Trading with Median lines is a system and a leading indicator suitable for Swing trading.I am following this strategy for Nifty and Bank Nifty with good results.Those interested to trade with Charts and Price action to analyse target price, support and resistance levels will find this strategy very interesting.

Feedback welcome!Happy trading...

Tuesday, September 27, 2011


The gap open was a surprise, but with the global markets moves,was probably a possibility.The resistance expected at 4920 was broken on the upside after the first 2 hours and no looking back...
My expectation was a steady rise towards the resistance levels and price bars to show a negative turn which did not happen so did not enter any short trade.Will watch out for resistances at higher levels at 5000-35 range , the next resistance band for any negative cues.

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