Wednesday, February 3, 2010

NIFTY FUTURE 03.02.10


NIFTY FUTURE 5 DAY 15 MIN:

MACD(MOVING AVERAGE CONVERGENCE DIVERGENCE):

GO LONG:WHEN NF WAS AT 4877 MACD LINE GAVE A POSITIVE CROSSOVER THUS BUY SIGNAL WAS GIVEN AFTER WHICH NF MADE A HIGH OF 4949


GO SHORT: WHEN NF WAS AT 4937 SHORT SIGNAL WAS GIVEN WHEN MACD SIGNAL LINE GAVE A NEGATIVE CROSSOVER AFTER WHICH IT MADE A LOW OF 4909 AND CLOSED AT 4921

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