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

Due to some technical difficulty at Google end Stock Market Prediction and Stock Calls Tips blog have been put offline. My sincere apologies for any inconvenience. I have raised the issue with Google and am waiting for their response.

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

Check out Stock Astrology - a directory of stock market astrology sites , Indian and Global.


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.



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!!!

Watch this space for more information in the coming weeks on...........

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