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...

Wednesday, November 9, 2011

9.11.2011_Wednesday


Price moved upto resistance and then into the support zone today and broke down the trendline / orange PF trigger line , below 5270-5250 negating any upmove for now.We have to watch out for the downside supports at 5200 and 5140 ( 38.2%R ) - 5120 zone (support at Red LMLH) .

No comments:

Post a Comment