Thursday, January 28, 2010

NIFTY FUTURE 28.01.10



NIFTY FUT 5 DAY 10 MIN:

MACD(MOVING AVERAGE CONVERGENCE DIVERGENCE):


GO SHORT: WHEN NF WAS AT 4904 SHORT SIGNAL WAS GIVEN WHEN MACD SIGNAL LINE GAVE A NEGATIVE CROSSOVER AFTER WHICH IT MADE A LOW OF 4820 AND CLOSED AT 4885


GO LONG:WHEN NF WAS AT 4849 MACD LINE GAVE A POSITIVE CROSSOVER THUS BUY SIGNAL WAS GIVEN AFTER WHICH NF MADE A HIGH OF 4900

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