SDA2 EOD Buy or Sell Signals are shown for World Commodities (Gold,Silver,Lead,Tin,Oil, Sugar, Cotton…etc). Rates are denominated in dollar terms. Buy Signal continues in gold since February 2011. Recent Sell signal in cotton. Aluminium,OIL,Silver,Sugar,zinc holds the recent buy signal as per SDA2 Trend trading system. Check for the gallery for EOD charts with buy or sell signal.
Download MCX NCDEX Eod Data for Amibroker Till 27-May-2011
Nifty and Bank Nifty in buy mode with supports coming around 5380 and 10450 respectively.Higher Open Interest for June seurues seen in 5000PE and 5300PE indicates strong supports around these zones.
Nifty and Bank nifty still in sell mode but very close to the ichimoku cloud resistance zone 5430 and 10500 respectively. Reverse your positions to longs if resistance breaks on the upper side.
From the Nifty 50 pack i’d like to IDFC(CMP : Rs132) and DLF(CMP : Rs 219) as both are trading in the buy zone for the couple of days. As per SDA2 trend trading system DLF turned to buy mode on 11th May 2011 since then it is trading sideways with trailing support coming near to Rs 213. And also IDFC is since buy mode for the last three trading sessions with trailing stoploss coming near to 127.4.
Download Complete EOD database for Amibroker since the starting of NSE upto 20th Mar 2011
Nifty and Bank Nifty is in sell mode on 90 min charts with ichimoku cloud resistance near 5497 and 11787 respectively
Nifty in sell mode with ichimoku cloud resistance coming near to 5532 and 10970 respectively. Higher Open Interest builtup seen in 5600 calls(call writing. Possibilities of nifty sustaining below 5600 for current series.
Nifty and Bank Nifty turned to sell mode last friday with resistance coming near to the zone 5540 and 11000 respectively.
Nifty and Bank nifty nears the support zone 5530 and 11970 respectively but still on the buy mode. reverse the position if the supports breaks..
Nifty turns to buy mode with ichimoku cloud supports coming near to 5525 similarly bank nifty too turns to buy mode with supports coming near to 10900. Reverse the position to shorts only if the support breaks.