niftyonly trading

gopicbin1

Well-Known Member
Nifty spot closed 11594.45

Long term bullish
Medium term bullish
SHORT TERM BEARISH, BULLISH IF CLOSES ABOVE 11615
8DEMA 11665

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gopicbin1

Well-Known Member
Nifty spot closed 11575.95

Long term bullish
Medium term bullish
Short term bearish, bullish if closes above 11610
8DEMA 11645
 

gopicbin1

Well-Known Member
Nifty spot closed 11726.15

Long term bullish
Medium term bullish
SHORT TERM BULLISH, BEARISH IF CLOSES BELOW 11620
8DEMA 11665
 
8DEMA is 11665. But you have mentioned bearish if closes below 11620.

How did you calculate the figure 11620 ?

Sorry if I missed anything and you can point me.
11620 must be the MDA line.



He rounds it off to the nearest 5 points.

Edit : I didn't know that Fyers save image does not show the values of the indicators :)

1556113378542.png
 

gopicbin1

Well-Known Member
Nifty spot closed 11641.8

Long term bullish
Medium term bullish
Short term bullish, bearish if closes below 11620
8DEMA 11660

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gopicbin1

Well-Known Member
Nifty spot closed 11754.65

Long term bullish
Medium term bullish
Short term bullish, bearish if closes below 11635
8DEMA 11680
 

gopicbin1

Well-Known Member
Nifty spot closed 11748.15

Long term bullish
Medium term bullish
Short term bullish, bearish if closes below 11650
8DEMA 11695
 

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