
NIFTY reversal is a possibility
Yesterday NIFTY tried to remain in the positive zone almost throughout the day but failed to close there. Towards the end of the day...

Oversold NIFTY? An upturn on the sight
17th November 2016 NIFTY has been hammered in the last few days by the bears due to rising yield in the US bond markets. Yesterday it...

SMT nicely spots the anomaly in price action
13th November 2016 The key to successful trading consists of two things only. The first step is making an educated guess (sometimes...

Bullish sentiment continues as expected
11th November 2016 As I mentioned in yesterday's blog the expectation for the day was an upmove and without much surprice the NIFTY...

Bullish divergence spotted after massive volatile day
10th November 2016 Yesterday was very important for the NIFTY due to two very important news events. The Indian government banned all big...

A nice upturn in NIFTY yesterday - anticipated
8th November 2016 I was expecting a strong bullish move in NIFTY since last 2 days because the SMT was consistently pointing upwards...

Market fell heavily but reversal seen ahead
7th November, 2016 I mentioned in the previous post that a bullish divergence was indicating a reversal but the market continued falling...

Bullish divergence continues - upmove soon?
4th November 2016 Yesterday on 3rd November we saw the downmove continued in Indian markets with NIFTY falling another 29 points closing...

Yesterday's big fall in NIFTY - anticipated
3rd November 2016 In my previous blog I was anticipating a continuing downtrend based on the Smart Money Tracker (SMT) slope and it...

Is the SMT pointing towards a downslide?
1st November 2016 Now we have a few more days data came in and the updated chart looks like this one below. As we can see in the top...