Nifty 8DMA plus minus trading stratagy

[sspatil]

Now keep a watch on 7864 spot level. If breaks short nifty as per strategy rule. Stop loss 27 points tatget 70 points

 

[vasan56]

8 dema is 7900 spot.

 

[sspatil]

today if 7900 breaks. short as per strategy :thumb:

 

[ramshirsath]

gm dear broken sl 7927 spot target 7830

 

[vasan56]

Target achieved.

 

[sspatil]

Rocking gain again from strategy. Excellant setup strategy proved again. :clap::clap::clap::clap::clap::clap::clap: Nifty 70 points acheived and still counting almost 125 points again if trailing

 

[Silentshadow]

Precisely, I didn't trade but this strategy is bang on this time :clapping:

* EMA 8 --- > 7900
* SHORT below ^^ ----> SL | 7927 ... Target | 7830
* Buy Above ^^ --- >> SL | 7873 ... Target | 7970

 

[Fundootrader]

whats news on 8EMA in the falling market

 

[niftynewsnation]

On EOD basis 8 EMA value is 7573.83, only a few points above the high of the day (15.1.).

 

[sharktooth]

The 8 DEMA is 7427. Can we expect 70 point gain from this level.