As Trading Week is likely to end its good to look at weekly 5 EMA charts
Weekly 5 EMA chart points to the support zone of 4937. Nifty could give a fresh weekly sell signal if nifty closes below 4937
Related Readings and Observations
Nifty, Bank Nifty and DowJones turns to Buy mode on 90 min charts Yesterday Nifty,Bank Nifty and Dow Jones turns to buy mode on 90 min ichimoku charts with supports coming around 4971, 9414 and 11047 respectively
Learn How to Apply Fibonacci Retracements to Your Trading Fibonacci is the mathematical basis of the Wave Principle. You will often find that Elliott waves correct in terms of Fibonacci ratios. The following article explains what you can expect […]![[Premium] : Market Profile Tutorial on How to Deal with Exponential Emotional Information](https://i1.wp.com/www.marketcalls.in/wp-content/uploads/2018/10/NIFTY_I-30-Minute-2018_10_24-02_46_47.png?resize=150%2C150&ssl=1)
[Premium] : Market Profile Tutorial on How to Deal with Exponential Emotional Information Market Generated Information is the key to better market understanding which tracks what out competition is doing and how dumb they really are. This tutorial explains how we can understand […]
Nifty and Bank Nifty trading for 26th April 2011 Nifty and Bank Nifty turned to buy mode with supports coming around 5780 and 11800 respectively Still Call writers are heavy near the 6000 zone which could be the tough resistance for the […]
Nifty Futures and INFY 500 Tick Charts and Profile Update Nifty futures turned to maintains the positional buy mode in the 500 Tick Charts by EOD. Currently the support zone come near 5557.67 and reverse the position to sell mode if the support […]
25 Years of Niikkei GANN Chart
The long term Bear market for Nikkei started right from 1989 onwards and still continuing for the past 20 years with minor bull ralliesSource:
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Please can you explain how to read Nifty open intrest option data,(wot it indicates for this month closing) question also raised @ VFM forum