Best nifty trading tips - Moving average
Best nifty trading tips - Moving average
Best nifty trading tips -1
- Select EMA length half of the market cycle e.g. If you want to analyze the 1-month market cycle Choose 11 day EMA
- If we need to analyze 2-month market cycle use 22 day EMA
- Best moving average crossover is 4-9-18 days EMA
- Moving average often works as support and resistance level
- We can use moving average with volumes
- If Volume falls below 5 days moving average it reflects less public interest and sign of reversal.
- Likewise, if the volume increase above the 5 days moving average it reflects the strong public interest and confirms a strong trend
- Buy near a rising moving average - Sell near falling moving average
- Slow-moving average 200 days tells the stock trend and fast-moving average 50 days moving average tells the value zone
- Always pay attention to the value zone when you are buying and selling stocks
- Value zone for buying a stock in an uptrend and it drops near the moving averages
- Value zone for selling stocks when it is in a downtrend and touches the moving average
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