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Weekly Charts of Reliance closed below fresh 4 week low. Also top formationwitnessed in weekly charts. Symbols alarming for next week. Also when nifty and reliance makes historical circuits…. truly reliance whas leading nifty by that time. After hitting circuits, a day later nifty was trading near 4200 and reliance near 2400 levels. And currently nifty is trading above 4300 but reliance is trading near 2040 levels
1)Reliance(market leader) is underperforming Nifty. And as per dow theory it is a sell for next week
2)As per Donian chain rule Reliance closed exactly …

ShareMany of our readers requested how to trade trin. Here is an extract from “Mastering the Trade – John.F.Carter” about his knowledge on TRIN. Most Educational material on “How to use the Trin”. tell traders that “over 1.0 is bearish, so consider shorting and under 1.0 is bullish so consider buying” That statement is annoying and misleading, and it brings me to first rule when to use trin
I dont care what the current reading is
I only care about the current reading in relation to where it has been
In other words what …

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Today 10 day SMA of Trin Shoots above 1 and closed just above 1.6(Oversold Levels). 
And todays shoot is just an act of panic selling. And 1.6 levels Indicates bottom days
for Nifty are very near.
Source:
www.marketcalls.in

ShareSharp Decline in TRIN below 1 indicates bullishness. Also indcates the continuatiion of
fresh uptrend for Nifty
Source:
www.marketcalls.in

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Trin Dips below 1 a bullish signal for short term also find the fibonnaci charts for Sensex. Next resistance comes near 16282.64(61.8% Retracement) and supports near 14700 levels(50% Retracement). Just maintain cautious if once again sensex dips and closes below 14700 levels
Source:
www.marketcalls.in

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10 day SMA of trin Dips below 1 this time which is a sign of bullishness. Looks a fresh breakout is possible with based supports at 4533 and 4412
Source:
www.marketcalls.in

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10 day SMA of Trin Near 1. Avoid shorting until Nifty Dips below 4509. If Dips below 4509 then trend will be rangebound between 4509-4253 Also have a close eye on trin. Trin Dipping below 1 now provides buying oppurtunity in the market. Negative Factors: 1)Lower PCR(0.82) suggests overconfident markets… but not a bullish nature 2)Weekly RSI-2 of USD Index trading below heavily oversold levels. Possibly this could invoke FII selling in short term 3)TRIN Still abpve 1 4)Negative Divergence in Hourly charts 5)Weekly …

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Chart shows TRIN update for NYSE Composite Index. 10 day of SMA is currently above 1(Bearishness) and also trading above
for a very long time.
Source:
www.marketcalls.in

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10 day SMA of Trin Recovering from Oversold Levels(1.7) with showing some rise in the markets. Now trin is targetting towards the value 1 with rising markets in short term. But 10 day SMA of Trin dipping below 1 is considered to be a buying oppurtunity in our markets until then wait for 10 day SMA of TRIN to dip below 1. Until then liquidate your profits in every rise and and stay with cash.

Source:
www.marketcalls.in

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From the trin charts it is seen that the first buy signal arrives from the trin chart. When the 10 day of
SMA of TRIN dips below 1(Bullishness). i.e when nifty shoots above 2830. At the same time there is a 
bullish 5/13 EMA crossover happened in Nifty daily charts. Since then market is moving with 13 EMA
as base resistance. Whenever market reaches oversold levels(i.e RSI-2 greater than 90-95) Nifty tries to
bend towards 13 day EMA. 

As of Now Trin shoots above 1(Bearisness) after Nifty hitting historical circuits. And …