Deadly combination of 34 and 8 .(Js)

bhai Pls explain in layman language.

Now we are really overburden!You shared lots of strategy,still we want to find more.I think its better to stick one or two,which suits better, with strict discipline.Nevertheless thank you sir.

good technique...but we must not depend on this one technique only...one should add this as another reference point to be doubly sure.Am I right Mr. JS?

A) to trade short-to-medium term in nifty

THANKS SIR THIS IS WHAT I GOING TO KNOW FROM U, BUT U TELL IN ADVANCE.

js ji first 34 then 8 or first 8 then 34?????

Could you pls explain with an example/chart? and what about this priceline...? Is it the CMP/Spot price?

BALA JI THIS IS BASED ON NIFTY SPOT PRICE NOT FUTURE PRICE & PRIAB JI YOU CAN GO WITH AS U LIKE EITHER 34 1ST OR 2ND WOTH WILL OK. JS JI AM I WRITE SIR.

JS SIR YOU TELL ABOUT WHEN TO BUY & SL BUT DONT TELL ABOUT DECIDING THE TARGETS, PLS GUIDE.

Dear Priyab, it is ok both ways....Dear Bala, it is the spot price near the market closing....

As per this theory 2day sesagoa has crossed its 34 EMA and let us suppose we bought it today at time of closing...lets have a live example with mock trading...Consider we made a buy at 377...JS sir could you please tell me where should I put SL...whether it should be below 8 EMA or somewhere else?

WAITING FOR YOUR REPLY, HOW TO DICIDE THE TGT?

Superb..Amazing

Siddhu jee(sry sry) Jagmohan jee(looks very similar ;-)), Could you please look the graph of ThinkSoft in this way..It damaged much more before crossover. So my point is how to follow it religiously

in sesa goa case, it is a buy signal, but pl note that since 34ema and 8 ema, both are (rare case) very close to each other, a sharp movement of 8 ema and hence the price is likely in the next few sessions. A strict stop loss of 374 (8ema) is wise. When 8ema and 34 ema are these close, it is advisable to wait a bit, but not compulsary if stop loss in place.

For the case of Rajan Sir can't we do like while buying case we can buy when it crosses 34 ema and can sell when crosses 8 ma...is it valid JS sir

hi
  great, now it becomes clear when to take positions in oversold and overbought conditions---god bless u

Rajan, Did you mean THINKSOFT (BOM:533121)CMP 245.15 ??? It is a "hold the short position" as of now till it cuts 8ema from below.

might be due to sudden fall of Thinksoft, 8ema cut visible on 18th Feb

I think ACC already given its buying signal.