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 March 8 2011


Nifty traded in very narrow range and has closed just below DHEMA 5525 but above the 5DEMA (5491) and Week 5EMA.

Intraday plan for 9th march:

Buy above 5530 SL Hourly close below 5520 Trail SL till closes below HrHEMA
Sell below 5520 SL hourly close above 5530.

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