Related Readings and Observations

• Nifty Weekly Trend Update for the week 12-16 JAN 2009   Weekly Trend is Negative with 5 EMA Resistance Near 2894Daily Trend is Negative with 5 EMA Resistance near 2835 Source: www.marketcalls.in
• Nifty Open Interest Relookup – March Series It has been mentioned in my last post that 5600 CE has higher open interest as on last Friday But today there has been tremendous amount of 5600CE contracts got unwinded. As of now 5400 PE […]
• Elliot Wave Guidelines Hi here is a complete guideline set for Elliot Waveshttp://www.geocities.com/WallStreet/Exchange/9807/Charts/SP500-Articles/EWRules.htm I think my prediction on Elliot waves are simply […]
• Analysis : Nymex Crude Oil Waiting for a Breakout Move? Crude is trading around $50.80 & as we can see on charts it is trapped in a range & producing a symmetrical triangle pattern. Generally these patterns appear before a big move […]
• How to Read Market Profile Structures: Market Profile Tutorial In the past, we discussed about Different Market Profile Structures. Generally, most of the traders who study market profile for the first time they get little excited about the profile […]
• Tuesday Intraday Action in Nifty   (click on the charts for bigger view)Nifty 1 min Charts The day started with a gap down opening and tested 3330 levels straight away at 10.00 A.M. Market was expecting RBI […]