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...