Pages

Saturday, March 30, 2013

Nifty Futures, CNX Nifty and BSE Sensex - The Latest Momentum Signal

I am extremely happy to restart a limited version of the updates of The Ultimate Momentum Signal. As my previous readers and subscribers know, The Ultimate Momentum Signal was used to be up-dated daily by publishing long posts showing the snapshots of the original spreadsheet and various other data and technical charts. The trading system is again made open to the trading public in a limited format due to the longstanding demand of several readers and subscribers. I have been receiving some persistent mails even now requesting  the resumption of the daily posts. Let me thank all of my readers and subscribers for the keen interest and the trust reposed on me and my system over this period of time! I would also like to express my sincere regret for the abrupt stoppage of the daily posts and the inconvenience caused to my readers and subscribers. Suffice it to say that the stoppage was forced on me due to some adverse health conditions and later on, due to the loss of data and backups due to a computer crash which ensued during my forced holiday. 

They say that "if anything can go wrong, it will". Yes, this long chapter of life almost resembled the many risk scenarios described already in the Risk Analysis page of this blog itself. 



After the recovery, both the health condition and the data, the daily updates remained suspended due to the workload and time involved in manually preparing the daily snapshots and publishing the same on a daily basis. I hope that my readers and subscribers would understand that the whole publishing was being done voluntarily and without collecting any subscription charges whatsoever.

The Catch


Now, you may ask me what's the new catch?

Yes, there is a small catch. You may recollect that in the earlier part of this message, I wrote that the updates of the The Ultimate Momentum Signal is being resumed in a limited format. Yes, it is being updated daily. 

But, here is the catch! There won't be any daily posts!

The latest position of The Ultimate Momentum Signal of the current month Nifty Futures, CNX Nifty and BSE Sensex as on the close of each trading day will be updated on the static home page of the blog or in the last post. However, the table showing the projected closing values for assessing the following trading day's Momentum Signal is not being published due to the extra work load involved in running the iterations.   

The crux of the matter is as following:

1. There won't be any new posts on a daily basis! And there won't be any email updates as there are no new posts!

2. Followers of the system are requested to visit the site on a daily basis for the latest position of the Momentum Signal. So please visit the site on a daily basis if you need to know the market direction! 

3. An example of the update available on the site from hereon is shown below:  


The Ultimate Momentum Signal : as at the Market Close of 



I do hope that the above table showing the latest position of The Ultimate Momentum Signal trading system is self explanatory. However, let me reiterate! It shows that The Ultimate Momentum Signal is showing a value of -80 as at the close of trading on 28/03/2013 and was indicating negative momentum/downward trend.

New visitors, old readers and subscribers are requested to read the About, The Signal, Entries and Exits, Position Limits, Risk Factors, Risk Analysis, and FAQs pages to gain a reasonable understanding of the trading system.

I do hope that the resumption of this light version ( yes, light for this blogger!) of The Ultimate Momentum Signal would resolve the longstanding demand and cater to the requirements of the persistent mail writers and discernible and diligent traders, albeit in a limited way!

Cheers and Prosperous Investing and Trading !!!

Yours truly,

momentumsignal

A Small Note: A market, which lacks triggers will mostly spend its time trading to and fro or in other words, sideways. It means that the present market may not be an ideal one to trade due to the lack  of strong trends and The Ultimate Momentum Signal being a trend following system may lead to many whipsaws.  

To access and/or download  the free online Position Limit Calculator click here. ( Please use the latest or updated browsers to access the Google Documents service. )    


Disclaimer: No research, information or content contained herein or in the accompanied spreadsheet shall be construed as advice and is offered for information and educational purposes only. We shall not be responsible and disclaim any liability for any loss, liability, damage (whether direct or consequential) or expense of any nature whatsoever which may be suffered by the user or any third party as a result of or which may be attributable, directly or indirectly, to the use of or reliance on any information or service provided. All files/information is provided 'as is' with no warranty or guarantee as to its reliability or accuracy. We do not recommend, promote, endorse or offer any guarantee whatsoever in respect of any services or products offered in the advertisements displayed on the site by Google AdSense.

4 comments:

Raj said...

Well, thank you very much!

sharestrader said...

Very happy to hear that the signal is available again. Thanks

momentumsignal said...

Thank you Raj and Sharestrader for the encouraging comments!

Sonum Rathore said...

Thanks for sharing this great piece of information. Do keep us update with some more great information..... http://capproin.com/trial.php