My Basic Trend Following system :
EMA-9> EMA>21>EMA> 63> EMA> 200.
RSI > 55
Weekly bases - Minimum 4 weeks.
Volume up by 200% .
Some others point to note :
Institutional sponsorship must.
Leading group
Annual Growth > 15 %
Quarterly growth > 15%
PEG <2.5
More from Learning @ Prakash
Limited take on Nifty :
~ Dollar Index closed above 93 , which is not good for EMs
~ For further weakness you have close below EMA-9
~ Their is 30 % probability you will test EMA-21 before 6th Oct
~ 2 big macro triggers , Crude & Dollar Index
~ Review daily , no fix view
~ Dollar Index closed above 93 , which is not good for EMs
~ For further weakness you have close below EMA-9
~ Their is 30 % probability you will test EMA-21 before 6th Oct
~ 2 big macro triggers , Crude & Dollar Index
~ Review daily , no fix view
Means Monday gap down ?
— Nirav S. Karia (@caniravkaria) September 18, 2021