niftyonly trading

[gopicbin1]

Once again, it seems that MDA below the EMA in a bullish scenario is not good news. Let's see how it goes on Monday.

as can be seen above , both nifty and 8ema values above mda is bullish

 

[timepass]

as can be seen above , both nifty and 8ema values above mda is bullish

But MDA being the faster one, it should be more in the direction than the EMA. Let's see.

 

[gopicbin1]

Nifty spot closed 10737.6

Long term bullish
Medium term bullish
SHORT TERM BEARISH, BULLISH IF CLOSES ABOVE 10790
8DEMA 10790

 

[timepass]

Nifty spot closed 10737.6

Long term bullish
Medium term bullish

SHORT TERM BEARISH, BULLISH IF CLOSES ABOVE 10790

8DEMA 10790

 

[kingkrunal]

View attachment 32712

Is it possible for you to share this excel ? I am looking at MDA formula but not able to enter into excel .. messed up mind

 

[gopicbin1]

Nifty spot closed 10886.8

Long term bullish
Medium term bullish
SHORT TERM BULLISH, BEARISH IF CLOSES BELOW 10795
8DEMA 10810

 

[timepass]

Nifty spot closed 10886.8

Long term bullish
Medium term bullish

SHORT TERM BULLISH, BEARISH IF CLOSES BELOW 10795

8DEMA 10810

 

[gopicbin1]

Nifty spot closed 10890.3

Long term bullish
Medium term bullish
Short term bullish, bearish if closes below 10805
8DEMA 10825

 

[gopicbin1]

Nifty spot closed 10905.2

Long term bullish
Medium term bullish
Short term bullish, bearish if closes below 10820
8DEMA 10845

 

[gopicbin1]

Nifty spot closed 10906.95

Long term bullish
Medium term bullish
Short term bullish, bearish if closes below 10830
8DEMA 10860