Nifty Trading System
1) Go short as 13-min EMA is below 34-min EMA and 34-min EMA is below 55-min EMA.
2) RSI is below 50 (positive)
3) Stochastic is moving downward (positive)
4) RSI Should not below 30 /20 (was above 20, positive)
5) 70 mins EMA crosses below 1030 mins EMA and stays below it (Positive), We Can hold our Short Position for next day.
6) Exit Short as MACD in 5 days Chart Enter Positive zone (not need, as shown in figure below)
7) Going Short would have been in profit position today.
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