Articles tagged with: Nifty trading System
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5 EMA Weekly Trading Strategy can be basically used for positional traders who trade on weekly data and do not care of daily volatility in Nifty.
RULE 1: Below 5 EMA we are in a bearish Scenario and SL is closing above 5 EMA
RULE 2:Above 5 EMA we are in Bullish scenario in Short term and SL is closing above 5 EMA
As you can see in above Chart Nifty taking support at 5 EMA and bouncing back.So we need to keep 5 EMA as SL for …
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Following is Nifty Intra Day trading System which can be used by Intra Day traders to make Profitable trades.
I call this Trading System Nifty SMA Cross Over System
System Consists of :
1. Open the Nifty Intra Charts Site — http://niftyrtcharts.blogspot.com/ . Go to 3 Chart where our Trading System is Present.
[Click on chart to Enlarge]
2. You will see the following Charts with following Averages and Indicators
10 Mins Candelstick Chart Pattern
5 Mins EMA — Green Line
20 Min EMa — Red Line
Stoch Indicator and RSI Indicator
Take Short When 5 Min EMA ie. GREEN …

