Bearish move over yesterday. Now looking for buy again
We have been expecting a downmove since last couple of days (read previous post here) and it came on Thursday 24th, the F&O expiry day on...
Hidden bearish divergence continues. Expect more selling pressure ahead
As pointed out in yesterday's post, the hidden bearish divergence spotted between Friday 18th and Tuesday 22nd closing NIFTY values is...
Yesterday's upmove in NIFTY warrants more bearishness ahead
As we have been expecting an upmove in NIFTY for last few days (due to a continuing bullish divergence reported in my previous posts) it...
Bullish divergence still in place - Expect upmove
The NIFTY was lackluster on last Friday with the bulls still sitting in the sideline. Marginal bullish efforts were immediately...
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...