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 1, 2012

ANALYSIS FOR FEB 1

Nifty closed near the Month High at 5199 well above the 5EMA and 10 EMA but below the Month Hema. Month levels remaining above the 5EMA would help Nifty to push further upwards.

Monthly chart:




 Month Levels 
CLOSE5194
PIVOT4964
HI EMA5286
LOW EMA4684
5 EMA5002
10 EMA5165
PrevHigh5217
Prev Low4588



CHECK LIST-DAY   
CLOSE5194  
PIVOT51705 SMA5154
HI EMA51475EMA5139
LOW EMA508010EMA5078
prev HI519613EMA5044
prev LOW512026EMA4973
100 DMA495220 Hr MA5157
200 DMA520350 Hr MA5115


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2 comments:

nath said...

hi satheesh
if i go to bse charting and plot monthly candlesticks i,am getting different picture.why

February 1, 2012 at 2:13 PM
satheesh said...

@ nath,

I do not have sensex charts.

February 1, 2012 at 7:19 PM

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