Update for 31st March 2011

  Another Late Edition of the Momentum Signal Trading System

• This late edition of the Momentum Signal trading system is published at a time when the Nifty future has almost reached even the second medium term target for the breakout as discussed in the post dated 28th March 2011. The inconvenience caused by the late publishing is regretted. This edition also contains only the bare essentials of the trading system. 
• As the market has  gained continuously for seven trading days already, traders may exercise some caution in respect of the frontline stocks and the Nifty index. Nifty index and the futures may find some resistance around the 5850 levels.

   Nifty Futures - Intra-day Chart

 Nifty Futures  - Daily Chart 

Update for 30th March 2011

   A Belated Update of the Momentum Signal Trading System

Due to a massive power outage from yesterday morning which continues even now and the consequent system failure, this update is published late and contains only the basics of the system. The inconvenience caused to the regular readers is regretted.   

   Nifty Futures - Intra-day Chart

 Nifty Futures  - Daily Chart