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, March 6, 2012

6.03.2012 Tuesday

Posted by at

4 comments:

  1. Hemant HarkeMarch 6, 2012 at 8:27 PM

    Thanks for update.

    Mam you dont think more downside from here??

    ReplyDelete
  2. KavimaMarch 7, 2012 at 9:15 AM

    hi hemant
    the DT is not over.since it is a support area,if there is a retracement ,then another opportunity to short the market.Looking at minimum 5080 level on the downside and will wait to see how the waves occur...

    ReplyDelete
  3. jonakMarch 7, 2012 at 1:18 PM

    we have 2 wolfe waves now....one targettting 5420 in ..and other even higher....it should be volatile though

    ReplyDelete
  4. KavimaMarch 7, 2012 at 7:10 PM

    hi jonak

    yes,if a bounce happens from this support zone,then I would also expect it to reach 5400 zone.

    ReplyDelete

Subscribe to: Post Comments (Atom)