Nifty Hourly Charts for 31st Dec

Nifty at this point of time looks overbought. Though it is in a buy signal.

So Book timely profits if you are in long. Correction could take place

Nifty Positional Long and Short Based on TRIN Chart Shown here is the Nifty chart in comparision with 10 day SMA of TRIN. Red Line - TRIN Blue Line - Nifty Here is a simple view for you when to initiate positional […]
RRG Graph Using Market Analyst to Study Indian Sectors Budget 2015 event is nearing and it is time to study which is the best sector to invest. We use RRG Graph to study the Relative Study and Relative momentum with Indian sectors using S&P […]
USDJPY – Short Term Bottom Done Despite Rising Yields? USDJPY currently trading around 108.71 with relatively thin volumes as Japanese markets are in holiday and despite rising US Markets and 10-year note yield now at 2.90%, surpassing last […]
Call writers built Open Interest in 6200 Call writers had built Open Interest near 6200. Possibly the expiry could end below 6200. As of today 6200CE Oct series holds the highest open interest among the OCT series options. Open […]
5 EMA Buy and Sell Signals for Nifty Chart shows Buy and Sell signals for the past 3 months. Rule is simple Go long if the Nifty candle closes above 5EMA and Go Short if Nifty candle closes below 5 EMA […]
Nifty Elliott Wave Short Term and Medium Term View Next 2 sessions will be critical for nifty. Strength above 7730 is likely to open higher levels like 7920-8000.. On the other hand, if nifty weakens below todays low of 7532,we may see […]