Friday, April 1, 2011

Update for 1st April 2011



  Nifty Futures Trading in a Consolidation Mode


  • This update is also published late due to some some unavoidable circumstances. 
  • Please note that the present buy signal by the Momentum Signal trading system has lead to a profit of 282 points in the March series Nifty futures.
  • As the market has made gains for the past eight trading days, some consolidation move can be expected now.
   Nifty Futures - Intra-day Chart


  Nifty Futures  - Daily Chart 



 Latest Ultimate Momentum Signal 


The Momentum Signals have closed with the maximum +100 values for the sixth day in succession as on Thursday.

Projected Momentum Signal Close Values

The projected levels of Momentum Signal values applicable to various ranges of closing values of the current month Nifty Futures, Nifty Index and the BSE Sensex,  as at the close of next trading day, ie. as on  1st April, 2011, are given in the following table. All readers are requested to take note that the table below is just a ready reckoner for the next day's Momentum Signal values and the figures are not intended to be interpreted as any targets for the Nifty futures or indices shown therein.
 
 
Click on the table above for an enlarged view.


Readers are also requested to go through The Signal, Entries and Exits, Position Limits, Risk Factors, Risk Analysis,  and FAQs pages to gain a reasonable understanding of the trading system. Please do post your  comments and suggestions on how new  posts can be made more useful.

Cheers and Prosperous Investing and Trading !!!

To access and/or download  the free online Position Limit Calculator click here.

 
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