Wednesday, April 4, 2012

SMO SAR for Nifty ji : for 09th Apr'12

CMP: 5323

Candles:
Spinning Top / Doji whatever you wish, says one thing --> INDECISION

Fall is on LOW VOLS . @ odds with PRICE.. so.... pinch of salt pls ! 

SMO SAR VERDICT:

1.  5-10 DEMA x-over in place.

2.  SMO SAR level = 5296 , EOD close < 5296,  will cause change in (dy/dx), & TRIGGER Exit . Till then carry LONGS created @ 5233


cheers


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