- A simple moving average (SMA) calculates the average of a selected range of prices, usually closing prices, by the number of periods in that range.
- A simple moving average is a technical indicator that can aid in determining if an asset price will continue or if it will reverse a bull or bear trend.
- A simple moving average can be enhanced as an exponential moving average (EMA) that is more heavily weighted on recent price action.
- ON EICHER MOTOR chart sma indicates bullish reversal momentum
- my trading plan is
- buy above 2662
- S.L: 2555
- TARGET :2770
simple moving average(9) indicates bullish momentum on EICHER MOTORS
feel free to call us +919500077790 info@eqsis.com
Stock Analysis
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Bullish View
Bearish View
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Hi,
Click the below link for more details about the moving average.
https://www.youtube.com/watch?v=CIMjXcBiZrA