Update for 8th June 2011

    Market at Crossroads Again !

Nifty future has so far retained some of the recent positive momentum. However, the Nifty index as well as the BSE Sensex has already gone back in to the neutral momentum zone as on Tuesday's close. Any further weakness in the international markets may hamper the present positive move.

     Nifty Futures - Intra-day Chart 

  Nifty Futures  - Daily Chart 

Update for 7th June 2011

Since the power disruption and some technical hitches are continuing, this edition is limited to just the trading system update.

  Latest Ultimate Momentum Signal 

The Momentum Signal has remained in the positive territory as on Monday. 

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  7th June, 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. ( Please use the latest or updated browsers to access the Google Documents service. )

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