Daily Candle Type - Bull Candle ( Today's close higher than last close)
Candle Sentiment - High Close
Momentum - Expiry sentiment ruled today. Tomorrow will gove a better clue. As long as close is higher than last close momnetum can come back. Ultimate Osc turns up from support, are we going for new high?
Watch out for Bollinger band upper levels and EMA for tomorrow's movement.
Daily Chart - Ultimate Osc again moving up, StochRSI reacting from OS, Money Flow Index - still appears to be in downtrend raising doubts of mass participation
Weekly Chart - Ultimate OB, StochRSI OB, Money Flow Index - OB
Open Interest - will update in due course
Check out Stock Astrology - a directory of stock market astrology sites , Indian and Global.
What's being said about... Indian Stock Market
My Blog List
Chart Options
Thursday, 30 September 2010
Daily Nifty Levels - 01 Oct 2010 - New Expiry needs relook of strategy.
Tuesday, 28 September 2010
Daily Nifty Levels - Sep 29, 2010 - Are we attempting New High in coming days?
Daily Candle Type - Bear Candle ( Today's close lower than last close)
Candle Sentiment - Mid-High Close
Momentum - Bears lost it in closing minutes today. As long as close is higher than last close momnetum can come back. Ultimate Osc turns up from support, are we going for new high?
Watch out for Bollinger band upper levels and EMA for tomorrow's movement.
Daily Chart - Ultimate Osc again moving up, StochRSI reacting from OS, Money Flow Index - reacting from OS
Weekly Chart - Ultimate OB, StochRSI OB, Money Flow Index - OB
Open Interest - shows an extreme position... this expiry should have lots of surprises.
Check out Stock Astrology - a directory of stock market astrology sites , Indian and Global.
Monday, 27 September 2010
Daily Nifty Levels - Sep 28 2010
Daily Candle Type - Bull Candle ( Today's close higher than last close)
Candle Sentiment - Low Close
Momentum - Bulls lost it in second half today. As long as close is higher than last close momnetum can come back.
Watch out for Bollinger band upper levels and EMA for tomorrow's movement.
Daily Chart - Ultimate Osc reacting from OS, StochRSI reacting from OS, Money Flow Index - reacting from OS
Weekly Chart - Ultimate OB, StochRSI OB, Money Flow Index - OB
Open Interest - shows an extreme position... this expiry should have lots of surprises.
Check out Stock Astrology - a directory of stock market astrology sites , Indian and Global.
Wednesday, 22 September 2010
Daily Nifty Levels - 23 Sep 2010
Watch out for Bollinger band upper levels and EMA for tomorrow's movement.
Daily Chart - Ultimate Osc reacting from OS, StochRSI reacting from OS, Money Flow Index - OB
Weekly Chart - Ultimate OB, StochRSI OB, Money Flow Index - moving down
Open Interest - shows an extreme position... this expiry should have lots of surprises.
Check out Stock Astrology - a directory of stock market astrology sites , Indian and Global.
Sep 21st, 2010 is a major turn date in this year. Watchout post this date. Stock Market Prediction - Turn Date 2010
Tuesday, 21 September 2010
Daily Nifty Levels - 22 Sep 2010
Watch out for Bollinger band upper levels and EMA for tomorrow's movement.
Daily Chart - Ultimate Osc moving up, StochRSI OB, Money Flow Index - OB
Weekly Chart - Ultimate OB, StochRSI OB, Money Flow Index - moving down
Open Interest - shows an extreme position... this expiry should have lots of surprises.
Check out Stock Astrology - a directory of stock market astrology sites , Indian and Global.
Sep 21st, 2010 is a major turn date in this year. Watchout post this date. Stock Market Prediction - Turn Date 2010
Monday, 20 September 2010
Daily Nifty Levels - 21 Sep 2010
Watch out for Bollinger band upper levels and EMA for tomorrow's movement.
Daily Chart - Ultimate Osc moving up, StochRSI OB, Money Flow Index - OB
Weekly Chart - Ultimate OB, StochRSI OB, Money Flow Index - moving down
Open Interest - shows an extreme position... this expiry should have lots of surprises.
Check out Stock Astrology - a directory of stock market astrology sites , Indian and Global.
Coming Sep 21st, 2010 is a major turn date in this year. Watchout for this date. Stock Market Prediction - Turn Date 2010
Sunday, 19 September 2010
Daily Nifty Levels - 20 Sep 2010
Watch out for Bollinger band upper levels and EMA for tomorrow's movement.
Daily Chart - Ultimate Osc turns down, StochRSI turns down, Money Flow Index - OB
Weekly Chart - Ultimate OB, StochRSI OB, Money Flow Index - Sensex seems to be topping out
Open Interest - Not at all sustainable for long. Call writers must be yelling for some fall.
