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...

Friday, October 28, 2011


Strong global cues obviously gave momentum to the rally today, though expected to rise but not as fast as it was with the gapup till 5380 levels. Price hit the major red median line exactly and rangebound through the day.No intraday signs of the upmove waning, so will hold the longs with hedging till the chart patterns emerge.

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