10 day SMA of TRIN is in increasing mode. But still below one.
Any value above 1. We will definitely test the lows this time.
Related Readings and Observations
- Nifty and Bank Nifty 90 min charts update for 19th June 2012 Trading Nifty and Bank Nifty charts on the 90 min timeframe turned to positional sell mode with resistance coming around 5094 and 10014 respectively.
- Sayaji hotels : The next big star in the hotel industry Scrip scan:-Sayaji hotelsCode:-523710cmp:-112Introduction:-Booming tourism industry and higher business travel has led to insufficient rooms in indian hotel industry. As a […]
- Nifty and Bank Nifty Futures Monthly Charts are Overheated Market is playing the dead volatility game. If you are a classical technical analyst you would have noted that the monthly charts would have shown overheated levels. So thought of bring […]
- Buy Tata Consultancy Services (TCS) : Target 1425 Tata Consultancy Services Cluster: Evergreen Recommendation: BuyPrice target: Rs1,425Current market price: Rs1,073 A decent performance Result highlights Tata Consultancy […]
- Nifty Notes for 11th July 2008 Index : CNX Nifty Open : 4166 High : 4215.5 Low : 4014.45 Close : 4049 Avoid trading near Fibo level - 4214 and day high is 4215.5If you are a clever […]
- VWAP Explained in Simple Terms As per Wikipedia volume-weighted average price (VWAP) is the ratio of the value traded to total volume traded over a particular time horizon (usually one day). It is a measure of the […]