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Update for 15th March 2011

• In the last post it was indicated that Nifty futures can move either way as the contract was trading in a technically neutral area.

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Update for 11th March 2011

• Nifty futures opened lower on Thursday and directionless trading was seen for the entire session. Volumes also remained comparatively lower.

Update for 9th March 2011

• We had indicated in the last post that if the gap between the candles of last Friday and Monday is not filled in the subsequent few days, Nifty futures may be forced to test the lower supports.

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Update for 8th March 2011

• We said in the last post that the increasing uncertainties on the on the political and crude oil fronts may force the market to trade lower or keep it in a wide sideways trading range in the immediate future.

Update for 4th March 2011

Update for 3rd March 2011

• Markets rallied hard on the second day of the budget. It seems that the reason for the rally was not the actual budget proposals but those many things which were not in the budget. The rallies in the Asian and western markets following the then correction of oil prices after the spike also helped.

Update for 1st March 2011

Update for 28th February 2011

Update for 25th February 2011

Update for 24th February 2011

• Following the negative cues from the international markets due to the Arab world unrest and the galloping crude oil prices,  Nifty futures opened slightly lower on Wednesday.

Update for 23rd February 2011

• Nifty futures opened lower on Tuesday due to the all round losses in Asian markets on the back of the rising crude prices .