Profile charts for 101th August

Nifty Future chart August Series : Perspective : Same as yesterday- The bounce off the lows yesterday nearing 200 points, RM’s wonderful charts of the MO which are displaying extremely oversold values, seem to be indicative of a bounce in store. Generally such counter reactions tend to be violent, and if the lows hold for […]

Profile charts for 11 th August

The Prime Levels for tomorrow are possible areas of demand and supply and the same are uploaded in an excel sheet here. The most important number to watch in the sheet is Prime Point Zero or (PP0) which is the level where the market is neutral for the day.A market below PP0 and moving lower […]

Runaway Gold

First the OrderFlow charts of Silver, which is the newest addition to our MCX trading room. We had a sell signal yesterday, which returned 2200 points ! Now for some longer term references. In one of my earlier posts, exactly a month back, I had posted a chart with Gold then around 1520 and projected […]