Nifty Future October Expiry Overview


Nifty Future closed the week at 8023.5 on Diwali mahurat trading session. the market has seen a sharp reversal from lows of 7752 and with positive global cues the index has managed a strong up run in short term. Majority of moves have happened with gap up’s in the same.

Time for Crude Oil to Rise?


Now crude Oil is trading around $98.30 & as we can see on charts, crude trying to bounce back from a ascending tradeline. This tradeline was able to hold crude downside move since june 2013. At present point the area represent 138.2% feb correction level which could act as support. Indicators showing a positive divergence which support a positive outlook for coming trading session.

Zinc – Major Reversal Chart Pattern in Forming.


Now zinc is trading around 2290 on lme & as we can see on weekly chart, there is a strong probability of an ABCD reversal pattern. If we look at daily chart , we find some reversal candlestick pattern also as well as indicators trading in over bought zone. We also witness a 261.8% feb correction just above the ABCD pattern finishing line. We probably use it as stoploss.

Time Machine – Relative Time Vs Relative Price

time machine

.Time demonstrates its power to bring certain far reaching transformation on our life and therefore its potential could be harnessed or tapped for useful purposes.Time is not just metric like dead weights or measuring balances of vegetables vendor. Time has life and is power.


Silver COMEX 2-April-2013

SILVER MCX (2-April-2013) on daily charts seems to be trading near to Strong support zone 51300-51100, As SILVER today has a faced major Correction, Some Relief Rally is likely and Risk and Reward Ration on initiating a Long Position at current Levels will be favorable.

QTStalker – Open Source Trading software for Ubuntu 11.10

Screenshot-Yahoo Prefs

Qtstalker is a user friendly Technical Analysis package for GNU/Linux (and hence other Unix-like systems). Similar to commercial wares such as Metastock, Supercharts and Tradestation. Keeps to a lean, simple design for speed, portability, and low resource usage. Because it uses a plugin model, Qtstalker can easily be extended.