Before stepping into Monday its better prepare yourself to face the music of volatility in the markets. Last Friday the outcome of BRExit vote on leaving the European union had made a huge shock wave across major financial markets including Stocks, commodities and currency markets. And Fridays price action had done a major structural damage on the time series charts.
Nice discussion about our Interactive Charts. In this webinar we discussed about Interactive Charts features, Indicators, Custom Indicators, How to get custom indicators in Interactive Charts and How to utilize the charts on mobile/tablets/desktop, How to compare two different time-series data, How to load/save templates, How to use drawing tools like fibonnacci, gann, pitchfork and How to take screenshot of your trading studies.
One more custom indicator added to our Interactive Live Charts and EOD Charting section. 5EMA(High-Low) simple trend following strategy that can be practiced on Hourly, EOD and Weekly timeframes to gauge the overall trend in the market.
Two New Indicators Kaufman Adaptive Moving Aveage – KAMA and Fisher Transform Indicator by Ehlers are added in our Interactive charting section. Now users can make use of these indicators in NSE FNO 5min charts and NSE Cash and Futures EOD charting section
Trading view in its blog announced that they started providing NSE and BSE EOD data for cash market. As of now the historical data is since 2013. Its really a great news for the Indian Investors to access NSE and BSE EOD charts with great set of tools.
Nifty on the EOD charts with supertrend indicator is in buy mode since the start of december month and currently the support zone is coming close to 5860
Nifty on the Daily charts has been turned to sell mode on the supertrend charts this monday ( 23rd July 2012 ). And the Supertrend Composite indicator too turned negative i.e to sell mode on 24th July 2012 which indicates possible shorter term bearishness. Currently the supertrend trailing stoploss resistance line is near 5307.
Nifty opened negative in the morning and continued to play in the range of 4750 to 4850 since 3 sessions. Good for option-writers who started to eat premium as they are high in the beginning of the series. FNO turnover also quite less in the last 2 sessions. Now the key support on the downside is 4740 and close above 4860 only can unfold further move upside.
Providing easier access to EOD NAV Mutual fund charts for more than 3000 funds enable with quicker search option. EOD charts supports line plot only. It does not support candlesticks and other pricing types.
Nifty turned to buy signal on last friday on the EOD charts as per SDA2 trend trading system. Which indicates that the medium term nifty is likely in the buy mode and chances of continuation of the trend if is sustains above 5546 on weekly basis.
Nifty is in buy mode on EOD charts since May 27 as per SDA2 trend trading strategy with trailing supports lowered from 5447(as posted earlier ) to 5425. Still Put writers are active in 5400PE as there is higher open interest built up in current option series.
Nifty EOD SDA2 Trend trading charts are shown. Daily charts are in buy mode with trailing supports coming near 5447-5453 range. Any close below 5447 warns the medium term trend to turn downwards. Also still put writers are active near 5400 zone. Possibilities are there that 5450 will hold on EOD basis for the continuing uptrend.