date where the cursor was when the chart was saved.
Will be careful nexttime.
Thanks
[..posting from guest post..away from own terminal]
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