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What's being said about... Indian Stock Market

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Thursday 30 September 2010

Daily Nifty Levels - 01 Oct 2010 - New Expiry needs relook of strategy.

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

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Posted by Unknown at 21:01

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Market Watch

Nifty-50 Heatmap Market Watch Few Interesting Charts
This site is dedicated to all traders and friends who don't have access to expensive softwares to provide them with live charts to enable them to trade judiciously. Even I don't have one and when I joined VFMDirect ( excellent site) I was astonished at the ease with which the forum members used technical indicators like Rsi and Stoch in live markets for profitable trading. Kudos to Mr Kamlesh Langote and seniors for creating and maintaining such a beautiful source of learning in this materialistic world. Then I realised the importance of something live ( or at the least delayed) information source for effective Share Market Trading. This is my endeavour to bring all the important informations/technical indicators at one source point for a safe and profitable trading. Do use this site as your source of information in your day to day trading. I have tried to make the blog as user friendly as I can but please feel free to give your suggestions through comments.
Also, I would like to recommend Nifty intraday charts for live technical levels and world markets. Great site!!!

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