Saturday, December 19, 2009

Bank Nifty Intraday Chart (Bankex intraday chart)

Bank Nifty Chart

Bank Nifty Intraday Chart

Thursday, December 17, 2009

Historical Sensex Data from 1979 to 2009

Historical Sensex Data from 1979 to 2009

For those searching for Historical Sensex Data from 1979 to 2009 the data is available here. Its available at a nominal cost of Rs 1000. Leave a comment here if you need the data with your contact details or email address I will get in touch with you. Your details wont be picked up by any spammer :)

Though I do have free data availble for Nifty and other indices. You can visit this site to download historical nifty data.

Tuesday, December 15, 2009

S&P 500 Spot Intraday Chart

For those looking for S&P 500 Intraday chart - here it is

Monday, December 14, 2009

Nifty Weekly Chart

Nifty Weekly Chart

Nifty Weekly Chart with stochastics

Sunday, December 13, 2009

Dow Jones Intraday Candlesticks chart

This is the intraday chart for Dow Jones index (spot). It also has slow stochastics and rsi included as part of the chart. The chart does not auto refresh itself. One has to either refresh it each time one wants to see updated prices or use a add on autorefresh in firefox browser.

There is also both the 20 minute and the 50 min ema line marked on it. I will do a post later as to why these lines are so very important. The added advantage of using this chart is that for the figures of rsi and stochastics is starts off where is left off yesterday, so that there is continuity in the prices (since both oscillators require atleast 14 periods before current to generate meaningful values).

Bank Nifty Intraday Chart (Bankex intraday chart)

Bank Nifty Chart

Bank Nifty Intraday Chart

How to Calculate Exponential Moving Average in excel

Calculate Exponential Moving Average in excel

If you are confused as to how to calculate exponential moving average, here's an excel spreadsheet which shows you how to do so in very simple terms.

Thursday, August 20, 2009

Head & Shoulders Pattern

I forgot to add another reason why 4350 support was crucial. A close below and we will trigger a head & shoulders pattern on the hourly charts. Have a look below. The distance of the head from the neckline is around 350 points which would mean that the implied target would be somewhere around 3950 - just about around the place where nifty found very good support just a few days after the sharp fall on budget.

Infact today we bounced off exactly from the support line. My guess is on the next test - we will break through.

4350-4380 Good support zone

Seems like this whole zone has become a very good support area. After sharp price declines, buyers come in this zone to provide the requisite buying to propel the markets higher from here. Twice or thrice we've had very sharp bounces from this region.

Look at the intraday charts of Nifty below. I will watch for a break of this zone over the coming few days - infact might happen this week itself. This would mean we would then have open space to move down to 4100-4150 area which acted as support a couple of times during May-June.

Wednesday, August 19, 2009

Asian markets leading global equity markets

Have a look at this post from Dr Steenbarger's blog. His logic suggests and I agree with my observations over the past few months that asian markets are now no longer lagging behind US markets and following the overnight action in US. Rather, now the action, bull or bear starts early morning from asian markets - especially China. Europe follows up on the sentiment prevalent in asia during the morning.