| TODAY | |||||||||
| 29-05-13 | 6113.40 | 6113.40 | 6055.55 | 6090.25 | 12157 | 6102 | 6044 | ||
| xOpen | |||||||||
| DATE | HDWM | 5HEMA | 5LEMA | 5CEMA | B/BD | S/SR | CLOSE | UP | DN |
| 29-05-13 | HA | 6123 | 6027 | 6078 | BPS | SR | 6077 | ||
| MAY'13 | M | 6078 | 5703 | 5904 | BB | X | UP | 5929 | |
| 31-05-13 | W | 6118 | 5911 | 6032 | BD | BPL | 6239 | 5972 | |
| 29-05-13 | D | 6111 | 6029 | 6080 | BD | BPL | 6130 | 5972 | |
| 21SA | 34SA | ||||||||
| 29-05-13 16:00 | H | 6091 | 6069 | 6079 | BD | BPL | 6085 | 6067 | 6036 |
| L/S | T/F | CLOSE | 5DCEMA | 5WLEMA | 5WHEMA |
| LONG | TRUE | 6090 | 6080 | 5703 | 6118 |
| LG SQ UP | FALSE | 6090 | 6080 | 5703 | 6118 |
| SHORT | FALSE | 6090 | 6080 | 5703 | 6118 |
| SH SQ UP | FALSE | 6090 | 6080 | 5703 | 6118 |
| NO LONG | FALSE | 6090 | 6029 | 5911 | 6118 |
| NO SHORT | FALSE | 6090 | 6111 | 5911 | 6118 |
Hint is Bullish View with Target of 6118 with SL of 6080 for intra-day.
6080 is also 5 days' Close EMA.
Better to keep SL of 6032 - 5 weeks' close EMA.
So long as Close is above Monthly High EMA of 6078 at Close Level, there seems to be no signal of Profit-booking in Longs.
As Projected High-Low for tomorrow is 6102-6044 as per Thomas Demark Theory, it would be ideal to BUY at Declines, with SL of 6032.
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