charts
Bank Nifty : Nifty :
Position Update : 1/12/10
*** INTRA-DAY TRADES *** * Buy BN 12235, sl 12210, tgt 12300Sl of 25 points taken. Nifty total points : points.Bank Nifty : points. ———————————————————————— *** NEW TRADES *** ———————————————————————– *** OPEN TRADES *** STOCKS * Buy Dr Reddy at 1742-1240, sl 1680. Tgt 1820/ 1880. *** POSITIONAL INDEX TRADES *** * Buy Mini-Nifty 5870-5875, […]
Swing Low Musings
On Sunday Midnight before the asian markets got underway and well before the Nifty open, Shai had posted a chart of the McClellan index in his weekend post here. Here is the chart again for reference : I quote from his comments : “the indicator is getting extremely oversold which means you have to be […]
Nifty hits weekly POC
The market opened on a strong note this morning and was quick to move above yesterday’s value area high setting up a long opportunity for a target of weekly POC around 5975. In my post on Monday I had hinted at the possibility of the level of 5868 being a turn level annd setting uop […]