Nifty Positional Trading System Generates BUY

By | February 22, 2011 12:28 am

Nifty Positional Trading System

As per Nifty Trading system which can be accessed by clicking on above link Nifty has generated Buy signal after Sell was generated @5998 levels.

5 EMA@ 5482

20 SMA@ 5464

MACD is in Buy mode

RSI above 50 which if hold nifty rallies

The same has been verified in charts,Hence We should intiate Longs with SL of 5460 on closing basis.

Targets should be 5600 and 5639(200 SMA) and above that we need to ride the wave with trailing SL.

Last Time System Generated SELL Call@5998 which went down till 5177

Category: Daily

About Bramesh

Bramesh Bhandari has been actively trading the Indian Stock Markets since over 15+ Years. His primary strategies are his interpretations and applications of Gann And Astro Methodologies developed over the past decade.

2 thoughts on “Nifty Positional Trading System Generates BUY

  1. AAR VEE

    Dear Bramesh,

    Thanks for reciprocating by adding my blog link to ur esteemed site.

    Hope it helps ur visitors in trading and investing.

    Keep up ur good work.

    Regards

    Reply
    1. bramesh Post author

      Dear Sir,

      Please do not thanks me.It’s my pleasure to add ur blog in my blogroll.

      A person with your caliber and knowledge has and will be an inspiration for people like me who want to learn and make money in the Financial Jungle.

      Your post are truly en-lighting.

      Rgds,
      Bramesh

      Reply

Leave a Reply