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.

September 13, 2012

Analysis for Sept 13


Nifty has closed just above the TREND LINE. Holding above 5395-5400 is important for the upmove to continue above 5500++.









SYNOPSIS:

THE STOPLOSS FOR LONGS TRAILED TO 5375 EOD CLOSE.


CHECK LIST-DAY
CLOSE54315 SMA5353
PIVOT54205EMA5369
HI EMA537810EMA5341
LOW EMA533413EMA5335
prev HI543620 Hr MA5382
prev LOW539450 Hr MA5315
20 DMA5341100 Hr MA5316
50 DMA5281200 Hr MA5324

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