21 day Twiggs money flow chart of Reliance Chart shows that it has broken
the twiggs money flow negative divergence and also trading above zero, which
indicates buying pressure above Rs1090 (Overhead trend line resistance)
Related Readings and Observations
Nifty and Bank Nifty 90min charts for 15 Apr 2011 Trading Nifty and Bank Nifty turns to buy mode last Wednesday with supports coming around 5850 and 17011 respectively- Ichimoku Cloud AFL code Simple AFL code for Ichimoku Cloud Charts are given here which plots only the Ichimoku cloud charts for any kind of timeframe. As usual Ichimoku performs a high role in high probability […]
- Nifty Short Term Trend – December Series Market Profile Analysis Nifty Short term trend continues to be in a positive zone with an immediate single print support zone comes around 12080 and 12125 levels. However first week of December series is likely […]
- Options Strategy for the Month of October – Bull Call Spread/Long Call Nifty is likely to cross 6300 by expiry due to following reasons.Sustained buying by FIIs – incoming smart money, Sustained selling by DIIs - outgoing dumb money
- GANN Shorter Term Update for 13 Dec 2009 Resistance at 5180 and Supports at 4980Source: www.marketcalls.in
- Buy Indian Hotel, target Rs 182: HEM Securities HEM Securities has maintained buy raitng on Indian Hotels with target price of Rs 182 in its February 21, 2008 research report. "Indian hotels and its subsidiaries, collectively […]
Leave a Reply