Nifty CMP : 4283
Check out the earlier signals from Stock RSI which is currently at
oversold levels – 85.2. Stoch RSI showing a clear Earlier signals Before every Meltdown in Nifty. Investors are requested to remain cautious as we break the major future support levels 4378 and 4311. Every Rise could be used as a oppurtunity to sell. Traders can concentrate on September Nifty Shorts as the expiry is nearing.
Supports : 4250 and 4162 few bouce backs can be expected at these level and Nifty Upside limited to a maximum upside of 4508 before a breakdown journey
Related Readings and Observations
U.S. Dollar : Why It Pays to Use the Elliott Wave Model The basic Elliott wave pattern for financial markets is five waves in the direction of the main trend with corrections, i.e., moves against the trend, unfolding in three waves.
USDINR MCX Future Hourly Charts for 10th August 2012 Trading USDINR August Future – MCX Contract today turns to positional sell mode on the hourly charts with trailing supports coming around 55.508 respectively. Reverse to positional sell mode if […]
What to Expect at a Critical Market Point: End of a Wave 2 Rally The great game of Wall Street -- where huge amounts of money are at stake every trading day. Many speculators play this game by watching for events outside of the stock market that they […]
Catch the trend using 21 day Twiggs Money Flow
If you wanna catch a perfect shorter term up trend then check for 21 day Twiggs Money Flow Divergence breakout. Sample Chart shows the Twiggs Money flow Divergence breakout […]
Nifty 50 EOD charts with SDA2 Trend Trading System More recently ICICI Bank had given a buy signal on last week. One can trade this counter with minimum stop loss of Rs 1000 on EOD basis and this stock would be the one to watch for reversal this week.
Nifty Big Picture – Long Term Overview Nifty PE ratio hovering above 26 levels for the the past 1-month. Monthly trading sentiment is continuing positive and at the extreme. Yearly profile shows a trending market with poor […]
to good