beware!!!!!!!!!

hi guys this my first interaction. I am an active investor and wish to share my thoughts.

the sensex is above 200 DMA. There is very high probabaility the the market will start its downward journy within a day or two. dont buy anything.

also today's rise is consucutive 8 the day of rise. which has almost completed the record session.

this much is sufficient.

aaabhinav

Thank you very much for your alert.

hello everybody ,
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Bye. thank you

Hi Aaabhinav,
Thanks for your warning.
BTW by DMA what do you mean?
This evening in CNBC also I saw the term.
Can you tell me How to plot it in Amibroker?

Thanks/Regards,
Sgpal

Hi sgpal,

for any scrip or index there are moving avarages which can be of duration 14 ,21 ,55 100 or 200 days or even 500 days!

This actual price in relation to its moving avarages indiacates the trend. The greater the moving avarage more reliable is its signal.So what I mean by DMA is 200 Dyas Moving Average.

hope this would suffice. Have profiatble trading

aaabhinav

Hi Aaabhinav,
Thanks for your reply. What you warned has happened today.
BTW, I have been trading for the past one year. So the term MA is not new me.
What I meant was by DMA what do you mean, SMA or EMA?
If it is SMA or EMA then why do you call it simply DMA?

Thanks/Regards,
Sgpal