New Tools and Feature Updates From Marketcalls

Tool Upgrades

Recent tools, features ,enhancement , upgrades at Marketcalls to make tools user friendly and provide one step better solution ahead of others. Addon Features on Interactive Charts, Access to Gold and Silver rates across Major Cities in India, more Compatibility to mobile friendly users, Payment Gateway for Subscription based clients, Extended Customer Support and lot more to come.

Things to Know About IRCTC RuPAY Debit Card

IRCTC-UBIprepaidCard

IRCTC RuPay debit card is an addition to the cashless payment system. It is launched by National Payments Corporation of India (NPCI) and is the first payment gateway system in India. The card is offering both virtual and physical options for the customers. It is in the line of Visa or MasterCard. The card is now can be used to make bookings and made payments for booking in rail.

Nifty Future Weekly Observation 30-March-2015

niftyweeklyreport

As shared in our previous weekly report nifty future break down after the channel was broken and trend continued in favor of bears. The march series has been what the most bears had been waiting from so many months. A complete correction with added volume and deeper cuts with no respite for bulls at any levels. A cut of 358 points on spot was witnessed in March FnO Expiry week.

Credit Card Against Fixed Deposit Explained

Credit cards

Getting a credit card has never been this easier before. Now banks like ICICI, Axis, SBI and such others are issuing credit cards against the fixed deposit accounts opened with them. This new idea is formulating in the market virally as the banks aggressively marketing this product in the market with a new enthusiasm.

NYMEX Crude Might Hit Back Again

OILH4

Now crude is trading around $48.94 & as we can see on charts, its approaching to the broken tradeline of last symmetrical triangle pattern. This recovery seems to be a corrective one due to less volume & weak candlestick structure. However small timeframe charts showing some positivity but day & weekly charts are still bearish.

High Probability Bottom in Nifty Future? April Series Outlook

Smooth Oscillator

High probability bottom signal in Nifty Future on the EOD charts. Autocorrelation maintains negative which indicates a possible mean reversion mode in Nifty futures and the oversold smooth oscillator indicates the oversold level. 8498.1 is the previous low on 10th Feb 2015. And also noticeably there is a gap below 8427 which remains open since 15th Jan 2015.

Gold Recovery So Far Confusing.

gold 4 hr

Now gold showing recovery from previous bottom level & also broken from a shot term descending channel as shown in picture. However this breakout  is not supported well in terms of volume & that force us to stay concern about this upside rally. The strength of this rally will be tested on $1205 once.

Nifty Future Weekly Observation – 23 March 2015

niftyweeklyview

We have witnessed three outside bearish reversal bars in march month every week, Even After a gap up opening on any global positive news or local triggers market has not been able to hold the gains or reverse the trend and has declined sharply in favor of the bears. On the broad range from chart above one can clearly see the trading range for nifty future since january 2015 till date.

Live Market Profile Charts – Open Beta

Market Profile

Recently added Market Profile Charts in Open Beta mode. Currently allowed access to Nifty and Bank Nifty Current month futures and will run till this end of the month later could extend to more instruments. By studying Market Profile one can understand the evolving auction process which is quite helpful to take a matured decision in their Intraday trading.

Code Snippet – Normalized Volume

Nifty Future Normalized Volume

Studying the Volume behaviour in a stock and index futures plays a critical role in studying the supply and demand behavior. What if we want to rate the volume with relative to last 50-bars. In such a scenario Normalized Volume Comes into picture. Normalized volume is a volume divided by its average.