This blog is my trading diary. It is an attempt to organise my analysis and thoughts. I follow the charting methods given in JUST NIFTY blog by Ilango sir and so the charts would have striking resemblance to his charts. I am indebted to Ilango sir for having made this blog possible for me.
March 18, 2011
Analysis for March 18
Nifty has closed below all 5EMA's and High EMA's and above all Low EMA's. Momentum will return back with a hourly close above 5475 and sustaining above that because it would result in a weekly close above Week EMA and Day EMA.
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