Friday, May 21, 2010

Nifty Futures Update!!!

4 comments:

  1. Hi Monaj,

    Nice chart once again.. I missed to see your post.. :-)..

    I benefited from the ICICI H&S formation. booked nice profits :-)..

    Is it wise to go positional long here?

    Thanks
    Gnana

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  2. manoj sir,

    ur mean reversion principle is very interesting, what bar moving average u take which we can use in 5 min or hourly or daily charts

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  3. Sekar...

    Sorry for not replying earlier...

    Take cues from charts and believe in your analysis...

    I get scared...really scared when people ask specific advise on taking positions....

    Cheers!!!

    ReplyDelete
  4. Piyush
    Hi...its not my mean reversion principle...its something I learnt and follow....

    As regards to MA's I am pretty lazy...I use 20/50/200 combo in all my timeframes...and they seem to hold me good....

    Cheeers!!!!

    ReplyDelete