10 day SMA of TRIN near 0.5-0.7 region indicates Overbought region
Related Readings and Observations
- Nifty and Bank Nifty 90 min charts for 11 May 2011 Nifty and Bank nifty nears the support zone 5530 and 11970 respectively but still on the buy mode. reverse the position if the supports breaks..
- Bank Nifty Futures Trade Preparation for 02nd May 2017 On the Monthly charts – Trend is up and one timeframing for the last 5 trading months. Weekly timeframe trend is up and also got out of the 3 week balance and also onetimeframing for last […]
- Nifty Hourly Analysis with OHLC and Ichimoku Charts November 15th 2011 Nifty took trendline support at 5140 in the hourly charts. One can try small longs at this point with 20 point filter. If this is also broken then 5080 is inevitable support for Nifty. It […]
- How to Quickly Spot Common Fibonacci Ratios on a Chart Each Elliott wave pattern has its own common Fibonacci relationships between waves. You can use them to set your price targets and determine where the trend should reverse. In other words, […]
- Simple AFL code for 5 EMA(High-Low) Here the Idea is to design a basic 5 EMA(High-Low) system which could produceBuy/Sell Signals whenever the candle crosses the 5 EMA(High/Low) linesi.e A Buy Signal should […]
- Working Solution for Options Oracle is one of the best option analaysis tool for Indian stock markets and Option traders in india had a strong affinity towards that open source tool. However in recent days the tool is not […]