google.com, pub-7808368332557457, DIRECT, f08c47fec0942fa0 The Ultimate Momentum Signal

Wednesday, March 3, 2010

Update on The Ultimate Momentum Signal

 The Breakout - Day 3

In spite of  the world markets trading sideways, today, the Indian markets rallied further on the strength of the market heavy weight Reliance and the midcaps.

 Nifty Future - Daily Chart
 

Tuesday, March 2, 2010

Update on The Ultimate Momentum Signal


 The Breakout - Day 2

As expected the follow up buying happened today and the Nifty futures closed at the high. There weren't any adverse news from the international scene too.

The Updated Momentum Signal Spreadsheet 

The updated spreadsheet showing the Momentum Signal as on the close of  2nd, March, 2010 is given below.