Recent Posts
Changing Trends
Return To Blog Listing
Analysis of Indian and US stock markets - Nifty, S&P 500 and Dow Jones. Fundamental view and trend analysis. Analysis of Nifty and S&P 500 based on Technical Analysis
Recent Posts Tagged With 'market direction'
Nifty and Sensex Up
Today the benchmark BSE Sensex and NSE Nifty of India closed up almost 4%. The upside followed previous four days of upmove in a row and traders seem to be more on long side.Looking at the Daily Chart of Nifty Future, following is my observation:Afte...
S&P 500 and Nifty Future Analysis based on Daily Charts
Friends, After some time I am back with my analysis of S&P 500 Futures of US and Nifty Futures of India based on Daily Charts. For some time I was scared posting my analysis fearing direct interference by those in power but now it seems they have...
Weekly Analysis of Nifty and SnP 500 Futures
Friends,The NSE Nifty Future (see weekly chart) fell last week and the US index - S&P 500 Future went all over the place to finally close marginally up. Today I am presenting my views based on Weekly Charts of both these indexes.Nifty Future Week...
Nifty Futures Below 200 SMA on Hourly Chart
Friends,Today I post my view and analysis of NSE Nifty Futures based on the Hourly Chart. The one thing I noticed during the trading time was in the last hour Nifty Future tried its best to save the 200 Period SMA but failed and closed well below it....
S&P 500 Futures - Rising Channel Breaks Down
I told you friends there is a rising channel forming in S&P 500 and the future charts (Daily) for today shows it has been broken. Such patterns are generally continuing patterns of previous larger trend, which is Bear Trend for both the S&P 5...
Nifty Breakout was Fake?
Friends,When all analysts were singing the breakout song, I doubted it (see this and this ) and then the confirmation of my doubt came true when I saw big divergence between Nifty and Nifty Futures and now we see it happening, the indexes both Nifty ...
Big Divergence Nifty vs Nifty Futures
Friends,I did not post my analysis yesterday for Nifty. The reason is I got two different views for Nifty and Nifty Futures. Yesterday, Nifty showed a breakout but the futures did not. Here I present two daily charts - identical, of Nifty (on the rig...
S&P 500 Analysis on 6th Aug
Dear Readers,S&P 500 Futures Hourly Chart suggested a Breakout yesterday which I mentioned in my post if it remains above 1262-65. Now, I must tell you the bigger picture - looking at Daily Chart, the picture is not that pretty. The reason is I s...
Nifty on a Breakout?
Friends,Today Nifty gained a almost two and a half percent with better than previous seven days' volume. Is this a breakout? are those days of Bear Market over? Let us see how it shows up on daily chart. As we can see, Nifty rose to close above 450...
S&P 500 took support near 1245
Friends,As I mentioned yesterday (see my last post), the S&P 500 when not managing to be over 1262, fell to 1253 and breaking that it almost kissed 1245, which I mentioned as next big support. After that, as of now, the S&P 500 futures have r...
Dow Jones and S&P 500 Futures on 4th Aug 2008
Friends,Last time when I posted my analysis about S&P 500 on 1st Aug I emphasized on 1260 - 1262 as important levels. On Friday, it remained near that mark and closed just at 1260.Looking at current Hourly Chart of S&P 500 futures, the signal...
Nifty Analysis - Weekly and Daily Charts
Dear Friends,So I am here with the Weekly Chart (Long Term) and the Daily Chart of Nifty. My observation based on the charts are following:The Daily ChartThe Daily Chart of Nifty made me recall the previously well mentioned lines - Line 1 - The Main ...
