Market Trend Map – Nifty

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Market Trend Map simply illustrates the trend of the S&P CNX Nifty and other broad based market indices. Whenever prices are visible in Green, trend of the market is up and whenever prices are visible in Red, trend of the market is down. The parameters used for determining the trend of the market incorporate the Price structure, Volumes and Momentum. These parameters have been gelled together into a “Model” using Amibroker. Market Trend Map thus provides an easy visual depiction of the current trend of the market for those market participants who do not have the time to go through our market analysis articles and videos.

Current Trend of Market is Bullish. Last updated on 10th January 2012