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 9, 2011

EOD mar 9


WEAKNESS: Nifty has again closed(5531) below the DHEMA ( 5539) - indicating weakness though it    made a high of 5563 and got resisted during opening.  The 5EMA is below the 5SMA .

STRENGTH: Found support near 10D EMA @ 5479 and Closed above Day EMA and Week EMA. 13, 21 and 34 day EMA above SMA.

            
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