Nifty Technicals for 31 March Expiry Week

Trading is an art which requires Discipline and Control your emotions.I come across many people who wants a system which generates BUY and SELL call but my friends no system in this world can put human emotions and hence your MIND is best system.

Discipline and Self Control (Fear/Greed) are the best tools for a TRADER. 

I have shared 5EMA and 20 SMA system Just want to share the Result of the System


I have applied the 5EMA/20 SMA system on Hourly chart and Have a look at the result.
Whole move from low of 5400 to high of 5600 has been captured.

On Hourly Chart there are 2 gaps remaining 5500 and 5531 levels which should provide support in case of correction.
Hourly Indicators are overbought but this should not be used to Short market as Indicators can remain overbought and oversold for extended period of times.

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