niftyonly trading

gopicbin1

Well-Known Member
#12
Hi...what are the levels you are watching for trend change in medium and long term...:thumb:
I follow 8/34 dema crossover for medium term , which is right now at 7600 spot , that means if tomorrow nifty spot closes at 7600, medium term turns bearish :annoyed: . for long term 50/200 dema crossover.
 

stock72

Well-Known Member
#13
I follow 8/34 dema crossover for medium term , which is right now at7600 spot , that means if tomorrow nifty spot closes at 7600, medium term turns bearish :annoyed: . for long term 50/200 dema crossover.
:confused::confused::confused::confused::rofl::rofl::rofl:
 

gopicbin1

Well-Known Member
#14
:confused::confused::confused::confused::rofl::rofl::rofl:
you are confused !? :clap::clap: anyway don't worry about 7600 levels , it is a long way to go for medium term to go bearish :lol:
 
#16
I follow 8/34 dema crossover for medium term , which is right now at 7600 spot , that means if tomorrow nifty spot closes at 7600, medium term turns bearish :annoyed: . for long term 50/200 dema crossover.
Shouldn't 8/24 crossover be around 7900 (spot) ??

The chart says so..

 

gopicbin1

Well-Known Member
#17
View attachment 20085 you are saying bullish cross over in the past, but bearish crossover I am talking about. pl see the excel sheet
 
Last edited:
#19
View attachment 20085 you are saying bullish cross over in the past, but bearish crossover I am talking about. pl see the excel sheet
I see.. you are talking about a possible bearish crossover in the future.. ok, got it. Interesting observation. Never saw anyone use such an argument before.

Edit : BTW, to attach images, please upload them on an external website and then paste the link here. Click the link in my signature for instructions about the same.
 

gopicbin1

Well-Known Member
#20
1.long term bullish
2.medium term bullish
3.short term bearish, bullish if nifty spot close above 8500 :clap::clap:
pl note this system is stop and reverse...
:thumb:
 

Similar threads