Nifty Bank Index

Trade the Trend with Moving Averages

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It is advised to do backtesting on the instruments you want to trade. You can also play with the moving average as different instruments respect different moving averages, some would respect 50 while other may respect 20 or 100.
Avoid this model in a sideways market when the moving average is flat / wavy. Trade when the EMA is trend up or down at a reasonable slope, 30-45 degrees or higher.

Hope this post will add to your knowledge.

Regards
jjsingh

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