Nifty losses its gains and closed marginally negative on 31st, Dec 2008 As of now the trend is neutral.
For the coming session (1st Jan 2009) : Trend is positive until nifty remains above 2950 and short nifty only if drops below 2952 and remain in shorts if closes below 2950 for the day.
Related Readings and Observations
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 […]
Code Snippets – Plot Buy and Sell Arrows in Amibroker Amibroker AFL script based trading system generally consist of four trading conditions Buy(go long), Sell(Exit Long), Short(go short) and Cover(Exit Short). In todays tutorial we are going […]
Long Wick Candles Could Revolutionize Your Trading There are a numerous candle patterns which form on a regular basis but let us take a look at long Wicked candle which is overlooked by many but can give you a heads up on direction change.
Low Risk Buying at JP Associates JP Associates SDA2 trend trading EOD charts are shown with trailing EOD supports coming near to 80-80.15 zone and retains the buy signal for the past 9 trading session and maintains the […]
Nifty Futures – Trading Band Likely to Expand Still, Nifty Futures is struggling to find its direction for this month. So far in this series, Nifty went down 10552 levels and no supportive active from the sellers and the price manage […]
Nifty Technicals – Will it Solve the Mystery??? CMP : 4360
Last Friday's unusal celebration makes me think about the contrarian side and this time very badly about
indian stock markets.Also operators targetted the reliance badly […]
Leave a Reply