Monday, 16 September 2013

Trade Plan 16th Sep :

NIFTY :

Going with only weekly charts. 

Close above 13/22 ema.
MACD : Signalling a massive up-move possibility.
Volume : Dropping with upmove , putting bullishness in doubt. 
                 Last truncated week has contributed too.






Heavy Volumes shall resume this week ?

I am prefering to stay Long till 5825 is not neatly bowled out.  Odds are wiser as I am looking for a massive upmove.

SS

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