hi sirjee
going through nifty pivot point thread from where you had started discussing 4 & 5 sma on 15 min for intraday...well so far read 50 pgs but still looking to find the ans if the strategy worked on stocks as well... since it was originally meant for nifty future & banknifty only
regards,
rishi
Hello rishi,
Normally for a 15 mins charts 4,5 SMA does work .. But it whipsaws a lot...
.... Maybe if u have a hawk eye then u can use it to perfection...:thumb:
I am trying the 13,21 SMA on a 3 mins charts.... Looks good so far.... but that too doesnt deliver the correct signals when the market is dancing in the range
... Trying to develop some strategy.... will post about my findings by the weekend...
So as far as the stocks go only SG's 20/50 and Anant's 20 MA do wonders...