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.

February 15, 2012

Analysis for feb 15


Nifty closed above the Day Hema after two days of pause - which shows strength. Intraday weakness below the Day Hema.

INTRADAY TRADES:

BUY ABOVE 5415 SL 5400NS book out near 5460 levels corresponding to Channel  resistance.
SELL below 5460 SL 5475 Book out near 5420 levels.




CHECK LIST-DAY   
CLOSE5416  
PIVOT54075 SMA5399
HI EMA54125EMA5392
LOW EMA534410EMA5339
prev HI542813EMA5303
prev LOW537826EMA5135
20 DMA521620 Hr MA5390
200 DMA518350 Hr MA5375

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