Check out Stock Astrology - a directory of stock market astrology sites , Indian and Global.
Coming Sep 21st, 2010 is a major turn date in this year. Watchout for this date. Stock Market Prediction - Turn Date 2010
Thursday, 16 September 2010
Daily Nifty Levels - 17 Sep 2010
Watch out for Bollinger band upper levels and EMA for tomorrow's movement.
Daily Chart - Ultimate Osc turns down, StochRSI turns down, Money Flow Index - OB
Weekly Chart - Ultimate OB, StochRSI OB, Money Flow Index - nifty has a downward bias
Open Interest - Not at all sustainable for long. Call writers must be yelling for some fall.
Check out Stock Astrology - a directory of stock market astrology sites , Indian and Global.
Coming Sep 21st, 2010 is a major turn date in this year. Watchout for this date. Stock Market Prediction - Turn Date 2010
Wednesday, 15 September 2010
Daily Nifty Levels - 16 Sep 2010
Daily Chart - Ultimate Osc OB, StochRSI OB, Money Flow Index - OB
Weekly Chart - Ultimate OB, StochRSI OB, Money Flow Index - nifty has a downward bias
Open Interest - Not at all sustainable for long. Call writers must be yelling for some fall.
Check out Stock Astrology - a directory of stock market astrology sites , Indian and Global.
Coming Sep 21st, 2010 is a major turn date in this year. Watchout for this date. Stock Market Prediction - Turn Date 2010
Tuesday, 14 September 2010
Daily Nifty Levels - 15 Sep 2010
Daily Chart - Ultimate Osc OB ( nifty shows turning down), StochRSI OB, Money Flow Index - OB
Weekly Chart - Ultimate OB, StochRSI OB, Money Flow Index - OB ( nifty has a downward bias)
Open Interest - Not at all sustainable for long. Call writers must be yelling for some fall.
Check out Stock Astrology - a directory of stock market astrology sites , Indian and Global.
Coming Sep 21st, 2010 is a major turn date in this year. Watchout for this date. Stock Market Prediction - Turn Date 2010
Monday, 13 September 2010
Daily Nifty Levels - 14 Sep 2010
Daily Chart - Ultimate Osc OB, StochRSI OB, Money Flow Index - OB
Weekly Chart - Ultimate OB, StochRSI OB, Money Flow Index - OB
It is interesting to note that weekly Money Flow index for Nifty is going downwards. Money flow index is important as it takes into accounts positive days and negative days. Then why after such a bullish run is the MFI going down. Only market can give us the answer in coming days.
OI analysis - Options OI shows a peculiar position which is highly unsustainable. Let's see how this gets resolved in next few days or weeks.
Sunday, 12 September 2010
Daily Nifty Levels - 13 Sep 2010
Market testing patience of traders.. maybe flushing out weak bears. Market clearly overbought and bollinger bands show that volatility has increased so downfall may be severe. It pays to follow the BB levels
Daily Chart - Ultimate Osc OB, StochRSI OB, Money Flow Index - turns down from OB level
Weekly Chart - Ultimate Osc getting OB, StochRSI OB, Money Flow Index - getting OB(sensex)
OI analysis - Market ripe for correction.
Wednesday, 8 September 2010
Daily Nifty Levels - 09 Sep 2010
Doji formed today indicating indecision. Nifty has tested Upper bands and now should test mid band i.e EMA levels. Bollinger band width has increased and now down days can also be century days. Be careful at top. Play the levels.
Daily Chart - Ultimate Osc OB, StochRSI OB, Money Flow Index - turns down from OB level
Weekly Chart - Ultimate Osc not clear, StochRSI OB, Money Flow Index - tapering down
OI analysis - Market ripe for correction.
Tuesday, 7 September 2010
Daily Nifty Level - 08 Sep 2010
Daily Ultimate Osc getting overbought ans on weekly it is stilll undecided. StochRSI is getting overbought on both Daily and weekly. Money Flow Index is showing negative flow in weekly, need to watchout.
OI calculation now clearly points out there should be a fall to eat premiums in ITM Call and OTM put.
Daily Nifty Levels - 7 Sep 2010
Daily Ultimate Osc reaching overbought stage and weekly Ultimate Osc going nowhere. StochRSI on daily and weekly reaching OB stage. Money Flow Index on weekly is giving a warning signal in terms of the up move.
THe major cause of worry now is the ITM Call value where it is ripe for some premium eating. If you have been following the OI calculations then it is quite evident that market moves such that OI premium can be eaten and ITM call OI premium is a delicious dish now in coming days so beware of being ultra bullish and play the levels.