15/12 observation

Yet another +ve divergence seen in hourly charts , with 14 RSI  Also nifty at the upper band of the channel . Moving average channels ( 5hour high , 5 hour Low) has again given a buy today at 2 'oclock close .
at 4840-4850 lvls . Stop loss at close below 5 Hour low.

Let me maintain a trade table for MA Hour channel .

Date	Position	Size	Entry	Sl	Exit	P/L
15-Dec-11	Buy	100	4745	4700