May 15, 2017

NIFTY Weekly MACD Signals

  • Nifty weekly MACD shown the good smooth signals in first chart and the Second chart shows the challenging part of trading with MACD. The second chart shows choppy signals this is when trader should use other tools or techniques to select good trades. Trading with the trend or the current direction may help traders to select the right trades.
  • Nifty daily yet to confirm weakness. Only once price moved below 20 Day SMA. Next close below this line may give bigger gains for Bears.

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