Friday, May 21, 2010

Nifty Futures Update!!!

4 comments:

bullvsbear said...

Hi Monaj,

Nice chart once again.. I missed to see your post.. :-)..

I benefited from the ICICI H&S formation. booked nice profits :-)..

Is it wise to go positional long here?

Thanks
Gnana

Piyush Sharda said...

manoj sir,

ur mean reversion principle is very interesting, what bar moving average u take which we can use in 5 min or hourly or daily charts

Tryin2Trade said...

Sekar...

Sorry for not replying earlier...

Take cues from charts and believe in your analysis...

I get scared...really scared when people ask specific advise on taking positions....

Cheers!!!

Tryin2Trade said...

Piyush
Hi...its not my mean reversion principle...its something I learnt and follow....

As regards to MA's I am pretty lazy...I use 20/50/200 combo in all my timeframes...and they seem to hold me good....

Cheeers!!!!