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When 8 SMA < 34 SMA then the Trend is DOWN ( score -1)
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When 3 SMA < 8 SMA then the Bias is DOWN ( score -2)
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When Closing is in between 3 LMA and 3 HMA then Momentum is NEUTRAL( score 0)
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3)
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DISCLAIMER:
Stock market is very dynamic in nature, thats why predicting direction of market accurately, is impossible !!! There may be
many cases when you can totally ruin your trading account or incur huge losses, by following my calls. I hereby advise to
kindly take your own decision or take advise from registered nancial advisor. I must NOT held responsible for pro t or loss
incurred by you. I am not a registered nancial advisor and many times I have personal positions in the stocks mentioned
here. Calls posted here are for fun and educational purpose only and for paper trading, which can be traded at NSE
Pathshala (http://www.nseindia.com/NP/nse_paathshaala.htm), to study behaviour of market at different levels. Excel les
distributed here (Paid or Free), also fall in same category. They generate buy/sell signals through mathematical formulas
only and many times market does not move as per those calculated trends. So better take advise from nancial advisor.
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