Archive for October, 2011

NIFTY Weekly price action analysis – 14-October-2011

This item was filled under [ Traders zone ]

Here is the Nifty weekly chart with trend lines, trend channel and swing points marked on it. Let’s take a look at NIFTY’s weekly chart and do the analysis based on facts shown by price action- Bullish reasons – 1) We have got a new pivot low confirmed at 4730. 2) Strong bullish bar with […]

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NIFTY Weekly price action analysis – 07-October-2011

This item was filled under [ Traders zone ]

Here is the Nifty weekly chart with trend lines, trend channel and swing points marked on it. Let’s take a look at NIFTY’s weekly chart and do the analysis based on facts shown by price action- Bullish reasons – 1) There was large pullback from the low of 4720 and bar closed marginally in green. […]

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NIFTY Weekly price action analysis – 30-September-2011

This item was filled under [ Traders zone ]

Here is the Nifty weekly chart with trend lines, trend channel and swing points marked on it. Let’s take a look at NIFTY’s weekly chart and do the analysis based on facts shown by price action- Bullish reasons – 1) Weekly close is above previous weeks close. The week has also shown a green candle. […]

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Interpreting top 10 open interest – 30-September-2011

This item was filled under [ Traders zone ]

As options open interest shows us the footprint of smart money/big players, so lets try to decipher their footprint. Here is the list of option strikes (October expiry) that have got highest open interest as of Friday’s close. Observations – 1) 5000 and 5200 CALLs have seen highest OI in this new series indicating these […]

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