We had Golden cross today where on day charts 50 ma cross over 200 ma .
Also on day charts , 5 ema crossed over 10 ema . Both these cross overs indicating bullishness .
If in the below hour chart , 20 ma crosses over 200 ma then more upside ...If now 20 ma starts to fall then a fast fall , we have seen in recent past that this combination of 20 and 200 has worked very well for fast fall . Tomorows price action will confirm this .
Also on day charts , 5 ema crossed over 10 ema . Both these cross overs indicating bullishness .
If in the below hour chart , 20 ma crosses over 200 ma then more upside ...If now 20 ma starts to fall then a fast fall , we have seen in recent past that this combination of 20 and 200 has worked very well for fast fall . Tomorows price action will confirm this .
On day charts Fast macd crosses the zero line today ...indicating bullishness .
Missed the opportunity to enter longs when nifty dipped to 5327 yesterday .
Camarilla update
Thats it for the day !
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