200-DMA level

sudoku1

sudoku1

Well-Known Member
#2
#2
columbus said:
Now 200 DMA level of nifty is quite far at 5234 ,that means well over 700 points away.
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as posted by me several times......200dma alone is good for nothing indicator.....its just a pscological fig which relates 2 an average of 200 days of trading in a year & nothing else.....:)
 
R

rajivkhatlawala

Member
#3
#3
sudoku1 said:
as posted by me several times......200dma alone is good for nothing indicator.....its just a pscological fig which relates 2 an average of 200 days of trading in a year & nothing else.....:)
Click to expand...
Sudoku1 ... I disagree.. 200DMA is very informative ... and is useful for not only long term traders but also for short term traders... wait for my second book for details on this !!!

CA Rajiv Khatlawala
 
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