Disqus for www.money99.in

Monday 15 September 2014

Small caps outperform



Today's  Market



Analysis of NSENIFTYas of 15/09/2014

NSENIFTY closed down -63.500 at 8,042.000.  Volume was 39% below average (neutral) and Bollinger Bands were 21% narrower than normal. 

As regards global markets, Asian indices closed on a mixed note today, with the Singapore and Hong Kong markets posting the biggest losses. The rupee was trading at Rs 60.99 to the dollar at the time of writing.

Open            High                 Low             Close          Volume___
8,070.350     8,077.300     8,030.000     8,042.000  96,502,560

Technical Outlook 
Short Term:               Neutral
Intermediate Term:   Bullish
Long Term:               Bullish

Moving Averages:    10-period         50-period         200-period
Close:                       8,103.46       7,811.02          6,927.54
Volatility:                         11               14                15
Volume:                   110,908,608    133,034,120    158,376,144


   NSENIFTY is currently 16.1% above its 200-period moving average and is in an upward trend.  Volatility is low as compared to the average volatility over the last 10 periods.  Our volume indicators reflect volume flowing into and out of NSENIFTY at a relatively equal pace (neutral).  Our trend forecasting oscillators are currently bullish on NSENIFTY and have had this outlook for the last 22 periods.    our momentum oscillator has set a new 14-period low while the security price has not.  This is a bearish divergence.  

=================================================================================

Sector Performance
=================================================================================

BANKNIFTY closed down -86.601 at 16,167.550.  Volume was 14% below average (neutral) and Bollinger Bands were 28% narrower than normal. 

Open              High               Low               Close         Volume___
16,158.650     16,239.700      16,106.050     16,167.550    27,061,568

Technical Outlook 
Short Term:               Overbought
Intermediate Term:     Bullish
Long Term:                Bullish

Moving Averages: 10-period     50-period     200-period
Close:                  16,139.76      15,447.22      13,194.93
Volatility:                   11                 22               27
Volume:        21,675,898     25,925,220     31,468,216

   
   BANKNIFTY is currently 22.5% above its 200-period moving average and is in an upward trend.  Volatility is extremely low when compared to the average volatility over the last 10 periods.  There is a good possibility that there will be an increase in volatility along with sharp price fluctuations in the near future.  Our volume indicators reflect volume flowing into and out of BANKNIFTY at a relatively equal pace (neutral).  Our trend forecasting oscillators are currently bullish on BANKNIFTY and have had this outlook for the last 17 periods.     

=================================================================================

MCX closed up   5.450 at 818.450.  Volume was 77% below average (consolidating) and Bollinger Bands were 53% narrower than normal. 

Open     High        Low      Close        Volume___
808.000  832.000  805.100  818.450     338,356

Technical Outlook 
Short Term:               Neutral
Intermediate Term:    Bearish
Long Term:               Bullish

Moving Averages: 10-period     50-period     200-period
Close:                  826.03         797.97         591.30
Volatility:               22               55               67
Volume:               517,734      1,568,772      1,588,734


   MCX is currently 38.4% above its 200-period moving average and is in an downward trend.  Volatility is extremely low when compared to the average volatility over the last 10 periods.  There is a good possibility that there will be an increase in volatility along with sharp price fluctuations in the near future.  Our volume indicators reflect moderate flows of volume into MCX (mildly bullish).  Our trend forecasting oscillators are currently bearish on MCX and have had this outlook for the last 13 periods.     

=================================================================================

GOLDBEES closed down  -1.700 at 2,498.750.  Volume was 27% below average (neutral) and Bollinger Bands were 28% narrower than normal. 

Open             High            Low           Close          Volume___
2,509.950     2,509.950     2,490.000   2,498.750      18,376

Technical Outlook 
Short Term:               Oversold
Intermediate Term:    Bearish
Long Term:                Bearish

Moving Averages: 10-period     50-period     200-period
Close:                   2,522.98       2,575.70       2,691.21
Volatility:                   6                12                13
Volume:                17,341         16,473         25,518


   GOLDBEES is currently 7.2% below its 200-period moving average and is in an downward trend.  Volatility is extremely low when compared to the average volatility over the last 10 periods.  There is a good possibility that there will be an increase in volatility along with sharp price fluctuations in the near future.  Our volume indicators reflect moderate flows of volume out of GOLDBEES (mildly bearish).  Our trend forecasting oscillators are currently bearish on GOLDBEES and have had this outlook for the last 15 periods.    The security price has set a new 14-period low while our momentum oscillator has not.  This is a bullish divergence.  






About

Parag Patil is a technical analyst and trading system designer with stock excel programmer. I hope the articles and live chart of nse future and mcx on this Website will be as helpful and profitable to you . I try to update and post new articles tips everyday. My motto is to encourage the traders, so that they should able to understand the technique views behind the moment of stocks. I have deeply analyzed with many technical indicator with parameter and added to my amibroker afl. And even taken backtest report which is never being implemented. Any of the analyst expect me. Seeing all this you may understand that my views is more technical than commercial. If you are profited by my views I fill happy.

0 comentários:

Dear Friends,
Sorry to say that you are suffered for the chart initially available, now they are restored and you can very well see the chart on money99.org similar to money99.in.
And all of you are intimated that we are going to develop more and more in money99.org to facilitate your dreamy demands.

Disqus for www.money99.in

Recent Posts

© Copyright 2015 Money99. Designed by Parag Patil