Update for 18th July 2011

    Nifty Futures In No-Man's Land ? 

It seems that Nifty futures is stuck in the no-mans land at present. Though the trading was highly volatile, Nifty futures closed without much change for the last four trading days. Moreover, in spite of the Momentum Signal going in to the negative territory, Nifty futures has remained steadfastly above the support of 5500  - 5550 area. 

Nifty Futures - Daily Chart   

   

Nifty Futures - Daily Moving Averages Chart

Update for 15th July 2011

   Nifty Futures' Direction - Still Undecided ?

The gaps in the charts of indices were filled as on yesterday. But, the direction of Nifty seems to be still undecided and it is still enjoying support at the 5500 - 5550 levels. Due to other pre-occupations, this edition is kept short with just the system updates.

Nifty Futures - Daily Chart       

Nifty Options Scene   

The July series Nifty Options Put Call ratio ( PCR July series ) closed higher at a  1.18 times on Thursday.