Update for 10th May 2011

 A Late Update of Momentum Signal Trading System

• As this blogger is attending to some personal matters, this update is also late. Please bear with me for the short update.

 Nifty Futures - Intra-day Chart

   Nifty Futures  - Daily Chart 

   Nifty Options Scene   

The May series Nifty Options Put Call ratio ( PCR May series ) improved slightly to a below normal and bearish looking 0.77 times on Monday. The below normal PCR may indicate the negative bias of the market. 

 

 

Update for 9th May 2011

Another Short Update of Momentum Signal Trading System

• Market seems to have slowed down it's fall. However, the medium term trend may remain downwards for some more time.
• The sell signal dated 28th April at a level of 5785 in the Nifty Futures has made a minimum profit of 200 points. 
• This edition also is limited to basic charts, data and trading system updates.

 Nifty Futures - Intra-day Chart

   Nifty Futures  - Daily Chart