Our New Look Charts
We have had a weird day trading the markets so far. The markets have done 5865 against our projected drop to 5855/ 5840 and the bank Nifty has tanked below OCT lows of 11430. The day is not over and we feel we will see good movement till the close. But here’s a chart of […]
Charts
Nifty spot Nifty Future : Bank Nifty :
McClellan Oscillator Update
There has been a lot of curiosity and interest revolving around the McClellan oscillator and the past two weeks we have been receiving a couple of emails everyday on it’s working. In his post dated 28th November, Shai has explained the working of this great indicator of market sentiment and I would encourage all to […]
Repeat
The Nifty future and the Bank Nifty today did an exact repeat of the activity yesterday. Sell at the open, consolidate in a small range for the most period and sell off in the afternoon followed by a rise into the close. The Nifty was sold at the open below value area low of yesterday […]
MO and 10-D AD ratio chart
What’s the connection between Euro and Nifty?
—-No description – just one chart is enough … ——————————————————————-——————————————————————- Just continuing on Girish’s thought further I thought of adding two more charts to his post ( Excuse me Girish for barging in, but really like the line of thought) This is a chart of euro from 2008 onwards.The pink dotted line is the euro […]
bell shape & b
The sell-off which began at 12480 yesterday in the Bank Nifty seems to have abated at 11750 in the Bank Nifty and the touch of 11690 later in the day, a previous HVN seems to have confirmed a ‘b’ shaped profile in the index. It tells us that the shorts from 12480 and 12225 seem […]
Patience Please – From BkForexAdvisors.com
Patience Please (BKForexAdvisors.com) Want to know what is the greatest enemy of most traders? Patience. Most of us simply get in and out of our trades way too quickly making our entries too early and taking our exits too fast. For those of us who trade on intra-day basis the problem is even worse as […]
charts for 03./12
Nifty : Bank Nifty :
neutral day
After a normal day yesterday, the markets put in a neutral day today with the longer time frame players making their presence felt. The difference between the two days, is that in a normal day the longer time frame player is absent and prices usually drift like we saw yesterday. But today after the small […]