Recently Trin has declined strongly from rising upwards which shows that positive momentum is building in. Chances are more likely to make a breakout on upper side
Related Readings and Observations
Gold in the Breakout Zone – Medium Term Trend Analysis Gold is showing signs of breakout on the weekly timeframe currently price is defending around the 1300 reference levels. Sentiment is positive across the timeframes. 1300 is more likely to […]
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 […]
India VIX Fall down below 20. Will Market Enter rangebound Mode? India VIX maintains positional sell mode since 13th May and the current resistance comes very close too 26.07. India VIX will turn to positional buy mode if the resistance breaks on the […]
Nifty Futures – Resistance built around 11727 Nifty cooled down a bit from the extreme bullish sentiment on wednesday trading which also closed the tuesday gap. Last 30min sell-off turned Nifty to a late spike on the downward. That […]
RRG Study : Relative Strength of the Sectors This relative study is done using RRG Graph from Market Analyst 7. Here RRG Graph is used to study the movements of Sectors relative to CNX Nifty Index to identify under-performing and […]
Nifty closed below 5 EMA weekly
From Nifty Weekly charts shows that nifty closed below 5-EMA(5000) average for the second time since march 2009.First time happends during the Budget week of July-2009. Nifty […]
Leave a Reply