• 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
1 Comment
  1. Naresh 6 months ago

    Hi,
    Click the below link for more details about the moving average.

    https://www.youtube.com/watch?v=CIMjXcBiZrA

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