At 1 pm close , prices did close (4754)below the hour low ema (4763) and thus selling .
prices did go to 4723 low so 30 points gain till now Look at this set up of sma(s) and notice how 20 sma and 100 sma are now touching , if from this point if nifty falls making 20 sma fall( which was rising from last few days now) then this will be fast fall setup .
prices did go to 4723 low so 30 points gain till now Look at this set up of sma(s) and notice how 20 sma and 100 sma are now touching , if from this point if nifty falls making 20 sma fall( which was rising from last few days now) then this will be fast fall setup .
Another sell generated at 3:00 pm close when the 20 MA chart gave a sell signal to me .Prices move and close below the hour low ema . ( red line crosses the yellow line).
