Hi traders,
How was the weekend? Hope went well? Yesterday I was little bit busy with my other task, so didn’t give the yesterday nifty day level.
Before going to today’s Nifty day trade level, let just review our EMA trading technique http://niftyfuturebuysell.blogspot.com/2011/08/ema-trading-technique-for-nifty-day.html , see how beautiful it has given an intraday trade yesterday.
How was the weekend? Hope went well? Yesterday I was little bit busy with my other task, so didn’t give the yesterday nifty day level.
Before going to today’s Nifty day trade level, let just review our EMA trading technique http://niftyfuturebuysell.blogspot.com/2011/08/ema-trading-technique-for-nifty-day.html , see how beautiful it has given an intraday trade yesterday.
Market after it cross the 34 EMA one new candle close above this level is our Buy level. From this level nifty reached more than 50 point. Trade with this technique in nifty futures you can get good result on day trade.
Today what we expecting from market is once nifty cross 4882 just go for long with the target of 4900, 4910, 4925 and use the stop loss at 4834
If nifty breaks 4833 level just go for short with the target of 4820, 4805, 4790 and you can use a stop loss of 4880
Using this levels or EMA trading technique you have to take long or short in Nifty futures and work with your target levels.
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