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Polaris |
aloktewari White Belt
Joined: 18 Aug 2009 Posts: 20
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Post: #1 Posted: Fri Jul 09, 2010 6:57 am Post subject: Polaris |
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Polaris price has not touched 3 EMA for last 2 days. It will retrace back on 9th July to touch 3EMA which is around 193.5. Shorting at higher levels can give 3 to 4 points intraday.
Cheers !!!!
Alok TEWARI |
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sumesh_sol Brown Belt
Joined: 06 Jun 2010 Posts: 2344
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Post: #2 Posted: Fri Jul 09, 2010 7:36 pm Post subject: Re: Polaris |
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aloktewari wrote: | Polaris price has not touched 3 EMA for last 2 days. It will retrace back on 9th July to touch 3EMA which is around 193.5. Shorting at higher levels can give 3 to 4 points intraday.
Cheers !!!!
Alok TEWARI |
Alok, excellent observation.. BTW , I'm new to TA, can you please explain me what exactly is this "3 EMA", what I understand is that this is 3 days EMA.. How can I spot such opportunity in any security.. Kindly elaborate so that new people like us can be benefitted....
Thanks & Regards,
Sumesh |
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